Geodis boosts its trade compliance capabilities
October 12, 2017: Geodis, part of SCNF Logistics, has chosen the Amber Road Export On-Demand solution to screen third-party trade partners to ensure compliance with global sanctions and embargo lists.
Amber Road is a leading provider of global trade management (GTM) solutions. Using the Restricted Party Screening module in Amber Road’s Export On-Demand solution, Geodis will be able to transform its screening processes, replacing numerous disparate and partial systems with a single system covering its worldwide operations.
“Solidifying our compliance systems allows Geodis to grow in a more assured way, as it protects us from risky transactions and enables us to prove to customers that we are compliant with export control regulations,” said Bruno Beauvillier, Group Customs and Export Control director at Geodis. “We chose Amber Road because of its ability to maintain hundreds of lists, and the presence of a local Amber Road team in France gave us great value in supporting our decision process.”
Geodis chose the Amber Road solution in large part because it provides the most comprehensive, continually updated global coverage of more than 570 restricted party lists from government institutions worldwide.
Jim Preuninger, CEO of Amber Road, commented, “We are seeing a growing trend of 3PL companies embracing transformative global trade management solutions that enable them to penetrate new markets and expand existing markets.”
The Amber Road solution is being rolled-out in stages through the different lines of business, beginning with screening of priority transactions and partners, and expanding to include new entities. Within a few weeks of the implementation kick-off in January 2017, key teams were already using the solution.
Historically, verification of customers, partners and transactions was handled semi-independently in each of Geodis’ five lines of business, with some oversight by the group Customs department. As part of its continual drive to improve standards while increasing efficiency, Geodis looked for a way to automate and centralise those processes.