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Documents related to » tariffs


Managing Global Trade Flows
In global trade, the flow of information must support the tracking and management of the goods to enable the secure and compliant entry and exit to and from countries for the correct funds to flow to eligible business and trading partners.

TARIFFS: risks. Where imports attract tariffs or duties, items purchased from overseas may turn out to be more expensive if, for example, the wrong tariff code is applied. Importers can pay more than necessary if the paperwork omits mention of any one of dozens of preferential programs under which tariffs are cut, or waived altogether, owing to a slew of free trade agreements. Moreover, even more expensively, tariffs for some goods vary throughout the year, as low-tariff special quotas expire, with the end
6/16/2005

Will 2005 Validate Global Trade Management and Unify Financial and Physical Supply Chains?
The Internet opened the door for global trade. As the global trade management (GTM) space continues consolidating, market leadership belongs to companies that understand, to truly improve global trade, one must be able to manage both the physical and financial supply chains.

TARIFFS: account for factors like tariffs and duties, country-to-country preferences, and anti-dumping laws, with the danger of incurring hidden costs at every step. If that is not complex enough, the events of September 11, 2001 have increased the scrutiny countries place on global trade, which also impacts costs adversely. According to the Brookings Institution , the cost of slowing the delivery of imported goods by just one day because of additional security checks may amount to $7 billion (USD) per year.
6/14/2005

Creating Value From Global Commerce Management People, Process and Enablers
Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004,

TARIFFS: trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global commerce management (GCM) is what is required by companies to win in this tougher, more competitive environment. Creating Value From Global
5/25/2005 10:37:00 AM

International Trade Logistics Challenge Automated Global E-Trading
The Internet has enabled a networked world, a communication infrastructure, and emerging enterprise applications, which have opened the door for international trade in earnest. But not many applications really offer multi-enterprise services and software to automate the transportation and Internet-based logistics management needs of a global trading network.

TARIFFS: internationally, including customs management, tariffs, transportation, cost of goods, etc.), although there have been a number of Internet-based logistics tools that are helping companies analyze and reduce costs by automating the processes of booking shipments, keeping customers informed, and making sure goods arrive on time. On top of all this, the dreadful terror attacks of fateful 9/11 made it excruciatingly clear that companies that manage international supply chains confront additional risks.
9/11/2004

Who’s Who? Sorting Out the e-Logistics PlayersPart 1: The Situation
Sure, you’ve sold it, but now you have to ship and deliver it: E-commerce comes to transportation and logistics. This article outlines some of the latest developments in this fast-moving field, and provides some background and context to help companies better understand the alternatives available to them today.

TARIFFS: with a variety of tariffs and discounts that vary by distance, weight, type of product, level of priority, need for specialty services such as unpacking or set up at the destination, and related factors. For small companies shipping products in less-than-truckload amounts, for example, pricing has used a National Motor Freight Classification system that includes over 10,000 different product codes and classifications - and has spawned an entire industry devoted to auditing the compliance of shippers with
10/31/2002

Global Trade Applications in Global Credit Crunch – Part II » The TEC Blog
form of increases in tariffs and duties. But, and here is the key, all this is CHANGE, and the more CHANGES you have, the more companies are going to need what we offer, i.e., a rule-based system that is dynamic and capable of coping with change.  If we see this type of scenario unfolding, we would do good to reach out to our installed base and help them deal with it. So far as the “green” side goes, I am not so optimistic.  When it comes to jobs vs. trees, green is going to be harder to sell. 

TARIFFS: ERP, free trade agreements, global trade management, gtm, precision software, QAD, sap gts, tradebeam, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
12-01-2009

Unifying Global Trade Management: Challenges and User Recommendations
GTM software should be able to gather information and feed it back into the parent company, creating visibility into what remote divisions are doing and how they are doing it. Software providers must strike the right balance between global consistency and special local needs.

TARIFFS: database of trade regulations, tariffs, and duties from more than twenty-five countries, heads-off potential problems at border-crossing by letting user companies correct inaccuracies in shipping documents before goods reach the border. The system also lets companies track shipments by multiple reference numbers in a single lead of cargo, providing much greater visibility into shipment status. This visibility into individual shipments (via pre-inspection of purchase orders) also makes it possible for the
6/20/2005

Is One Country Good Enough to Handle Your Outsourcing Business? » The TEC Blog
risks: regulations (e.g. import/export tariffs, taxes, and employee compensation requirements) that will impact your vendors’ business costs and as a result, your cost Economic risks: such as exchange rates, employment levels, and vendor domestic market demands that will influence vendors’ pricing policies Societal and political risks: caused by political events, strikes, and culture shifts that will directly or indirectly change your vendors’ ability to provide service. The vendor-specific risks

TARIFFS: outsourcing, risk management, vendor portfolio, TEC, Technology Evaluation, Technology Evaluation Centers, Technology Evaluation Centers Inc., blog, analyst, enterprise software, decision support.
24-11-2008

Global Trade Regulatory Software: Vendor Obstacles and User Recommendations
The acquisition of Vastera by JPMorgan Chase indicates that finance in GTM is just as important as the physical movement of goods. However, there are still a number of issues that need to be reconciled or at least addressed

TARIFFS: coding, customs clearance, duties, tariffs and taxes. JPMorgan Chase will thus have to continue its pursuit of solutions to round out a complete GTM product portfolio. It will then reach a breeze to navigate international trading channels to place orders, send and receive shipments and settle bills anywhere in the world. Competitive Landscape The market where all GTM vendors operates is characterized by early adopters. The market is competitive, rapidly evolving, and highly fragmented. One should only
5/12/2005

Finding Opportunity in Rising Fuel Costs: Strategies for Industrial Equipment Companies
Finding Opportunity in Rising Fuel Costs: Strategies for Industrial Equipment Companies. Maximize your profits when fuel costs increase. The rising price of fuel has set in motion a series of more profound changes for both consumers and industry. But those companies that take comfort from the recent easing of fuel prices and whose management actions go no further than attempts to mitigate the immediate impact of fuel price increases will end up at a serious disadvantage in the market. Find out how your company can find opportunity in changing fuel markets.

TARIFFS: same way as import tariffs. They can act as a brake on globalization-especially if the long-term trend is for continuing fuel price increases. Some experts suggest that current fuel prices equate to an import tariff on Asian goods of around 9-10 percent. In some cases, outsourcing and off-shoring decisions have been reversed and some production jobs have been repatriated. The essential point is that the economics of make or buy decisions have been fundamentally altered. Being closer to suppliers and cus
3/11/2010 10:45:00 AM

International Trade or ITL Adoption
Globalization of the Supply Chain means adoption of ITL is not an option.

TARIFFS: receipt. Customs duties and tariffs, as well as associated rates of exchange and transportation costs should be available to accurately calculate total cost of goods. This requires a data model and integration at the product and item level between the ITL system and the order management, warehouse management, and transportation systems. Much rides on the selection of an ITL system, so all of these issues and requirements should be taken into account. The importance of ITL systems will only continue to inc
12/9/2003


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