Global supply chains are feeling the pressure of continued trade tensions. Regulatory uncertainty, protectionism, trade wars including tariffs and retaliatory tariffs, and global supply chain risk are now commonplace. These risks make effective global supply chain management necessary. As a result, companies are struggling to respond let alone adapt with a well-designed trade compliance program that addresses risk mitigation, increased compliance, and duty minimization.
No longer is waiting for the storm to pass an option.
As part of your extended team, Baker Tilly trade advisors help provide the visibility, clarity and operational improvements needed to properly respond to pressures caused by on-going trade wars. Our approach to trade compliance management is designed to protect and enhance value by:
Analyze impact of tariff and regulatory changes to your supply chain
Incorporate trade data to uncover risk and duty savings opportunities
Evaluate valuation polices and duty deferral programs to lower duty spend
Review tariff and export classification to identify risk and reduce duties
Design customs and international trade strategies that protect from trade disruptions
Implementation of tailored program to improve/expand processes and procedures
Demonstrate how global trade management is now a competitive edge
Outsource trade compliance operations to gain efficiency, lower cost, and remain compliant
Perform health-check to identify gaps, risks, and opportunities for improvement
Determination of when, and which, import/export regulations apply
Mitigate supply chain and trade compliance risk at the country level
Satisfy regulatory requirements around Know Your Customer (KYC) and third-party risk
Business case development and software selection designed for your business
Ensure success with change management, requirements gathering, and design
Leverage a proven methodology that delivers quickly, simply, and cost effectively
Continually review investment is achieving expected process improvements and ROI
If your organization is feeling the pressure of rising trade tensions, take action today so you can make informed decisions for tomorrow. We have helped trade professionals take a strategic view of their import supply chain and outbound exports — and offer the additional experience, analytics and the discernment they may require to influence their company’s financial and operational outcomes.
We would like to offer the same to you — particularly in today’s increasingly restrictive import markets. Gain: