Trade and Logistics
Supply Chain Costing and Performance Management
Logistics and supply chain managers have increasingly realized that the greatest potential to create financial value lies not within a single firm but across all the trading partner enterprises comprising a supply chain, particularly at the interface between trading partners. At the boundaries of their firm – with their suppliers and customers – is where companies can identify mutually beneficial cost..
Complying With U.S. Customs Laws
Participants will learn the basics of U.S. Customs laws and how to develop a Customs compliance program at their company. Participants will learn and apply the mechanics of classification of how to classify their products.The program will discuss all the key elements of a solid import program. The participants should be able to return to their office and enhance their import compliance program or develop an..
DDMRP – What Is It?
Companies are facing an ever more increasingly complex environment coupled with increasing marketplace volatility. This is causing companies to strive to be more flexible and responsive by streamlining both planning and execution. In addition, companies are attempting to conserve the use of their valuable resources. Instead of investing in products prematurely that then creates an inventory that may not be ..
Export Party Responsibilities - USPPI, FPPI, Forwarder, Carrier, Routed Transactions
This training program will discuss why an effective export control program (ECP) consists of many processes that connect, intersect, and overlap. It is vital that employees responsible for export compliance know the requirements of Title 15, CFR, Part 30 and the responsibilities of U.S. parties at the time of export.Areas CoveredForwarder and Carrier ResponsibilitiesRouted Export TransactionsEEI/AES Filing ..
How to Administer Vendor Assessments
A Responsibility Check should be done before an award or contract is made to a vendor. This process will help ensure that a vendor is capable and reliable. Participants will learn how to Document an Assessment Review. They will learn ways to do Customization for vendor Types. Attendees will be able to understand what a Verification Check List is and how to create and use one. In addition, they will be given..
How to Develop a Solid Customs Compliance Program
The takeaway for each participant is to understand the ABC’s of customs compliance and learn how to develop a program that is tailored to its company’s size, supply chain, product, and risks. The program will outline the key elements of a solid customs compliance program and provide guidance on how to develop or take corrective actions to ensure compliance and protect the company. This webinar will give the..
IMMEX Program and Free Trade Agreements
Manufacturing in Mexico as a maquiladora under the IMMEX program (formally known as the Maquiladora Program) can offer tremendous benefits for virtually any foreign manufacturer, especially those selling into the North American market. Established in 1965 by the Mexican government as a way to reduce unemployment along the borders, the maquiladora program offers foreign companies easy access to inexpensive l..
Import Regulations and Documentation: The Necessary Basics
The U.S. government monitors regulate and collect import duties on merchandise entering the United States. The agency with the primary responsibility for the effort is U.S. Customs and Border Protection (CBP), which is part of the U.S. Department of Homeland Security. Not to understand the basics of importing guarantees serious trouble for the importer.Goods may be imported to the United States subject to i..
Importing and Exporting by U.S. Mail and Express Consignment
The Webinar will cover such topics as definitions of various articles related to U.S. Mail and express consignments; mail subject to Customs examination; exceptions to Customs examinations; general documentation and requirements; importations not over $800 in value; bona - fide gifts; dutiable packages; formal entries; costs of importing by mail; special classes of merchandise; restricted and prohibited mer..
Importing and Exporting COVID-19 Products: What You Must Know
The outbreak of coronavirus disease (COVID-19), first in the People’s Republic of China (PRC or China), and now globally, including in the United States, is drawing attention to the ways in which the United States and other economies depend on critical manufacturing and global value chains that rely on production based in in the PRC and other countries. Congress is particularly concerned about these depende..
Letters of Credit for Importers-Exporters
Letters of Credit are the primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under the Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide. This web session is designed to provide attendees with an end-to-end understanding of the L/C (letter of credit) process. From the beginning of a contractual agreement, through the ..
Mexico Import Process Basics
Non-tariff measures (barriers) are generally defined as policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods, changing quantities traded, or prices or both (UNCTAD).Areas Covered Non-Tariff Barriers definition and objectiveDifference between a Direct and an Indirect NTBDirect NTB’s established by the Mexican ..
Navigating The US Customs Regulations - Title 19 Code of Federal Regulations
Having a solid understanding of applicable regulations is not only legally required, but it can also offer your company tactical and strategic advantages. Preventing fines, penalties, and potential loss of import privileges will keep your business running smoothly, efficiently, and at the lowest cost of operation. Knowing, understanding, and applying the subtle areas of trade compliance and global trade man..
Preparing for a (US and other) Customs Audit
US Customs law dates back to 1879 and was far less burdensome, legally, on the US importer until 1993. Under current law, the US Customs Modernization Act, the US Importer is now mainly responsible for adherence to all US Customs laws and regulations. While Customs calls it a “shared responsibility”, the burden is on the importer to “exercise reasonable care”. In this session, we’ll discuss the basics of a ..
The Newly Revised Incoterms and their Impact on Foreign Suppliers to the United States
In my experience as a trade lawyer for the past 38 years and a licensed US Customs Broker, INCOTERMS are increasingly used and equally increasingly misapplied and misunderstood. As an exporter to the US, failing to use the best Incoterm can cost your company greatly; such as selecting an Incoterm to cover the transaction which does not specify which party is to obtain cargo insurance, not having the e..