Download - TRUSTED TRADERS: Partners with Benefits
TRUSTED TRADERS:
Partners with Benefits
John Bescec
October 2, 2012
Agenda
Introduction – the business perspective
The international impact of the CSCB
Is there a true partnership in TTP?
One company’s perspective
Q & A
Introduction – Typical Questions What is it? What is the benefit? What is the cost? What is the competition doing? What is the risk if we don’t
participate? CBA = ???
International influence of the CSCB Role of CSCB in the PSCG Advocacy in development and
expansion of AEO at the WCO Great ideas… but outcomes
not always as expected So what is needed to be
successful? Is there sufficient support?
True Partnership?
OR
How to ensure TTP’s succeed Mandate by regulations… or Deliver real benefits for
Customs and Trade True partnership -
understanding and trust MRAs in their truest sense –
commonality and genuine recognition
Benefits – Trade System Efficiencies
One company’s benefits under C-TPAT Known trader and good corporate
citizen Reduced targeting number assigned
by US Customs reduced exams Recognition in contracts with supply
chain partners with associated ROI “Insurance underwriters look more
favorably at C-TPAT certified companies”
One company’s experience with C-TPAT (FY 2011)
Time saved in shipment days 5% 10% 15% 20% 30%
Cost savings through reduced exams $25K - $65K $125K -
$200K $300K -
$700K $800K -
$900K $1M - $2M
Partner savings
$50K - $100K
$200K - $400K
$500K - $900K
$1M - $2M $2.1M - $4M
One company’s experience with PIP
Past Present Future
TTP – Partners with benefits