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3 Epic Fails in Export Compliance

10/7/15 8:09 AM | David Noah | Export Compliance, Export Basics

Have you ever heard the saying, “Love isn’t a big thing; it’s a million little things”? It’s a pretty popular quote that appears on many home decorations, cards and internet memes.

As an exporter, my take is a little different—I think the line should read, “Export compliance isn’t a big thing; it’s a million little things.” And while it might not make for a lovely greeting card, it’s true—your export compliance responsibility isn’t a simple task.

Export compliance is a nuanced, complex process that requires exporters to be aware of the scores of ever-evolving government regulations and requirements. In an effort to make understanding and obeying export compliance regulations a little easier, here are three epic fails in export compliance you should avoid at all costs.

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Happy Birthday, Blog!

10/6/15 1:00 PM | Lisa Nemer | Shipping Solutions News & Tips

About a year ago I started writing these Shipping Solutions blog posts. Back then, in addition to being excited that I was now a blogger (all the cool people blog, right?), I was really excited to share all kinds of hints and tips with our Shipping Solutions customers.

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A Letter of Credit Is Not a Sales Contract

10/5/15 2:00 PM | Roy Becker | Letters of Credit

The Office of Supply of the Republic of Korea (OSROK) let out bids for the purchase of soybeans. Each bidder was required to post a “bid bond” equal to one percent of the bid.
A U.S. company entered a $30,000,000 bid, which required a bid bond of $300,000. The company sent its bid via telegram (required by OSROK) and asked its bank to issue a standby letter of credit for $300,000 instead of the bid bond.

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The Golden Rule of Export Compliance: Don't Let This Happen to You!

9/30/15 10:00 AM | David Noah | Export Compliance, Export Basics

Far too often we hear from exporters who say they’re not too worried about export compliance because their company is “too small to be noticed” or they “don’t ship items that will get them in trouble.”

This is a huge—and potentially incriminating—mistake.

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Shipping Solutions Export Software Shipment Details

9/29/15 1:00 PM | Lisa Nemer | Shipping Solutions News & Tips

Sometimes you use a software package every day, think you know everything there is to know about it, and then one day you see something you’ve never noticed before! That could be the case with the Shipment Details box located in the lower-right corner of the Shipping Solutions export software's EZ Start screen.

There are two buttons in the Shipment Details box: one gives you information and one gives you power.

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5 Steps for Staying Compliant with U.S. Sanctions against Russia

9/28/15 10:00 AM | Renee Roe | Export Compliance

Export compliance can be tricky. As David Noah mentioned in his blog post, Checking Lists Isn't Enough for Export Compliance, there’s no one single place you can reference to make sure you’re avoiding exporting to people or countries illegally. This is certainly the case with the U.S. sanctions against Russia for their actions against Ukraine.

Although the U.S. government has been regularly updating the Russia sanctions since 2014, and issuing advisories as recently as July, they have provided little guidance on exactly how industry is supposed to successfully meet the requirements of the sanctions.

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Important Changes Coming for AES Filing

9/22/15 1:00 PM | Lisa Nemer | Automated Export System (AES), Shipping Solutions News & Tips

“If nothing ever changed, there’d be no butterflies.”

“Change is inevitable, progress is optional.”

“Don’t make change too complicated, just begin.”

With these quotes about change in mind, it’s time to talk about the changes coming to the Automated Export System (AES) and the filing of your Electronic Export Information (EEI).

Starting in 2016 you will need to access AESDirect through the Automated Commercial Environment (ACE).

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8 Free Resources for Training Exporters

9/16/15 10:00 AM | David Noah | Export Basics, Training

Becoming an exporter is easier than ever, but doing it the right way is still hard. That’s why successful exporters understand just how important it is to train key members of their staff on various aspects of the process—from marketing and sales, to export compliance and regulations, to export documentation.

A quality training program is usually a great value that will pay off in spades, making you and your team better exporters (and keeping you out of jail). However, due to travel demands or schedules, it’s not always realistic to attend conferences or training sessions. In fact, some smaller companies may not even have a budget for training. That’s OK! You don’t have to spend big bucks to make sure your team is adequately trained. Here are eight free resources that will help you go from Accidental Exporter to Export Professional.

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Getting Started with Shipping Solutions Export Software

9/15/15 1:00 PM | Lisa Nemer | Shipping Solutions News & Tips

If you are brand new to Shipping Solutions you may be thinking, “How do I get started?” Well, we have several resources to help get up to speed with your new software.

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Export Marketing Strategies: To Adapt or Not to Adapt?

9/14/15 9:58 AM | Prema Nakra | Export Marketing, Export Strategies

Exporting is the most traditional and well-established form of market entry strategies. Simply stated, exporting refers to the marketing of goods produced in one country into another. While exporting requires no direct manufacturing in a foreign country, successful exporting warrants a need for significant investments in marketing-related initiatives. Done right it can be an expensive but lucrative proposition.

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