On: October 5, 2020 By: David Noah
For many companies, export compliance is something that happens after a sale is made. That can be too late. In order for your company's compliance plan to work properly--and to ensure your sales team isn't wasting time and money--it's something they need to be aware of right from the start.
On: September 30, 2020 By: David Noah
The Census Bureau does more than count the population of the U.S. It also gathers import-export trade statistics with the help of your electronic export information (EEI), the data that most exporters need to submit through AESDirect on the Automated Commercial Environment (ACE) portal.
On: September 28, 2020 By: David Noah
Your company's export growth can be stunted by an unwillingness to monitor and update procedures, failure to scale for growth, and a lack of planning. These are common mistakes. Here are steps your company can follow to overcome these problem areas and ensure continued, profitable growth.
On: September 21, 2020 By: Catherine J. Petersen
Before you calculate your final selling price and negotiate a sales contract, you and your buyer must agree upon who is responsible for transporting the merchandise as it makes its international journey. Incoterms 2020 rules provide a framework for assigning these costs and associated risks.
On: September 16, 2020 By: David Noah
While you can’t eliminate the possibility of something going wrong in an export, there are specific steps you can take to identify potential risks, analyze and evaluate them, and take the proper precautions to minimize them. This article identifies seven steps for evaluating export risk.
On: September 8, 2020 By: Lisa Nemer
Every export shipment has to have them. The documentation required to export your goods out of the US, transport them to their destination, and clear customs in the country of import. The Shipping Solutions Getting Started video shows you how to quickly create accurate export paperwork.
On: September 2, 2020 By: David Noah
HS codes. HTS codes. Schedule B codes. It's important to properly classify your products for import and export. But product classification numbers can change. Do you know where to go for an update?
On: August 26, 2020 By: David Noah
While it’s possible for companies to manually do all the work required for import-export compliance, it’s difficult. Regulations, product classifications, and denied party lists change. Fortunately there's software that makes following good compliance procedures much easier to perform.
On: August 24, 2020 By: Catherine J. Petersen
While Schedule B codes used for U.S. exports are 10-digits long, only the first six digits are the same as in the country of import. Each country is allowed to add up to four additional digits to further delineate the product. So how many digits do I include on my commercial invoice?
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