International Trade Compliance Scorecard
Reactive trade compliance programs are not viable; to succeed in today’s global marketplace you must proactively implement and execute a robust and comprehensive strategy.
The Trade Compliance Scorecard is a straightforward way to get a baseline of current operations and track progress on compliance improvements over time.
The most successful businesses recognize a truly integrated and effective trade compliance strategy creates a significant supply chain advantage. Well-organized trade compliance ensures goods move swiftly across borders and into your customers hands. As the trade compliance landscape is becoming increasingly complex, so are the consequences of failing to comply. Repercussions range from shipment delays for minor breaches to financial penalties and criminal sanctions for severe violations.
Trade compliance is your competitive advantage.
19
unique zones of compliance risk
Boost Resilience & Capture Value
Using the Trade Compliance Scorecard supports a comprehensive regulatory strategy by delivering numerical ratings and unique methods for tracking progress on 19 unique zones of compliance risk hiding in plain sight.
Scorecard Benefits
Understand risk
Review your manufacturing, supply, and distribution channels to understand risk exposure and changes in trade rules. Calculate the possible impact on revenues, costs, and production throughout the value chain.
Identify buttons to push
Create and document a series of actions that can potentially be used in different scenarios to both mitigate risk and gain competitive advantage.
Build flexibility
Preemptively take low-cost actions that create flexibility and the ability to move quickly in the dynamic trade environment.
Get your compliance score today!
A Few Words About Trade Compliance
Trade compliance is a responsibility and obligation for all companies involved in the global manufacturing or transportation of goods. Getting trade compliance right means you successfully meet the demands of customers and suppliers while also supporting long-term growth, sustainability, and competitive advantage.
Today’s regulatory pressures make robust trade compliance controls especially important for mitigating risk.
Trade compliance…
- Reduces Regulatory risk and minimizes exposure to fines and penalties
- Promotes customer satisfaction by avoiding costly delays
- Saves money by avoiding seizures, inspections, fines, and penalties