What do trade compliance managers do?
Over the past decade, Trade compliance professional jobs have undoubtedly increased all over the world. In each country and in company, these roles have been designed to address immediate needs…
Harmonized Tariff Code 2019?
The HTS or Harmonized Tariff Nomenclature is updated by the World Customs Organization every 5 to 6 years. This is not a mandatory review time frame. The latest version of…
Shipping EXW Incoterms 2020
EXW Incoterms 2020 : A Few Quick Points Ex Works (EXW) Incoterms can be used for all modes of transport and even when there are multiple modes of transport involved…
Shipping DAP Incoterms 2020
DAP Incoterms 2020 : A Few Quick Points Delivered At Place (DAP) Incoterms can be used for all modes of transport and even when there are multiple modes of transport…
Shipping CIF Incoterms 2020
CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms (or CIF Incoterms) can be used for sea transport, including inland waterway Risk transfers from seller…
Shipping FCA Incoterms 2020
FCA Incoterms 2020 : A Few Quick Points Free Carrier (FCA) Incoterms can be used for all modes of transport. Risk transfers from seller to buyer when the carrier collects…
Customs Invoice
One question that often comes up in supply chain operations is: “What is the invoice format required by Customs?” The Customs invoice is an important document used in any supply…
Shipping DPU Incoterms 2020
DPU Incoterms 2020 : A Few Quick Points Delivered at Place Unloaded (CIP) Incoterms can be used for all modes of transport and even when there are multiple modes of…
Shipping CPT Incoterms 2020
CPT Incoterms 2020 : A Few Quick Points Carriage Paid To (CPT) Incoterms can be used in any mode of transport. Risk transfers from seller to buyer when the cargo…
Shipping DDP Incoterms 2020
DDP Incoterms 2020 : A Few Quick Points Delivered Duty Paid (DDP) Incoterms works on any type of transport (air, land, rail, sea, etc.) DDP can also be used for…
5 Things Every Global Trade Manager Should Do
Up your compliance game in 2020 1. Invest in Self-Development Project Management Are you planning on implementing an internal audit program, converting a local site into an LRD or putting…
Cash In Advance
Cash in Advance: Why, Where & Who Uses It? Trade agreements between two parties often invoke the term "Cash in Advance". This refers to an advance payment that the buyer…
