Elements of an Effective Customs Compliance Program
For companies engaging in international trade, having a customs compliance program is an essential part of their global supply chain. Recognizing that it is cost prohibitive to eliminate risk completely, the goal should be to establish an effective risk management plan. This can be accomplished through oversight of people, process, and systems that adhere to reasonable care standards, demonstrating management’s commitment to compliance. Failure to do so unnecessarily exposes companies to financial penalties and reputational damage. Unfortunately, many companies neglect the importance of compliance until it is too late, and customs agents and auditors are knocking on their door.
This webinar will provide a high-level overview of what it takes to manage a customs compliance program effectively. It is targeted for global customs compliance associates, professionals, and management. With a focus on import compliance, the course will look at the core competencies needed to ensure compliance across preclearance, clearance/entry, and postentry processes for:
• Tariff Classification
• Customs Valuation
• Trade Programs
• Admissibility
• Administration
• Cargo Security
• Supplier Management
• Forced Labor
