On: February 14, 2022 By: Dr. Cheryl McCloud
A growing number of importers, exporters and transport companies are using e-auctions to find the most competitive prices for goods and services. E-auctions use internet-based technology to help select suppliers based on price alone or on other criteria that are important to the buyer.
On: January 5, 2022 By: David Noah
On Jan. 1, 2022, the World Customs Organization updated the Harmonized System (HS) codes used throughout the world for importing and exporting. Those changes also impact U.S. HTS codes for imports and Schedule B codes for exports. Here’s what you need to know to ensure you're still correctly classifying your products.
On: December 13, 2021 By: Dr. Cheryl McCloud
Sourcing is one of the first steps in the supply chain, and it's an important one—it impacts every other aspect of your supply chain. Learn about what's included in the sourcing process and how, when done effectively, it can benefit the entire shipping process and your bottom line.
On: November 3, 2021 By: David Noah
Importers and exporters must properly identify and label the country of origin of their goods. It's used by customs authorities to identify duty rates, preferential trade agreements, trade sanctions and import quotas that may apply. Labels on goods also allow users to know their origin.
On: June 23, 2021 By: Dr. Cheryl McCloud
Supply chain visibility—the ability to see and know what's happening at all stages of your company's supply chain—helps businesses avoid risk and sets them up for growth and success. We share five things you can do to build a reliable supply chain, so your company is prepared to handle disruptions.
On: June 2, 2021 By: Helen Mann
To wrap up World Trade Month, we've compiled 31 facts about world trade, one for each day in May. They demonstrate just how tumultuous the last year has been for importers and exporters.
On: April 21, 2021 By: David Noah
International trade compliance includes the rules, regulations and best practices for importing and exporting. We look at why it matters, how to set up an effective trade compliance program and ways to simplify what can be a complicated process—without sacrificing accuracy or compliance.
On: February 3, 2021 By: David Noah
To be a successful exporter, you need a solid understanding of the entire international shipping and logistics process. Here are four important considerations, related to the back end of the export process, that new exporters must consider as they begin their journey in international trade.
On: January 20, 2021 By: David Noah
Feeling overwhelmed by product classification? This article (and free webinar) walks you through correctly classifying products for import and export: Learn how to navigate the Harmonized System (HS), the seven best practices for classifying products and the differences between HTS and Schedule B.
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