Compliance, Colleagues, Communication

Gaining buy-in to a trade compliance program  may seem like a daunting task, but do not worry, it is possible to achieve.

Since the beginning of 2018, President Trump has issued three proclamations to address an imbalance in unfair trade practices. While mainly targeted at China, the second of the three actions has taken a protectionist stance on a global basis for the U.S. steel and aluminum industry. Heavy tariffs have been levied against many steel and aluminum products under Section 232 of the Trade Act of 1974 with more coming under, the now pending, Section 301 duties.

Want to get me going? Tell me compliance is a necessary evil.

Necessary? Sure. Evil? Only if you lack imagination and ingenuity!

If you believe knowledge is power, then partnering with your broker in the Broker-Known Importer Program (BKIP) is your answer. As an importer, you are required to provide detailed information regarding your goods when bringing them into the United States. Software and electronic communications are available in the marketplace to make the Customs clearance process more seamless and efficient. However, importers can also participate in voluntary programs to help prevent delays in the Customs clearance of their goods.

Customer experience (CX) and eCommerce is revolutionizing the supply chain. Determining how to deliver an end-to-end experience for your customer smoothly will improve profits. Overall, the industry agrees that the customer's experience is a top priority - especially for retailers. The Internet of Things (IoT) and supply chain management tactics are making progress in these days of rapid change.