On: September 20, 2021 By: Matthew Silverman
A strong trade compliance program provides added financial value for your company, but its success is much harder to quantify than say your sales team bringing in a new deal. We share ways for trade compliance teams to measure their contributions and proactive steps they can take to develop new business opportunities.
On: September 15, 2021 By: David Noah
Under the Incoterms 2020 rules, Free On Board (FOB) means the seller has fulfilled its obligation when the goods are loaded on the vessel nominated by the buyer. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: September 13, 2021 By: Alberto Rodriguez-Baez
An International Distribution Prospectus (IDP) is an important tool in the search for international distributors who will deliver results. We explain the benefits, how to create one and share real examples that you can use to guide the process at your company.
On: September 1, 2021 By: Dr. Cheryl McCloud
Chaos Theory says that small disturbances can have big consequences, and this is definitely true within the supply chain. To be successful, especially during a time when chaos in the supply chain is common, supply chain managers must build in flexibility and avoid overreaction.
On: August 18, 2021 By: David Noah
Before you export, you need to properly classify your goods via the Schedule B or Harmonized Tariff Codes of the United States (HTSUS). Providing the wrong classification could lead to fines and other penalties and result in your customer paying more than they should for importing your goods.
On: August 11, 2021 By: David Noah
The export declaration form, also known as the Shipper’s Export Declaration or SED, needs to be avoided. It's an obsolete export document that doesn't include all the information required for filing through AESDirect, and it leaves you vulnerable to errors. Here’s what to do instead.
On: August 9, 2021 By: Arnesh Roy
Confused about 600 series ECCNs? You're not alone! Items included in the 600 series previously appeared on the USML but were transferred to the EAR to loosen restrictions and make it easier to export these items to NATO countries. Here's what you need to know to ensure your products are correctly classified.
On: August 4, 2021 By: David Noah
Under the Incoterms 2020 rules, Free Alongside Ship (FAS) means the seller has fulfilled its obligation when the goods are made available alongside the ship. This term should only be used for sea and inland waterway transport and usually only for non-containerized bulk cargo, such as oil or grain.
On: July 28, 2021 By: David Noah
Do you really need a trade compliance certification to be a professional exporter? I share my thoughts—and six other aspects of export compliance that companies should instead (or also) consider.
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