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When Exporters Should Use the Incoterm Delivered Duty Paid (DDP)

Roy Becker | December 5, 2016 | Incoterms

At a recent workshop on Incoterms 2010, I prepared my usual outline, using the technique of ranking the Incoterms rules from least responsibility for the seller to most responsibility for the seller.

Initially, exporters like the term with least responsibility for them, Ex Works. In laymen's terms, the seller says, "The goods are at my back door, come and get them." As the workshop develops, exporters learn that the Ex Works rule has risks, such as the potential of a diverted shipment. (See my article, Incoterms Lesson: The Danger of Using Ex Works for Your Exports.)

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4 Reasons to Audit Your Company’s Export Procedures

David Noah | November 30, 2016 | Export Compliance

When’s the worst time to realize you don’t have a backup plan?

When you’re in the midst of a problem.

I recently spoke to an IT professional who was struggling to restore a new client's server after they had a massive data loss. Like many companies, they had created a backup plan for their company's data, but they never went through the process of restoring their backed-up data to make sure it worked properly. Unfortunately, they learned too late that it did not.

There’s a corollary to this for exporters: The worst time to be thinking about how to handle an audit is when an agent from the Office of Export Enforcement shows up at your door.

This year, make it different. Make it a priority to audit your company's export compliance procedures before an issue arises. Here’s what you need to know to get started.

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The Invoices Screen in Shipping Solutions Export Software—Part 1

Lisa Nemer | November 29, 2016 | Shipping Solutions News & Tips

This week I continue my exploration of the various data-entry screens in the Shipping Solutions export documentation and compliance software. By entering data into these screens, exporters can quickly and accurately complete more than two dozen standard export forms.

The next screen on my list is the Invoices-Proforma/Commerical screen on the EZ Start tab. When talking to people about Shipping Solutions, I tell them that the first four screens on the EZ Start tab are the most important. I covered the Contacts, Products and Carriers and Ports screens in previous posts. The fourth screen is the Invoices screen, and it’s important because every export shipment requires an invoice. But, it’s also important because the data on the Invoices screen appears on other documents as well.

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The Business Arguments for Investing in Import and Export Compliance

John Goodrich | November 28, 2016 | Export Compliance

As part of my business, I have the honor of leading a fair number of import and export regulatory compliance seminars. Some of my students have been rather vocal about the compliance issues they’ve experienced within their companies. As a seminar leader my job is to illuminate an issue and introduce tactical solutions the student’s company might consider implementing.

The common response to my suggestions is, “Yeah but.” (This rhymes with rabbit when spoken quickly.) “Yeah, but you don’t understand the situation at my company.” The discussion then continues with some reason why the company has not moved forward with an effective import/export compliance program.

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Filing Your Export Shipments through AES—Part 2

David Noah | November 21, 2016 | Automated Export System (AES)

If your company exports goods valued at more than $2,500 to anywhere other than Canada or goods that require an export license, Foreign Trade Regulations (FTR) require that you file your export information electronically through the Automated Export System (AES). The Census Bureau uses this information to calculate export statistics and shares it with U.S. Customs and Border Protection (CBP) to ensure compliance with U.S. export regulations.

In Part 1 of this two-part series of article, I discussed when the FTR requires that you file through AES and your options for filing. In this article I discuss the advantages of using a software program like Shipping Solutions to complete your AES filings.

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EAR: Challenges with Controlling Exports of Technology

Tracy A. Smith | November 18, 2016 | Export Regulations, Export Compliance

In this global economy and the age of outsourcing, it is more important than ever for compliance organizations to be vigilant in ensuring exports of controlled technology do not occur without the appropriate authorizations.

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How to Stay Current with Import-Export Product Classification Numbers

David Noah | November 16, 2016 | Export Basics

Recently, Lisa talked to someone who was having trouble with an AES filing. He kept getting an error and couldn’t figure out why—until he realized the Schedule B number he was using wasn’t current, so AES was rejecting the filing.

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Understanding the Carriers and Ports Screen in Shipping Solutions Export Software

Lisa Nemer | November 15, 2016 | Shipping Solutions News & Tips

In my continuing series on the various data-entry screens in Shipping Solutions export documentation and compliance software, today I explore the Carriers and Ports screen.

The fields on the Carriers and Ports screen are mainly used for AESDirect filing, but some of the data also appears on the Canada Customs Invoice, CARICOM Invoice, Commercial Invoice, Dock Receipt, Ocean Bill of Lading, Packing List, Proforma Invoice, and Shipper’s Letter of Instruction (SLI).

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Deemed Exports: Exporting Without Shipping a Product

Catherine J. Petersen | November 14, 2016 | Export Basics

Firms of all sizes are being encouraged to export their goods and services. If you’re new to the global marketplace or your firm is expanding into new markets, then it’s time to establish best practices in your organization.

The following is a list of best practices that exporters should follow for each export transaction:

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How to Set Up Your Company's International Distribution

Prema Nakra | November 11, 2016 | Export Marketing

Once you've zeroed in on new markets for your company's products, you must determine how you will sell and distribute your goods and services in those countries. Fortunately, we live in a global village where technological innovations have made the life of exporters easier by providing multiple ready-to-use global distribution options.

Global logistics options include service providers such as freight forwarders, air express outfits, ocean carriers, and overland transportation companies. These entities offer extremely reliable and fast service including tracking of shipment and overnight delivery promises.

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