Global Trade Management and Foreign Trade Zones - Taking control of the supply chain | 2019-05-22 | SupplyChainBrain

Global Trade Management and Foreign Trade Zones: Taking Control of the Supply Chain

Global Trade Management and Foreign Trade Zones - Taking control of the supply chain

Businesses are increasingly taking advantage of the ability of a Foreign-Trade Zone (FTZ) to deliver significant benefits. Any size of importer or exporter, including retailers and medium to large manufacturers, can defer costs incurred from customs duties, taxes and tariffs, improve speed to global markets, competitiveness, and minimize encounters with bureaucratic regulations.

But many are now realizing that FTZs are just one element in a sophisticated import or export supply chain management strategy.

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