best practices in importing exporting - webinar mar 03,2012
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TRANSCRIPT
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
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.
4 Major Challenges for Importers/Exporters
• Supply Chain Complexity
• Supply Chain Visibility
• Regulatory Compliance
• Cost Management
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
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
Best In Class Capability for Importers and Exporters #2
Professional work force
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.
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
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
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)
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
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
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
Where is the Value in being a Best In Class Importer or Exporter?
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
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
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Contact: Ned Blinick [email protected]
(416) 510 8800 ext 234
3rdwave GCMGlobal Commerce Management
How to Deliver Best in Class Import/Export Capability