K3 Retail and AGR talk trade and tax changes at supply chain hotspots event

April 29, 2015 - PRLog -- Supply chain specialist and Microsoft Gold Certified ISV Partner, AGR and retail technology provider K3 Retail are hosting a series of half day seminars during May 2015 focussing on the implications of international trade and tax changes effective from May 2016 and the importance of the associated EU Authorised Economic Operator (AEO) accreditation programme.

The trade and tax changes, to be introduced as part of the November 2014 revisions to the European Union (EU) Customs Code regulations, are relevant to all UK companies that import and export outside the EU. These changes particularly apply to UK companies that are not accredited Authorised Economic Operators. The AEO scheme was introduced in 2008 in response to increasing threats to international supply chains from terrorism, organised crime and counterfeit goods, and is administered by HM Customs in the UK.

Melissa Cupis, managing director of AGR in the UK, explained the reason for the events, “Awareness of the AEO accreditation scheme, and the associated impending changes, has been low amongst UK companies in comparison to other European countries. With only 12 months to go it is important that those importing and exporting outside the EU recognise the potential financial penalties and supply disruption of not being AEO accredited.  There are many attractive benefits resulting from accreditation and companies need to act now to maximise the competitive advantage of what can be a relatively straightforward process to become an Authorised Economic Operator.”

The regional events are planned for Manchester on 13 May, Birmingham on 14 May and at Microsoft’s offices in London on Wednesday 20 May 2015.  Speakers include the Trade and Customs Compliance Manager of Marks & Spencer, representatives from HM Revenue and Customs and Pathfinders, strategic change and risk/resilience specialists in supply chain, procurement and IT.

Russell Dorset, Group Managing Director at K3 Retail said, “International supply chain security is a top priority for retailers worldwide with a continuous threat from counterfeit goods and terrorism. Technology is a vital part of maintaining security and by achieving AEO status UK retailers will also gain an internationally recognised quality mark to help speed their imports and exports in a secure supply chain.  Attending one of these events is the perfect place to start preparations in time for 2016 – time is running out.”

For further information and to register visit http://www.retailblogger.com/events

ENDS

About K3 Retail

K3 Retail partners with businesses to provide connected technologies which ensure retailers reach their goals now and in the future.  We intelligently apply our technology to make retailers’ lives easier, businesses more successful and to meet customer demands.

K3 Retail provides cutting edge technology and support to more than 400+ national and international retail brands.  Labels that range from Charles Tyrwhitt and The White Company to Ryman to Hobbycraft and Ted Baker are able to pursue their business goals and the expertise of K3 Retail in delivering the new possible.  Part of the K3 Business Technology Group, K3 Retail is a Microsoft Gold Certified Partner and the UK’s number one Microsoft Dynamics partner.   For more information visit www.k3retail.com

About AGR

AGR is a demand and supply chain planning specialist company offering software and consultancy solutions that optimise the flow of goods throughout the supply chain for distribution, retail and manufacturing companies.  AGR’s main expertise is in the field of inventory planning, offering an inventory planning and optimisation solution.

AGR offer a suite of modules, embedded into Microsoft Dynamics AX and NAV that cover demand and supply planning, forecasting and inventory optimisation.  With improved supply chain planning and executive process comes the benefit of balancing key availability with least amount of inventory, reducing lost sales and replacing time-consuming manual processes.

AGR’s interest in the new Custom changes and Authorised Economic Operator scheme comes from its core principle of balancing availability and cost.  For more information visit www.agrinventory.com

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