How can customs management contribute to business success?
I’ve often heard it said “Our forwarder/agent looks after customs for us” or “We never get any problems with customs”. So what are the benefits in strong customs compliance and close customs duty management? Isn’t it just about shipping goods and customs clearance? Is there really anything to be done?
Does it seem dull and far removed from corporate business objectives and outcomes?
How does it all connect together? Read more below to discover the connection between customs management and increases in productivity, profit and underlying business economic value ……..
- First, doing these things:
dealing with customs problems previously put off
paying the lowest amount of customs duty
achieving customs process efficiencies
reducing customs errors
leveraging customs assets
evaluating customs risk
reviewing third party service levels
undertaking an internal customs review
developing customs knowledge and knowhow
- Leads on towards improved:
cost of sales
degree of service level assurance
visible management and mitigation of customs and trade risks
customs compliance assurance
stronger customs capabilities
- And this creates:
more business productivity
- Resulting in:
potential for higher salaries and dividends
increased shareholder/owner retained value
economic value added
corporate, commercial and regulatory reputation enhanced and maintained
Sound interesting? Interested? Contact us today…………