Global Trade Advisory Outsourced and Cosourced Services Global Trade Advisory | Outsourced and Cosourced Services

Global Trade Advisory Outsourced and cosourced services Global Trade Advisory | Outsourced and cosourced services

Global Trade Advisory | Outsourced and cosourced services

Introduction

Lack of trained staff and the complexity of global supply chain structures are a real challenge for an organization’s trade operations. Activities like import/ export classification, Free Trade Agreement (FTA) management, and restricted party screening are crucial trade compliance and duty management tasks. These activities require a global approach that’s scalable with local seasoning. For many organizations, this combination may be difficult to achieve on a real-time basis.

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Deloitte's outsourced and cosourced services

Our global footprint—with three Centers of Excellence (COEs) in the Americas, EMEA, and APAC—provides a comprehensive approach to outsourcing tariff classification, FTA management, and restricted party screening activities for organizations, whatever their size.

With dedicated Global Trade Advisory (GTA) teams across the globe, use of innovative tools (such as Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA), and low cost Global Delivery Centers (GDCs), Deloitte provides professional services with the required level of local, global, and industry experience to deliver high-quality, round-the-clock, cost- effective outsourced and cosourced services.

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Deloitte's key differentiators

Round-the-clock service

GTA team’s global footprint integrated in three COEs across the globe

Up-to-date and ready-to-use content

Deloitte’s technological platform for efficiently interacting with our clients: myInsight

Local experience with dedicated teams in important markets

Use of experienced industry specialists housed in low cost GDCs

The use of innovative proprietary tools utilizing AI, ML, and RPA

The support of the largest and strongest professional services organization in the world

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Why outsource your tariff classification, FTA management, and restricted party screening activities?

Outsourcing is the key to fully leveraging the power of on-hand global trade specialists to manage the sometimes tedious and complex elements of global trade management. Some reasons to outsource are:

• Lower your labor costs • Reduce IT infrastructure overhead by leveraging the use of innovative technology • Reduce specific staff training and turnover • Focus on corporate core competencies • Manage repetitive activities that require a considerable amount of time from internal • Utilize trained/experience resources that are resources difficult to find in the market

• Gain access to deep experience in markets where you have operations

• Achieve global consistency to import and export classification, FTA solicitation, origin eligibility decisions, and restricted party screening

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Global Trade Advisory | Outsourced and cosourced services

Our services

Import/export classification Deloitte’s import/export classification services will provide organizations across industries with import/export classifications for most countries. Whether providing large scale classification or ad hoc services, we provide a strong technology-based service that will meet customs requirements and adherence to consistency.

Our teams use automated tools, single logic, rulings, and available content to provide consistent results.

Our classification process involves the following activities:

• Receive request containing agreed-upon technical information needed for the classification. • Gather data regarding potential classifications based on previous experiences • Locate and review section notes applicable for such section • Select applicable chapter; review headings and applicable chapter notes • Review general rules of interpretation and determine applicable heading • Review legal and explanatory notes, and confirm heading • Review subheading, legal and explanatory notes and determine tariff classification • If needed, determine specific country classification • Document the rationale used to reach the tariff classification

Besides regular tariff classification services, our local teams are ready to serve you with local services such as:

• Requesting specific tariff classification rulings • Assisting with: • Requesting specific tariff classification rulings • Assisting with: – challenges from customs authorities regarding previous tariff classifications – protests or prior disclosures – obtaining refunds of overpaid duties for incorrect tariff classifications – other country-specific tariff classification services

Global Trade Advisory | Outsourced and cosourced services

FTA management Our services are focused on helping organizations with identifying eligible goods under FTA specific rules of origin while maintaining compliance by reducing risks and manual processes with the use of cutting-edge technology applied to global trade management. Our end-to-end service includes:

Verification

Certificates of origin

issuance

FTA qualification

Data solicitation

FTA content

management

What do we offer?

Data gathering and management

Systematic origin determination and calculation

Document retention (through third-party databases)

Compliance monitoring

Around the clock service across the globe through our COE network

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The Bottom Line

Outsourcing yields quantifiable savings and helps speed international supply chain operations by streamlining processes, making them more efficient and effective. Organizations that understand global trade can create a strategic advantage and better serve their customers by outsourcing trade operations. For organizations looking to uncover cost savings while driving operational improvement, outsourcing global trade processes is the solution.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 286,000 people make an impact that matters at www.deloitte.com.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.