According to AberdeenGroup research, 62% of businesses manage their customs compliance manually – using spreadsheets and entering data by hand to keep track of vital shipment and product information. This leads to a great deal of difficulty when importing and exporting, and can lead to unwanted results: delays in the supply chain, non-compliance penalties and fines, and, in cases of intentional disregard for the law, jail time.
Want some proof? Check out “10 Reasons Trade Compliance Programs Are Unnecessary” from the International Trade Law News blog. It goes over every excuse in the book not to implement trade compliance – and why these excuses don’t hold up.
Trade Compliance Resources
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Short from automating your customs compliance for you, I’d like to provide useful information, alerts for upcoming seminars and webinars, and global trade news here at Trade-Compliance.org.