Management Dynamics, Inc
Management Dynamics, Inc

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’ :
 
Classify goods prior to the issuance of the purchase order;
Secure identities of all parties related to the shipment transaction;
Gain access to advance ship notices, commercial invoices, and packing lists when goods are ready to ship from the
  factory/supplier;
Integrate all supply chain partners to capture key ‘10+2’ information flows;
Retain records of the Importer Security Filing and the Carrier Security Filing as associated with the shipment for
ensuring end-to-end compliance;
Measure SLAs with supply chain partners on filing timeliness, filing accuracy, and response time; and
Develop a reporting mechanism to proactively identify “at risk” shipments in advance due to missing required data.
 

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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