best practices in importing exporting - webinar mar 03,2012

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Contact: Ned Blinick at [email protected] (416) 510 8800 ext 234 3rdwave GCM Global Commerce Management Best Practices in Importing/Exporting Ensure Compliance, Reduce Costs, Manage Suppliers

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Page 1: Best practices in importing exporting - webinar mar 03,2012

Contact: Ned Blinick [email protected]

(416) 510 8800 ext 234

3rdwave GCMGlobal Commerce Management

Best Practices in Importing/Exporting

Ensure Compliance, Reduce Costs, Manage Suppliers

Page 2: Best practices in importing exporting - webinar mar 03,2012

Presenter

EDWARD (Ned) K. BLINICK

Ned Blinick is a founding partner, V.P. Sales and Marketing of Blinco Systems Inc., developers of 3rdwave Global Commerce Management, Sourcing, Logistics and Distribution solutions.

Prior to joining Blinco Systems Inc, Ned was the CEO of a major food importing company supplying major retailers, foodservice and industrial users. Ned pioneered direct container shipments to retail customers for their and private label progams and industrial manufacturers for their manufacturing requirements.

Page 3: Best practices in importing exporting - webinar mar 03,2012

4 Major Challenges for Importers/Exporters

• Supply Chain Complexity

• Supply Chain Visibility

• Regulatory Compliance

• Cost Management

Page 4: Best practices in importing exporting - webinar mar 03,2012

Few Best in Class Importers/Exporters excel at all GCM functionality across the organization and with business partners

Best in Class Import Capabilities 1. Strong managerial leadership – vision2. Professional work force3. Full Supply Chain control4. Strong cross-functional business

processes5. Extensive integrated global supply

chain automation6. On-Demand Global Supply Chain

Visibility7. Collaboration Infrastructure – internal

and external8. Extensive Supply Chain Analysis,

Reports and KPIs

Page 5: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #1

Strong managerial leadership – Vision- a clear statement of how the global supply

chain is “to be” is required from management- ongoing support for the implementation of the

vision is necessary• budget• visible commitment

Page 6: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #2

Professional work force

Page 7: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #3

Complete Supply Chain control – it is not about who does the work, it is about

managing the suppliers of the products and providers of the services in the supply chain

– without the ability to proactively monitor and act with supply chain partners there is limited control.

Page 8: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability Importers and Exporters #4

Strong cross-functional business processes

• Imports: Sourcing, Merchandising, Purchasing, Traffic, Compliance, Warehousing, Finance

• Exports: Sales, Logistics, Compliance, Finance

Page 9: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #5

Extensive integrated global supply chain automation

• Vendor Visibility• Shipment Execution and Tracking• Regulatory and Business Compliance Support• Total Landed Cost Management• Automated ISF and 7501/3461 Filing Control • Automated AP Auditing, Processing, and Payment• Systemic Event Management

Page 10: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #6On-Demand Global Supply Chain

Visibility

• visibility into supplier purchase order execution• visibility into service provider traffic

performance - real time• visibility into status of customs action and

activity• visibility into inventory receipt activity/POD• visibility of product supply chain lifecycle

status• visibility into product landed costs (budget to

actual)

Page 11: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #7

Collaboration Infrastructure – internal and external

- ability to share internal information across silos w/o duplicate data entry

- ability to capture data electronically from external suppliers and service providers

- ability to share secure information with suppliers, customers and service providers electronically or through supplier/customer portals

Page 12: Best practices in importing exporting - webinar mar 03,2012

Best In Class Capability for Importers and Exporters #8

Extensive Supply Chain Analysis, Reports and KPIs

- access to supplier, customer and service provider supply chain performance

- access to supplier, customer and service provider financial performance- access to real-time supply chain inventory status reports and querries- access to detailed item and aggregate supply chain cost- ability to establish KPIs and measure supply chain activity

Page 13: Best practices in importing exporting - webinar mar 03,2012

Best In Class Importers and Exporters excel at execution processes and managing information.

Best in Class Importers and Exporters have solutions that streamline execution and support information sharing through data convergence.

Best in Class Importers and Exporters excel on integrated operation execution and information management from Purchase Order Management, Global TMS, Compliance Management, Integrated 3rd Party Collaboration, Total Landed Cost Management, Automated Customs Filing, to Global Inventory Visibility and Positioning

Page 14: Best practices in importing exporting - webinar mar 03,2012

Where is the Value in being a Best In Class Importer or Exporter?

Page 15: Best practices in importing exporting - webinar mar 03,2012

Where is the Value in being a Best In Class Importer or Exporter?

The Hard Numbers:• ~$100 per ISF and 7501/3461 Entry -

Automated Customs Clearance• ~2% reduction in Freight Payments - Automated

Freight Auditing• 15-30 minute reduction/per container

1-2 person months/500 FCLs (integrated visibility) - Tracking and Execution

Page 16: Best practices in importing exporting - webinar mar 03,2012

Visibility and Tracking

Product Master

TRG-Classify3rdwave Product Master

Account Master

3rdwave Account Master

3rdwave CR

3rdwave ISF/FDA Consolidation/File

TRG ISF/FDA PN Filing

3rdwave 7501 Consolidation/File

TRG 7501 Filing/Release

WMS

Supplier

Carrier Freight

Forwarder

Customs

WMS

ERP PO 3rdwave PO

3rdwave SI

3rdwave Inventory Control3rdwave

PayablesValidation

ASN - 856

EDI 104, 214,315

EDI 940

C

C

C

C

C

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Page 17: Best practices in importing exporting - webinar mar 03,2012

Contact: Ned Blinick [email protected]

(416) 510 8800 ext 234

3rdwave GCMGlobal Commerce Management

How to Deliver Best in Class Import/Export Capability