FTZs Reduce Total Landed Costs for Global Supply Chains
FTZs Reduce Total Landed Costs for Global Supply Chains
Excerpt from: Supply Chain Brain | By: Amber Road | November 23, 2015
58% of companies agree that their inability to take advantage of preferential duty programs is costing them a material amount today and unless corrected, will only increase.
Foreign-Trade Zone (FTZ) programs offer an opportunity for substantial import/export duty and fee savings, in addition to increased supply chain efficiencies and trade compliance improvements. Discover the duty and merchandise processing fee savings offered by FTZs, how FTZs can improve supply chain performance, and how automation can help with the challenges associated with incorporating an FTZ.
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