Trade Agreement Management

The success of the North American Free Trade Agreement (NAFTA) in building the economies of Canada and Mexico is being applied around the world as a proven strategy to turbo charge growth. Savvy companies realize that leveraging free trade agreements (FTAs) is the next source of product cost savings in their low-cost country sourcing strategy. The pain, however, is not always worth the perceived gain for importers that do not have automated trade agreement compliance and are challenged by:

	▪	Maintaining rules of origin for target FTAs
	▪	Soliciting suppliers and maintaining valid certificates
	▪	Qualifying complex bills-of-material to legally claim preferential duty

Our Trade Agreement Management solution integrates your supply base to collect key trade agreement compliance information and generate certificates of origin. By integrating with your ERP solution, we process each component of the Bill of Material (BOM) with the Rules of Origin and available certifications to qualify treatment for a given FTA.

View how Global Trade Management (GTM) automation is central to achieving the next level of cost savings from low cost country sourcing strategies in our webinar, "Moving Beyond Global Sourcing to Trade Agreement Management."

Our trade agreement compliance customers enjoy the following capabilities:

	▪	ERP integration to manage the compliance aspect of products and to support solicitation of suppliers and qualification of bills of material.
	▪	Manage product classification in a global product master with classification mapping tools to facilitate classification in multiple countries along with purchased part details that identify relevant FTAs and origin information respective to a specific vendor.
	▪	Monitor purchase order histories and certificate expirations to easily develop new and recurring solicitation campaigns.
	▪	Solicit suppliers to request FTA and origin information with configurable cover letter templates and a powerful email messaging campaign management module.
	▪	Support online data entry through the Supplier Solicitation Portal (a Trade Portal module) with data validation and automatic generation of certificates.
	▪	Apply Trade Agreement rules of origin on an entire BOM for “n” number of levels and subassemblies to qualify using RVC (Regional Value Content) and all potential rule options such as Tariff Shift and De Minimus calculations.
	▪	Generate Certificates of Origin for manufactured parts and/or purchased parts including blanket certificates and one-off certificates for high priority items.
	▪	Report on the overall Trade Agreement process with Performance Management reports that cover 12 areas.
	▪	Manage post entry activities by tracking CF28s/29s and receive ABI messages from your broker related to your entry including liquidation notices and PMS (Periodic Monthly Statements) to provide a comprehensive view of your entry activities.

Automating your ability to leverage the product cost savings of FTAs by ensuring trade agreement compliance is a key enabler for any enterprise looking to reduce total landed costs. The pain is definitely worth the gain.

To get started, read our best practices white paper, “Leveraging Free Trade Agreements to Achieve the Next Level of Savings from Global Sourcing.”

LIBRARY
WEBINARS
NEWS

▪	Trade Agreements Brochure

▪	Benchmark Report: Trade Agreement Management

▪	White Paper: Leveraging Free Trade Agreements

▪	Case Study: Haworth Streamlines NAFTA

▪	Aberdeen Report: Global Trade Compliance Priorities

▪	White Paper: Automating the Import Supply Chain

▪	Moving Beyond Global Sourcing to Trade Agreement Management

▪	Flash Video: Automating the Import Supply Chain

▪	Customer Interview: Leggett & Platt

▪	Automating the Import Supply Chain at Leggett & Platt

▪	Managing Multiple Free Trade Agreements

▪	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


▪	Maintain Rules of Origin
▪	BOM Management
▪	Supplier/Manufacturer Management
▪	Qualification (Regional Value Content, Tariff Shift, De Minimus)
▪	Request and Manage Supplier Qualification Letters
▪	Generate TA Certificate
▪	Provide Manufacturer’s Affidavit
▪	Supplier Solicitation Portal

▪	Lower product costs by qualifying for preferential duties
▪	Access a single repository for all Trade Agreement data
▪	Reduce costs by eliminating manual processes and 3rd party services




"By implementing the Management Dynamics solution, we are able to take advantage of preferential duties, saving $1.2 Million in duties and taxes, automate the NAFTA qualification process, and generate accurate trade documentation to maintain export compliance in an effective and timely manner." Project Manager Global Logistics, Trade and Compliance, Haworth, Inc.