Tuesday, 1 April 2014

Tips for a Flawless Global Supply Chain: How to Achieve Global Logistics

Managing a global supply chain is a complicated business. There is the organisation, planning and management of imports and exports along with dealing with overseas manufacturing and a wide variety of complex shipping policies to master. In order to remain in control and run an efficient and cost effective supply chain it’s necessary to work through a whole host of documentation, customs, compliance and regulations. These tips will help you to take on the challenge and assist you with operation a smooth global supply chain.
  • Offering around the clock assistance – going global means you’ll be operating around the clock due to different time zones. Therefore you’ll need to have one or more employees that are available to deal with any problem at any time as they happen in order to provide a fast response.
  • Understanding the industry – take the time to learn the jargon that goes hand in hand with logistics such as FAST, C-TPAT, and CSI. Understand the programs that fit your company and the requirements of the industry and ensure you’re able to communicate with your transportation providers.
  • Data collection – collecting data is essential, work with your employees across all departments to get the classifications right and comply with import and export regulations.
  • Dual use implications – think beyond your initial ideas and consider how products could be used other than what they’re designed for. Then you’ll be able to work through the additional compliance regulations without hold ups.
  • Audit trails – When mistakes occur, and they will, global shippers could end up with potential fines and penalties. Therefore have a strong audit trail including all the decisions that were made, the classifications, filings and all paper work relating to the actions to help support you.
  • Screening trade partners – the people you work with should be screened before partnering up together. The reason for this caution is many countries have a black list of governments, organisations and businesses that are not eligible to trade there. You don’t want to end up with the wrong partner do you?
  • Total landed costs – have a firm grasp on the total landed costs, including everything from duties, taxes and any additional fees along with the shipping, insurance and your costs of using logistic providers.

No comments:

Post a Comment