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It drives the entire export process - moving information in a timely fashion
is key to uninterrupted freight flows
Order management systems, warehouse management systems, and transportation
management systems are examples of _________________ software that help companies
conduct day-to-day supply chain processes.
a. supply chain relationship management
b. supply chain execution
c. supply chain planning
d. supply chain event management
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, b. supply chain execution
What happens in the customs clearance examination step?
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- Examine and inspect to see the value ofthe goods for dutiable status,
country of origin, prohibited articles or illegal contraband, if goods match
invoice
-Process continues of no legal or regulatory violations have occurred
-If problems found, CBP can order the goods to be destroyed, exported or
held pending correction
Certificate of Origin
a. evidence of contract of carriage, receipt of goods, and document title of the
goods
b. guarantees the seller will receive payment as long as the delivery conditions are
met
c. must identify the buyer and seller
d. assures the coverage of loss or damage to freight during transit
e. verifies the country in which the goods were manufactured
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e. verifies the country in which the goods were manufactured
What is a customs broker and how are they used?
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- 3rd party logistics professionals hired by importers to interpret complex
entry rules
- Help clear customs safely, securely, and quickly
- Ensure legal minimum duties are paid
What is a Commercial Invoice and how is it used?
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- Key transaction document is the commercial invoice and it contains
information relevant to the transaction from start to finish
- must identify the buyer and seller, and clearly indicate the (1) date and
terms of sale, (2) quantity, weight and/or volume of the shipment, (3) type
of packaging, (4) complete description of goods, (5) unit value and total
value, and (6) insurance, shipping and other charges (as applicable).
Insurance Certificate
a. evidence of contract of carriage, receipt of goods, and document title of the
goods
b. guarantees the seller will receive payment as long as the delivery conditions are
met
c. must identify the buyer and seller
d. assures the coverage of loss or damage to freight during transit
e. verifies the country in which the goods were manufactured
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d. assures the coverage of loss or damage to freight during transit