Managing complicated import, export, and customs processes while complying with international regulations can be time-consuming, labour intensive and very costly when businesses get it wrong. That’s why so many companies are turning to outsource partners, like ICS Global Services Limited, as they explore the possibilities for outsourcing their import, export, and trade compliance activities.
Outsourcing your import and export activities will help to reduce your operational costs, allow your business to focus on its core competencies, meet customer demands more effectively, provide greater flexibility, and reduce labour costs.
Outsourcing is the allocation of import and export business processes to a specialist external service provider, such as ICS Global Services Limited. Outsourcing has become increasingly popular over the last few years as companies grow and their import and export activities become more complicated. The shortage of necessary import and export expertise within the current employment market means that outsourcing is a viable resource solution.
It is a strategic decision for many companies to outsource their import and export activities to reduce costs and increase efficiency, provide services, or handle international operations that were previously done by employees without the necessary skills.
In some cases, there are temporary import and export process requirements, and the company may not plan to hire an in-house specialist to perform the tasks.
Outsourcing is a popular way for companies to lower international operational costs and streamline operations while concentrating on the company’s core competencies rather than supporting complicated import and export activities.
As a third-party provider, I provide the expertise to manage agreed-upon outsourced tasks and provide benefits for your company. There are many reasons why your business may choose to outsource international trade, trade compliance, and import and export processes. For example, some of the recognised benefits of outsourcing include:
My outsourced service will provide ‘back office’ management of all your import and export shipments. This will include:
Managing import, export and shipping documentation to meet the regulations of the countries involved. Having the correct documentation is vital when importing or exporting, as inappropriate or overlooked documentation can lead to shipping delays, increased costs and business risks, such as cancelled international commercial activities.
Management of the end-to-end supply chain to ensure the efficient flow of products from your suppliers to your end customers. This will involve actively managing imports and exports across international borders, while maximising customer value and gaining a competitive advantage within the marketplace.
Management of your freight forwarders to arrange shipment of your goods via a wide assortment of shipping and logistics solutions, which will optimise and improve your international supply chains, giving you a competitive advantage.
Management of your international movements of goods to ensure full compliance with laws and regulations of the countries you are trading with to avoid the financial consequences of non-compliance.
Managing the classification of the goods to determine the correct customs duties and taxes payable. The classification will assist in identifying what your product is for customs clearance purposes, so that correct duties and taxes can be charged, preferential trade agreements can be applied, and import or export restrictions can be identified.
Management of the customs clearance process with clearance agents to ensure compliance with customs rules and laws, ensuring that correct and accurate documentation is presented, while confirming your products are cleared without incurring unnecessary costs.
I can help you gain the import and export edge you need to take your company to the next level. Please complete this form, and I will get back to you.