QUESTIONS?
Arnesh Roy
|
October 17, 2018
|
Export Compliance
Does my product require an export license? That's a question you should ask before every export.
In order to find the answer, you first need to answer two preliminary questions:
Arnesh Roy
|
July 11, 2018
|
Export Basics,
Export Forms
If you have multiple people responsible for various aspects of your company's exports, it's important that everyone is on the same page when it comes to export compliance, procedures and documentation. Unfortunately, I talk with too many people who admit that their company lacks a formal set of export procedures.
Without a formal set of procedures—what many companies call an Export Management and Compliance Program—your company is at an increased risk of shipping delays, problems getting paid, and significant financial penalties for export compliance violations.
Arnesh Roy
|
June 18, 2018
|
Automated Export System (AES),
Export Basics
You just bought a car from a U.S. dealership and want to sell it to a foreign buyer in Canada. You’re vaguely aware of a rule stating that exporting used vehicles out of the U.S. requires specific documentation. But this is just something you’re putting up on Craig’s List. And you just bought the car, so of course it’s not used—right?
This is where things get tricky. When it comes to U.S. export regulations, what is considered a used vehicle is broader than you might expect.
According to Customs and Border Protection (CBP), a used vehicle is defined as “any self-propelled vehicle the equitable or legal title to which has been transferred by a manufacturer, distributor, or dealer to an ultimate purchaser.”
Arnesh Roy
|
June 6, 2018
|
Export Basics,
Export Forms
When I talk with exporters, I'm amazed at how many people are using outdated versions of export forms or are unaware of changes to regulations that directly impact their international shipments.
Too many companies rely on the same templates and rules that they were using 10 years ago. It's a recipe for disaster.
Fortunately, there's a better way.
Arnesh Roy
|
May 14, 2018
|
Import Basics,
Export Basics
In an increasingly globalized world, international organizations play an important role in importing and exporting. Their functions include maintaining standards to ensure safety, helping developing countries achieve economic security, and establishing norms regarding how countries make trade agreements and resolve conflicts.
Whether you’re new to international trade or a seasoned veteran, understanding the part that these organizations play is key to clear communication and compliance with both import and export regulations.
Arnesh Roy
|
May 2, 2018
|
Export Basics,
Export Forms
Nothing slows down your export shipments, or worse yet, getting paid for your export shipments, more than mistakes on your documents.
Inconsistencies between documents, incorrect shipment payment terms, improper product classifications, or many other potential errors can occur when each of the export documents are created manually.
Fortunately, there's a better way.
Arnesh Roy
|
April 16, 2018
|
Export Basics
Shipping products seems simple, right? You simply package the product and send it to your customer. But did you know there are different types of shipment?
Depending on the size of your shipment, it may be considered parcel, less-than-load (LTL), or a full truckload (FTL) shipment. Your shipment may be too small for certain carriers, or conversely, if you have a large shipment, you may have to rely on a carrier certified to be able to ship large containers. There are also unique considerations depending on the mode of transport—whether you’re shipping via air, sea, road, or rail.
The wide variety of terms that relate to the process of moving goods through a supply chain can seem overwhelming. But understanding the different types of shipment and related terms is crucial to ensure your goods get shipped on-time, within compliance, and in good shape.
Arnesh Roy
|
April 4, 2018
|
Export Basics,
Export Forms
If you want to be a successful exporter, there are many important things you need to do for every export shipment. Creating accurate export documents is just one task among many.
Yet many companies waste an extraordinary amount of time manually creating their export forms.
Arnesh Roy
|
February 28, 2018
|
Export Basics,
Export Forms
Exporting companies that do not have an export documentation and compliance software in place often have a rather haphazard procedure for creating their export documents.
They may use Word or Excel templates, which entails typing the same data over and over and doing a lot of copying and pasting. Or they may have a specific software program for each of the export forms they need to create. This makes for a rather disorganized, inconsistent and potentially unreliable process.
Arnesh Roy
|
February 12, 2018
|
Export Basics
Before companies get started shipping internationally, they likely have some experience shipping domestically. But exporters should beware, as there are unique considerations to te into account when making an export shipment that don’t apply to domestic shipments.
Additional paperwork, modifications to some of the documents, compliance with U.S. export regulations, and compliance with the requirements of the customs authority of the country of import are all factors unique to exporting.
Today’s article discusses the major differences between export shipments and domestic shipments, and what new exporters should keep in mind before they start selling products overseas.