Global society, business and technology continues to evolve as new discoveries, new concepts, new ideas, new science, new space technologies and new products that are gradually improving the lives of all earth citizens. International trade and business have linked distant locations together and the world has become a smaller place with the aid of International airfreight, seafreight, courier and roadfreight logistic networks. Today, the modern world is governed by international trade regulations that have developed as a result of social, economic and political change in international locations.
International trade is heavily monitored by national customs authorities, whom monitor all import and export operations. Modern Technology systems including Warehouse Management Systems (WMS), Transport Management Systems (TMS), Customs Import & Export Management Systems (CMS) plus Enterprise Resources Planning Systems (ERP), all need to work together, helping your business to grow as they manage your orders, your inventory and your client deliveries and enhance your commercial reputations.
Whereas, Trade Compliance Systems comprising of denied party screening, export controls and licence management systems protects your business from the risk of financial penalties, imprisonment and the loss of export privileges. Logistics or business facilities can even be equipped with 3D printers, which can support micro manufacturing projects which can be used to create bespoke products for specific markets. Global systems will also benefit from new blockchain technologies, which are already emerging and supporting business infrastructure around the world.
International trade is heavily reliant on frictionless borders as delays can be costly for your business and reputation. New Customs processes such as the Authorised Economic Operations (AEO) and Customs Trade Partnership against Terrorism (C-TPATS ) are designed to help reduce shipment delays. International trade agreements are designed to remove the historic trade barriers between different global locations, but it’s the logistics , compliance, customs operations and technology systems, which link them all together and benefit your operation and your clients.
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