Some diagnostic indicators
Businesses with optimised customs arrangements have the similar characteristics. They:
– treat their customs duty and customs procedural costs as a planning asset rather than as a fixed cost
– have a customs management plan with improvement goals, cost reduction and efficiency targets, benchmarking tools, and integration with other parts of the business (purchasing, supply chain, manufacturing etc)
– invest senior management attention equivalent to that given to any other tax and supply chain-related exposures
– incorporate customs issues into their strategic decision-making processes and into their performance measurement metrics
If you don’t recognise these characteristics in your business, it’s very likely that DPCL could bring some useful insights to the table.
Duty Planning Consulting Ltd 