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Background
Industrial Products is a diverse sector
encompassing areas such as engineering and machinery, building
materials, glass and glass products, paper, pulp and packaging
and shipbuilding.
The manufacturing industry is entering
a new era—where networks and information provide more competitive
advantage than traditional manufacturing processes, and where flexibility
means more than efficiency. A globally competitive cost base, critical
mass in the market and the ability to supply added-value products
rather than commodity products are the three competencies that are
essential.
Customs and international trade issues
The impact of customs and international
trade procedures on any manufacturing
business involved in the international
movement of tangible goods across borders can be considerable. They
can affect:
- Whether goods can be traded
- The nature, content, specification, source,
origin, cost, selling price, and marketing of goods
- The terms on which they are sold and purchased
- The location of manufacturing operations
- The design of physical distribution facilities
and systems
- The international structure of companies.
Solutions to help you
succeed
The fundamental principles of our customs
and international trade planning services
are, therefore, to identify all potential
commercial transactions that may have
customs and international trade implications
and then to arrange those transactions
in such a way as to obtain the optimum
treatment under customs and international
trade regulations and practice.
Cost reduction: We can provide strategies
for effecting savings in the cost of
goods sold, a key element of costs for
many businesses. We adopt a holistic
approach to identify and quantify costs
hidden within the global supply chain,
focusing on three international trade
overheads: import duties and indirect
taxes, international trade processes
and global freight costs. Savings result from applying best
practice solutions in these areas, and using our vast experience
to manage the implementation of the most
appropriate cost reduction strategies.
Virtual warehousing: In respect of the
EC, we can simplify our clients’ cross-border trade by centralizing
their European customs warehousing using a pan-European customs
strategy. Potentially, this lets our client deal with only one national
EU customs authority, cuts red tape and saves costs while at the
same time creating an effective control mechanism for the whole
of Europe (including the ten new EU candidate member states). Benefits
include economies of scale in customs accounting overheads, the
opportunity to implement and maintain an EC-wide duty minimisation
strategy, and obtaining a consistent customs treatment for imports
into all member states of the EC.
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