Strategic Solutions
The road map to a successful shipment
The road map to a successful shipment
If the process of import/exports, customs regulations, tariffs, incoterms, and all the aspects of international logistics seems overwhelming. Here are helpful topics and overviews that will help you navigate through the road of global logistics. Strategic is here to provide logical and compliant solutions for your logistical requirements.
It is a set of rules published by the International Chamber of Commerce for the interpretation of the most commonly used trade terms in international trade.
If goods are controlled, it is important to ensure that the final end user is reputable and well established in country.
Freight forwarding and transportation in the defence and aerospace industry is more than placing a package on a plane and shipping it to destination. Working with the large international courier service providers can put your company at risk.
There are many different considerations to factor in when selecting a carrier it is not just a matter of the cheapest solution.
For various reasons whether it be due to no direct flight plans or tight deadlines there are times when a shipment must transit through another country to reach the final destination. So what is the issue?
Compliance is critical to ensuring not only proper movement of goods, but a solid corporate profile. Take into consideration that in the event incorrect documentation and filings are submitted, to what level of public press, scrutiny, and fines could your company sustain.
There are some commodities that may seem like an export licence is not required, where in fact that is not the case. As an exporter you need to determine if your goods are permitted to be exported out of country and by what mechanism.
AES is meant to help companies ensure export compliance and reduce costs. As an exporter there are regulations surrounding when an AES filing is required, to ensure compliance and avoid financial penalties.
It is the responsibility of the company to generate and transmit the appropriate documentation to their freight forwarders, customers, and appropriate government authorities.
Customs brokerage involves the “clearing” of goods through customs agencies for export (and import). Brokers prepare the documentation, calculate the duties and taxes as well as submit to customs the appropriate information.
For every export there are import considerations that must be taken into account. Depending on those Incoterms that were signed up to, you may be responsible for the delivery of the shipment right up to your customer’s door.
There are also in-country regimes that may govern the import of a shipment. Some products can require an import licence while some products maybe controlled by other government departments.
Customs brokerage involves the “clearing” of goods through customs agencies for export (and import). Brokers prepare the documentation, calculate the duties and taxes as well as submit to customs the appropriate information.