This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
How Importers Maximize Duty Refunds with DGLs Fully Documented Drawback Reports Duties are a major cost for importers, but many businesses dont realize they can reclaim a portion of those fees through the duty drawback program. Customs, ensuring compliance and optimizing your claim for the highest possible refund.
From beer and wine shipments to frozen seafood and delicate confectionery, proper storage and transport solutions are necessary to prevent spoilage, ensure compliance, and maintain supply chain efficiency. Compliance failures can lead to spoiled goods, financial losses, or even legal consequences.
Cross-Border Trade & Customs Compliance International trade involves lengthy customs clearance, regulatory approvals, and documentation. Each country has different trade laws, making compliance a costly, time-consuming process. Solution: Integrating programmable compliance within smart contracts.
Staying on top of the ever-changing omnichannel service options and keeping track of supply chain documents and freight documents remains vital for continued growth and success within competitive markets. Supplies big and small and all logistical teams and supply chain management teams can suffer from poor document management.
Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.
The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. At SAP their solution is developed by their governance risk and compliance team.
Bad data and inefficient workflows create friction that limits working capital and raises costs for every supply chain stakeholder.Loop’s modern audit and pay platform uses our domain-driven AI to harness the complexity of supply chain data and documentation. That is why industry leaders like J.P.
Changes in the Mexican government’s regulations for bills of materials and shipment documentation are poised to take effect January 1, 2023. I interviewed Josefina Blanco, Legal and Compliance Lead at … Continue reading → The changes are substantial, and require much more data collection.
Meanwhile, Europe accelerates its hydrogen transition, digital product passports gain traction for compliance, and a high-stakes egg heist underscores the fragility of food supply chains. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
Trade Compliance also Applies to Shipments within a Nation’s Borders. I recently completed a study of the Global Trade Compliance software market. I managed to speak to two executives a multinational global conglomerate about their approach to trade compliance. Trade compliance is core to brand protection.
Despite being enforced since 1930, compliance with forced labor laws and regulations are still an ongoing problem. Importers must understand their responsibilities related to vetting suppliers for forced labor or face potential penalties for non-compliance. Retention of identity documents. Innovation and Competition Act (S.
The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Traceability & Trade Compliance. The only way to take control of your future is to double down on quality.
Meanwhile, Europe accelerates its hydrogen transition, digital product passports gain traction for compliance, and a high-stakes egg heist underscores the fragility of food supply chains. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
In this article, we explore Carrier Onboarding and Compliance tools as a core piece of every digital freight brokerage’s operations. Carrier Onboarding and Safety Compliance software is designed to help freight brokerages automate compliance procedures and easily onboard carriers. Why Do You Need Carrier Onboarding Software?
In this article, we explore Carrier Onboarding and Compliance tools as a core piece of every digital freight brokerage’s operations. Carrier Onboarding and Safety Compliance software is designed to help freight brokerages automate compliance procedures and easily onboard carriers. Why Do You Need Carrier Onboarding Software?
In this article, we explore Carrier Onboarding and Compliance tools as a core piece of every digital freight brokerage’s operations. Carrier Onboarding and Safety Compliance software is designed to help freight brokerages automate compliance procedures and easily onboard carriers. Why Do You Need Carrier Onboarding Software?
Document Complexity. The complexity of documents varies widely depending on the industry. For example, agricultural imports require a more thorough set of documents detailing the quality of the products. The post Importance of Having Your Importation Documents in Order appeared first on Dedola Global Logistics.
During this period, enforcement officials conduct thorough inspections of commercial vehicles across North America to ensure compliance with safety regulations. Additionally, there will be heightened scrutiny on drivers’ compliance with regulations related to alcohol and controlled substance possession. Query in the U.S.
Both documents are crucial for ensuring the accuracy and legality of a shipment, and they provide valuable insight into the financial and operational aspects of your logistics process. These charges should be documented and included in both the bill of lading and freight invoice to ensure transparency and accurate billing.
WMS, TMS, documentation. Real time monitoring and alerts for non-compliance. Identify potential hazards / risks – Document every potential risk to food safety. Documentation. The food safety plan is a living document that should be updated on a regular basis. There are no short cut in FSMA compliance.
Compliance with Regulatory Requirements The Issue: Keeping up with changing international regulations, customs procedures, and environmental guidelines is difficult. Non-compliance can result in delays, fines, and damage to your business’s reputation.
These updates are not just about compliance; they are strategic imperatives for maintaining the resilience and success of international trade operations in a changing regulatory environment.
This responsibility goes beyond mere compliance; its about protecting your workforce and ensuring that your operations run smoothly. Maintaining complete inspection records is importantnot only for OSHA compliance but also for tracking maintenance trends and ensuring workplace safety. Wisconsin's Material Handling Experts.
3PLs often ask drivers to download a tracking app to their phone, but compliance is a problem. Since documents must sometimes be scanned and emailed, there are delays and errors. Additionally, drivers using the Convoy app must provide the documentation to close out the shipment and get QuickPay.
FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability.
ATLANTA, August 17, 2023 — Stord , the Cloud Supply Chain leader, is pleased to announce that it has expanded its System and Organization Controls (SOC 2) compliance, marking a significant milestone for the company. SOC 2 is a voluntary compliance standard for service organizations that specifies how organizations should manage customer data.
To protect your business and ensure that you are able to continue doing what you’re best at, it’s important to familiarize yourself with the compliance regulations that apply to your business and take steps to ensure that your business practices are keeping with those regulations. Employee Safety Compliance. Pest Control.
Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. Let’s take a closer look at some of the most common areas of interest in transportation contract management and contract compliance. Most of those items are mentioned below.
From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. Compliance with regulatory bodies such as the U.S.
While this can vary somewhat widely based on the specifics of whats being transported and the particular countries, states, or provinces involved, this can put last-mile delivery companies at the mercy of strict import/export laws, licensing requirements and compliance checks, often creating bottlenecks at customs.
Compliance with routing guides can reduce costs like processing damaged products and saves time when the operations staff doesn’t have to figure out a shipment with missing documents.” These may also require electronic documentation, also known as eBOL and ePOD. The routing guide shows what will happen when failures occur.
Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. Apparently, retail compliance programs will soon be used by even small retailers, so it’s crucial to understand the goal of supplier management and how it works.
This includes how they must be classified, packed, marked, labelled and documented – as well as the dangerous goods training which must be completed by the people packing and sending them. And to make matters worse, CEOs and other high-level executives don’t fully appreciate the strategic importance and value of dangerous goods compliance.
To ensure compliance, brands must undergo a rigorous third party audit of every location. The audits of Stord’s locations in Atlanta , GA; North Haven, CT; Reno, NV; and Las Vegas, NV consisted of reviewing all documentation, policies and procedures around real-world scenarios, as well as the training and quality safety measures in effect.
Global eTrade Services (GeTS), a global trade platform company, announced the onboarding of GEODIS Regional HQ — Asia Pacific (GEODIS), a global supply chain operator on CALISTA , a platform that enables the orchestration of logistics, compliance and financial activities seamlessly, securely and smartly.
Documentation fees. Challenge #3: The Complexities of Compliance. Compliance with all these requirements and managing the associated documentation has always presented something of a minefield, and a significant hurdle for SMEs engaged in international trade. A Multitude of Cost Components. Export fees.
Avetta, a provider of supply chain risk management software, announced a partnership with DocuSign to offer legal risk compliance with its eSignature service, giving suppliers the ability to digitally and remotely sign documents.
We outline the characteristics you should look for when evaluating which modern technology to invest in that will make your workflows more efficient, enable you to maintain compliance, and streamline your operating practices. Arrangements with customs brokers and automated customs export documentation. Saving You Money.
Depending on the ship’s route, they check that all shipments remain in compliance with national or international health and safety regulations to guard against problems like the spread of infectious disease. Recommend procedures to correct compliance issues. Take photos and document findings to produce a report.
These numbers clearly indicate that ICE takes worksite enforcement very seriously and companies should prioritize a commitment to compliance,” says Dawn M. The agency also pursues an outreach effort called the ICE Mutual Agreement between Government and Employers, or IMAGE program, to instill a culture of compliance and accountability.
How do supply chain and regional trade managers navigate documentation, compliance and risk exposure amid the chaos? Disruptions from COVID-19, political instability, regulatory and tax uncertainty, recurring climate-related events and more, all require sudden and dramatic reconfiguring of sourcing, production and supplier networks.
FMC is expected to monitor the compliance of the parties to the agreement to ensure that none of the provisions of the Shipping Act in terms of competition activities is violated. CMA CGM, Maersk, Hapag Lloyd, MSC and ONE were Parties to the Agreement and IBM and Maersk GTD Inc were Platform Providers.
A full-service freight forwarder not only advises clients on logistics-related expenses but also navigates the complexities of global shipping, ensuring compliance with international regulations. This includes optimizing packaging, ensuring compliance with destination requirements, and preparing accurate documentation to avoid delays.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content