EDEN, Utah – Jan 25, 2012– Sister companies CUSTOMS Info and Global Data Mining LLC (CiGDM) today announced a free, 30-minute webinar on how to successfully respond to WCO 2012 HS reform.
When: Available online 24/7
Where: Online. Free registration and access to webinar available at https://www1.gotomeeting.com/
Who: Matt Gersper, president and founder, Global Data Mining, co-owner, CUSTOMS Info
What: Free webinar and background materials covering CiGDM’s Supply Chain Cost Audit™ – rigorous analysis of a company’s U.S. import data enables its leaders to conduct a comprehensive assessment identifying critical areas of financial opportunity.
Supporting Resources: http://www.gdmllc.com/
Improper tariff classifications and custom’s documentation can cause shipments to be delayed at the border. It is expected HS 2012 will create more detained shipments and supply chain interruptions compared to the last reform of 2007 for three reasons:
1. Trade volume has nearly doubled in the past five years
2. Computer automation is far more prevalent today compared to 2007
3. Government regulations and oversight enforcement have increased dramatically
Government agencies across the world, particularly in the United States and Europe, have instituted more trade laws in the past 10 years than they have in the preceding hundred
CUSTOMS Info website: http://www.customsinfo.com
Global Data Mining website: http://www.gdmllc.com
“This Reform will impact an enormous amount of business data, systems and processes, and strain already limited global trade resources. It includes more than 200 amendments that trigger a massive chain reaction of country level amendments that trigger an even more massive chain reaction of changes to enterprise‐wide business systems. If not managed successfully, it will derail supply chains, and threaten 2012 profit.” said Matt Gersper, president and founder of Global Data Mining and co-owner of CUSTOMS Info.
CUSTOMS Info (Ci) and its sister company Global Data Mining (GDM) help businesses optimize global trade management (GTM) systems and streamline global trade automation. Ci provides the world’s most comprehensive trade data repository delivered via web-based subscription, API web services or as data to populate any GTM or Landed Cost application. Ci is the largest provider of duty and tax content for international e-commerce with hundreds of e-commerce sites utilizing our data to provide accurate landed cost information. Our data and services provide faster deliveries and fewer border delays. GDM helps multi-national companies increase the informational value of trade data and the productivity of global trade staff to reduce operating costs, improve customs compliance, accelerate supply chain speed and maximize the return on investment of this corporate function. Areas of expertise include customs classification research, customs auditing and trade data analytics/business intelligence.
Working in conjunction with GTM applications, Global Data Mining and CUSTOMS Info’s strategic partners include SAP, Oracle, MIC, Kewill, Arigo, and others. Please visit http://www.gdmllc.com or http://www.customsinfo.com. Follow Customs Info’s RSS feed at http://www.customsinfo.com/
# # #
CUSTOMS Info (Ci) and its sister company Global Data Mining (GDM) help businesses optimize global trade management (GTM) systems and streamline global trade automation.