When it comes to managing and maintaining a compliant global supply
chain immediate access to reliable information and sound advice is
essential. Below are
links to our most recommended go-to sites.
Articles on the Rewards of
Compliance
The proof is in: Importers and exporters who implement best compliance practices as part of an overall supply chain strategy experience greater operating and financial performance and hold a competitive edge in global markets. Did you know, for example, that an importer’s costs are reduced by more than 0.5% of the value of the goods for each day saved on import? That’s $1000 for every $200,000 of product!
A recent study by the Aberdeen Group reports findings by companies just one year after making the transition.
The University of Virginia surveyed C-TPAT participants in 2007. The survey cites benefits including up to seven times fewer inspections, improved supply chain efficiency and reduced costs.
Articles on the Risks of Non-compliance
Across safety and security issues, governments are collaborating more than ever via sophisticated enforcement networks. Hefty increases in fines and penalties for violators are also on the rise. Companies who lag behind in adopting good compliance practices also face costly ramifications in the marketplace as potential supply chain partners opt to do business only with low-risk enterprises.
International Business Training and Outsourced Logistics (previously Logistics Today) provide access to helpful articles on the risks of non-compliance.
Global Trader Essentials
One of the most common and costly mistakes companies make in their compliance efforts is concentrating solely on today’s regulations and not keeping watch on (or participating in) changes in the making. A close second is being concerned solely with U.S. regulatory frameworks and not paying heed to global initiatives. The sites below provide up-to-date access to critical information.
· Global Import and Border Protection Trends: World Customs Organization
· Global Export Control Trends: UN 1540 Committee
U.S. Importer Essentials
· U.S. Customs and Border Protection (CBP): Trade and Border Security
U.S. Exporter Essentials
· U.S. Department of Commerce, Bureau of Industry and Security
· U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC)
· U.S. Department of State International Traffic in Arms Regulations (ITAR)
Essentials for Shippers of Dangerous Goods (Hazardous Materials)
· UN Model Regulations
· Education and Policy Activism: The Dangerous Goods Advisory Council
· Global Air Regulations: International Civil Aviation Organization (ICAO) and International Air Transport Association (IATA)
· Global Ocean Regulations: International Maritime Organization
· U.S. Regulations: Department of Transportation Office of Hazardous Materials Safety
The proof is in: Importers and exporters who implement best compliance practices as part of an overall supply chain strategy experience greater operating and financial performance and hold a competitive edge in global markets. Did you know, for example, that an importer’s costs are reduced by more than 0.5% of the value of the goods for each day saved on import? That’s $1000 for every $200,000 of product!
A recent study by the Aberdeen Group reports findings by companies just one year after making the transition.
The University of Virginia surveyed C-TPAT participants in 2007. The survey cites benefits including up to seven times fewer inspections, improved supply chain efficiency and reduced costs.
Articles on the Risks of Non-compliance
Across safety and security issues, governments are collaborating more than ever via sophisticated enforcement networks. Hefty increases in fines and penalties for violators are also on the rise. Companies who lag behind in adopting good compliance practices also face costly ramifications in the marketplace as potential supply chain partners opt to do business only with low-risk enterprises.
International Business Training and Outsourced Logistics (previously Logistics Today) provide access to helpful articles on the risks of non-compliance.
Global Trader Essentials
One of the most common and costly mistakes companies make in their compliance efforts is concentrating solely on today’s regulations and not keeping watch on (or participating in) changes in the making. A close second is being concerned solely with U.S. regulatory frameworks and not paying heed to global initiatives. The sites below provide up-to-date access to critical information.
· Global Import and Border Protection Trends: World Customs Organization
· Global Export Control Trends: UN 1540 Committee
U.S. Importer Essentials
· U.S. Customs and Border Protection (CBP): Trade and Border Security
U.S. Exporter Essentials
· U.S. Department of Commerce, Bureau of Industry and Security
· U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC)
· U.S. Department of State International Traffic in Arms Regulations (ITAR)
Essentials for Shippers of Dangerous Goods (Hazardous Materials)
· UN Model Regulations
· Education and Policy Activism: The Dangerous Goods Advisory Council
· Global Air Regulations: International Civil Aviation Organization (ICAO) and International Air Transport Association (IATA)
· Global Ocean Regulations: International Maritime Organization
· U.S. Regulations: Department of Transportation Office of Hazardous Materials Safety
