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Management Dynamics’ GTM solutions help
companies comply with the new ‘10+2’ Rule, proposed by U.S. Customs and
Border Protection (CBP) and published in the Federal Register on January
2, 2008. The Notice of Proposed Rulemaking (NPRM)
will require 10 sets
of data from importers 24 hours prior to container loading for vessel
departure and two sets of data from ocean carriers no later than 48
hours after vessel departure, as a means to improve the high-risk
targeting of inbound containers for protecting U.S. borders from
terrorist attacks.
As security regulations evolve and the sphere of accountability expands
for Importers of Record, companies must look to
automate processes that
may be manual today to effectively mitigate risk for the corporation.
Our GTM Suite provides the software, trade content and supply chain
network to extend import business processes to suppliers, forwarders and
brokers and provides the information backbone to collect, organize and
report 10+2 data elements.
Management Dynamics recommends that importers take the following steps
to evaluate their processes and supporting systems
in order to minimize
supply chain disruptions and ensure compliance with ‘10+2’ :
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Classify
goods prior to the issuance of the purchase order; |
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Secure
identities of all parties related to the shipment transaction; |
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Gain access
to advance ship notices, commercial invoices, and packing lists when
goods are ready to ship from the |
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factory/supplier; |
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Integrate
all supply chain partners to capture key ‘10+2’ information flows; |
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Retain
records of the Importer Security Filing and the Carrier Security Filing
as associated with the shipment for
ensuring end-to-end compliance;
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Measure
SLAs with supply chain partners on filing timeliness, filing accuracy,
and response time; and |
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Develop a
reporting mechanism to proactively identify “at risk” shipments in
advance due to missing required data.
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To request additional information,
a free copy of our White Paper: ‘Automating the Import Supply Chain,’ or to speak with a global
trade expert, please register below and begin building a GTM foundation for ‘10+2’ compliance today.
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