BLOG: How to efficiently manage International Customs and Trade processes

Many importers and exporters struggle with managing customs declarations in multiple EU countries.

The diversity of local customs procedures makes it tough to standardize reporting for selected customs brokers. This often results in manual processes, inefficient communication lines, and unnecessary costs that are ultimately paid by the importer or exporter. With this lack of control and from a cost perspective, it's difficult to gain visibility into all import and export costs and to separate service costs and indirect taxes (such as duties and VAT).

Supply chain flexibility needed

From a risk management perspective, it's hard to create a manageable process if you can't automate the collection of reporting data. Despite being aware of AEO (Authorized Economic Operator) requirements, many logistics service providers and customs brokers don't provide a detailed monthly overview of filed declarations, needed to effectively monitor chain partners, as a standard service. This indicates that customs clearance activities regularly are offered as an integrated service with a strong focus on logistics and supply chain operations, without developing innovative solutions and transparency to facilitate the Customs & Trade requirements that their customers are struggling with.

Importers and Exporters with growing volumes and complex business models need supply chain flexibility, but Customs and Trade compliance can be a barrier to growth when integrated services are required.

Embracing data-driven solutions

In my experience, there is a clear shift in the demand for scalable, data-driven solutions from international companies seeking to collaborate with innovative knowledge partners. The desire for automation to streamline operations and regain control is clear.

Imagine a world where customs and trade complexities are seamlessly managed. Are you ready for the change?

Discover how Pincvision's automated solutions can improve your control and help you overcome the hurdles. Let's get in touch!

02 Apr 2024 at 11:43 am
4 min
Published by:
Peter Italiaander
Head of Customs & Trade Affairs
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