Global Trade Management Solutions for Importers
While moving goods across borders is traditionally complex and costly, the increased risks associated with noncompliance are creating additional pressure for today’s importers. Successful importers utilize technology to better manage the movement of cargo, create accurate documentation and execute financial transactions. All multi-national trade processes – logistics, regulatory, financial – must be coordinated, and all supply chain partners must work in collaboration if goods are to reach their ultimate destination in a timely, secure and cost-effective manner.
Our Integrated Solution for Importers
Designed to address importers’ unique requirements, all import-related components and Internet services are integrated into one global solution for importers: ImporterQW. Our software simplifies and automates the entire import process, end-to-end. To further reduce data redundancy, the integrated global trade management solution for importers incorporates information-sharing capabilities with export, freight forwarding and warehousing components. From the time of commercial invoice initiation, processes are coordinated across trading partners to rapidly and securely import products from foreign countries. ImporterQW monitors and ensures compliance with local laws, takes advantage of preferential programs and advises users on anticipated costs and missing opportunities.
Import Trade Management
Automates critical import activities such as valuation including assists and royalties, global classifications, duty management, compliance verification, security screening, licensing, landed costs, customs clearance, multi-lingual documents generation, storage and distribution. Purchase order performance, broker control, vendor management and the all-inclusive database of pre-classified products are all integral parts of the solution.
Event Management & Analysis
Monitors movement of goods and information along the supply chain, generates warnings and forward-looking exception alerts as they occur in real-time via cellular phone, email or similar means. Focused event management reduces delays and ensures that shipments stay on track. A comprehensive analysis tool can be used to aggregate data and events and present customizable, Internet-accessible reports across the supply chain.
Global Trade Visibility
Provides a worldwide view of supply chain information – including legacy systems, ERP, WMS, trade and logistics applications. The view is configurable for various levels of security and access based on users, roles or enterprise, and is accessible via web-enabled tools such as smartphones and other portable devices.
The solution supports data collection capabilities from the points of origin and global data distribution to designated destinations, all without adding costly infrastructure. As soon as information becomes available, it is shared between exporters, carriers, freight forwarders, customs house brokers, agents and other collaborative partners.
Free Trade Agreements
Our FTA (Free Trade Agreement) module helps to qualify goods for preferential duty treatments, including analysis of Bills of Materials (BOMs). It manages supplier solicitations, generates corresponding certificates of origin, maintains audit trails and performs automatic verifications of trade documents such as commercial invoices and purchase orders.
Our Solution for Importers Helps Customers to:
- Minimize logistics costs, duties, fees and taxes.
- Ensure adherence to compliance regulations and reduce exposure to fines and penalties.
- Improve communication and collaboration between supply chain participants.
- Improve on-time delivery by reducing delays.
- Enhance ability to handle volumes during peak seasons efficiently.
- Enable intelligent sourcing decisions by calculating accurate landed costs.
- Reduce administrative and support costs by centralizing and sharing global transportation and trade data.
- Increase visibility of supply chain information.