Customs 10 + 2

Importer Security Filing (aka Customs 10+2) represents a major change in accountability for businesses importing into the US that, if not properly managed, will increase costs in the short-term and lead to the need for more control over activities at origin.

Many importers today lack the process maturity and visibility and are challenged by:

	▪	Having extensive details on all suppliers including screening those entities prior to placing an order to confirm they are not sanctioned.
	▪	Classifying all items prior to placing purchase orders and appropriately determining Country of Origin.
	▪	Lacking influence over origin operations based on commercial terms (Incoterms).
	▪	Integrating business partners (suppliers, forwarders, customs brokers) into your import process.

Learn More about Complying with the ISF in this brief 10+2 Practical Guide.

Management Dynamics' 10+2 Compliance solution leverages proven supply chain visibility and import compliance solutions to help importers comply with and generate an Importer Security Filing with the following capabilities:

	▪	Structured processes to classify and store product-related compliance details in a global product master.
	▪	Screen suppliers against Restricted Part Lists.
	▪	Create shipment documents and pick-up requests from assigned purchase orders and prepare ISF and entry filings from the same source data set.
	▪	Alert on the presence of key data elements based on need date.
	▪	Measure the process with performance metrics.

Take 10 minutes to inform yourself of the strategic opportunities of Customs 10+2, and turn your import costs into supply chain benefits, by viewing our video, "Strategic Opportunities that 10+2 Presents."

Implementing GTM technology can mitigate the risk of non-compliance, fines and product delays resulting from Customs 10+2. The hidden benefit, however, is in deploying a level of automation that will allow you to effectively shift to a Direct Procurement model. Ultimately, the price of complying with heightened security regulations will cost more, but this new business model promises to generate a new stream of benefits for the importer.

In an interview with Global Logistics & Supply Chain Strategies magazine, VP Customs Compliance at Leggett & Platt discusses best practices for import compliance and for transforming a fragmented global procurement approach into a centralized global import process.

LIBRARY
WEBINARS
NEWS

▪	Customs 10+2 Compliance Brochure

▪	10+2: A Practical Guide

▪	Aberdeen Report: Global Trade Compliance Priorities

▪	White Paper: Leveraging Free Trade Agreements

▪	White Paper: Automating the Import Supply Chain

▪	Case Study: Leggett & Platt

▪	Strategic Opportunities that 10+2 Presents

▪	Moving Beyond Global Sourcing to Trade Agreement Management

▪	Customer Interview: Leggett & Platt

▪	Automating the Import Supply Chain at Leggett & Platt

▪	Not Playtime Anymore DC Velocity

▪	Management Dynamics Enhances Support for FTAs AMR Research

▪	Danger in the Chain Supply Chain Standard

▪	Calming the Waters on 10+2 Outsourced Logistics

▪	NAFTA: Learning to Love Thy Neighbor Industry Week


▪	Create visibility and control over Origin assets
▪	Monitor ship windows and optimize inbound freight
▪	Eliminate mark-ups on freight and handling services
▪	Leverage volumes to negotiate lower freight rates
▪	Manage inbound shipments to lower inventory with diversions and DC Bypass strategies
▪	Automate production of origin documents to reduce export cycle times
▪	Transform export transactions to automate entry process

"By implementing an integrated international purchasing system we are assuring that Leggett & Platt is maximizing its efforts to conduct its international procurement activities in a compliant manner."