Danieli Group Selects Amber Road Solution to Enhance Global Trade Compliance
By Business Wire News
By Business Wire News
EAST RUTHERFORD, N.J.
Amber Road (NYSE: AMBR), a leading provider of global trade management (GTM) solutions, today announced Danieli & C. Officine Meccaniche SpA, parent company of Danieli Group, ranking among the three largest suppliers of equipment and plants for the metals industry worldwide, has selected its Restricted Party Screening solution to support Danieli’s enterprise-wide global trade compliance initiative.
Headquartered in North-Eastern Italy, Danieli Group includes more than 40 subsidiaries globally, with workshops and implementation projects across the world.
Seeking more comprehensive coverage to support current operations and future growth, Danieli decided to further enhance its compliance controls by implementing a state-of-the-art solution. The company chose Amber Road’s Restricted Party Screening solution, part of the comprehensive Export On-Demand solution that also includes product classification, export controls and export license management as standard modules.
“Besides the fact that our company attaches particular importance to corporate responsibility issues, global compliance is more and more becoming a key factor for success in our market,” said Gianluca Buoro, compliance manager of Danieli Group. “In Amber Road we found a partner that fulfills our global requirements for optimization and automation of sanction and embargo compliance processes. That, together with its worldwide reach, ability to implement a solution in just weeks and well-defined path for expansion into other compliance areas, made Amber Road the clear choice for Danieli.”
Additional factors that moved the needle in Amber Road’s favor included its positive references in Italy and its Europe-based hosting services.
Amber Road will implement the Restricted Party Screening solution in several phases, aiming to eventually cover Danieli’s entire worldwide operations. The solution will be hosted in Amber Road’s high-security facilities in Frankfurt, a new facility opened in September 2015, to meet the specific needs of European companies for compliance with EU data protection and privacy regulations.
“We are very happy to have one of Italy’s flagship companies using our Export On-Demand solution to comply not only with Italian laws but also global trade regulations,” said Thomas Kofler, director of sales, Italy, for Amber Road. ”In recognizing the importance of global trade compliance in the worldwide metals industry, Danieli Group is fostering further development and growth. We look forward to continuing to partner with Danieli, to enhance its capabilities in compliance and possibly also in other areas of global trade management.”
About Danieli Group
Danieli Group, established in 1914, is headed by Italian company Danieli & C. Officine Meccaniche SpA (listed at Milan Stock Exchange); it is active in two synergic business fields such as Plantmaking (Danieli Team) and Steelmaking (ABS). Headquartered in Italy and with a business turnover of approx. 3 billion Euros the group currently employs nearly 10.000 employees, most of whom are based in Italy, Germany, Sweden, Austria, France, The Netherlands, Spain, UK, USA, Brazil, Russia, Thailand, China, India and Japan. The Danieli Team is a pool of highly specialized and experienced product lines providing the steel and nonferrous metals industry with advanced technology and reliable plants and equipment for the best product quality and cash costs, as well as sustainable production. Danieli guarantees single-point design, manufacturing, construction, project management and highly competitive after-sale services. The cohesion between the specialized working groups together with top quality manufacturing make Danieli a recognized highly reliable innovative partner. Danieli supplies the widest range of processing technologies from ore and scrap treatment, ironmaking and steelmaking, casting rolling and downstream processing of flat, long, tubular, extruded and forged products. As a key factor of competitiveness, Danieli invests conspicuous resources every year in research and development to maintain its technological leadership.
About Amber Road
Amber Road’s (NYSE: AMBR) mission is to improve the way companies manage their international supply chains and conduct global trade. As a leading provider of cloud based global trade management (GTM) solutions, we automate the global supply chain across sourcing, logistics, cross-border trade, and regulatory compliance activities to dramatically improve operating efficiencies and financial performance. This includes collaborating with suppliers on development, sourcing and quality assurance; executing import and export compliance checks and generating international shipping documentation; booking international carriers and tracking goods as they move around the world; and minimizing the associated duties through preferential trade agreements and foreign trade zones. Our solution combines enterprise-class software, trade content sourced from government agencies and transportation providers in 145 countries, and a global supply chain network connecting our customers with their trading partners, including suppliers, testing/auditing firms, freight forwarders, customs brokers and transportation carriers. We deliver our GTM solution using a Software-as-a-Service (SaaS) model and leverage a highly flexible technology framework to quickly and efficiently meet our customers’ unique requirements around the world.
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