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Have you Explored the Business Implications of Import Bans?

Logility

In response to importers’ requests for transparency regarding the documentation required to secure the release of goods, on February 12, 2021, CBP issued answers to frequently asked questions covering topics like detention of shipments, proof of admissibility, certificate of origin, and due diligence. Importers Call for Clarity.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

The abstract notes that the research paper “ documents that shifts in the pattern of U.S. Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. import share in auto parts, glass, iron and steel products.

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Five-Year Study Showcases the Benefits of US Foreign-Trade Zones

QAD

The document is daunting, with over 300 pages, but this article will cover key findings and offer advice for those considering establishing an FTZ. Importing a vacuum motor from Vietnam would incur a 5.3% Key Findings From the US FTZ Program Study 1. For many products, this can result in significant savings. Take vacuums, for instance.

Study 86
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Unethical Sourcing Practices in Procurement and How to Avoid Them

EC Sourcing Group

Also, in 2016, Nike’s ties with Georgetown University were affected when reports of extremely poor working conditions were reported from a Nike factory in Ho Chi Minh, Vietnam. A supplier’s documentation may look questionable or is completely absent. This is usually an attempt to undercut other suppliers.

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8-Step Importing Guide For First Timers

EMERGE App

For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. The supplier uses this document to record the sale and confirm their acceptance of the order. Typical Customs Documents. They include the following documents at a minimum: Invoice. Value of goods.

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8-Step Importing Guide For First Timers

EMERGE App

For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. The supplier uses this document to record the sale and confirm their acceptance of the order. Typical Customs Documents. They include the following documents at a minimum: Invoice. Value of goods.

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The difference between supply chain and logistics explained

Unleashed

The life of coffee begins with growers in the likes of Brazil or Vietnam. procurement, production, transportation and warehousing), or could be used to track specific problems, like damaged goods, goods with incorrect documentation, goods that were delivered late, and any other combination.