Being accredited, being part of professional bodies and schemes show customers and competitors you are a serious business. [Read more…]
In the world of export and import, operational efficiency is essential. Not only will your trade partners expect flawless performance time after time, it is also a necessity to stay ahead of your competitors.
Reaping the benefits of an optimised supply chain will be yours, if you can improve supply chain efficiency and security. Here are five ways you could look to do this… [Read more…]
There are many pressures on business to meet all kinds of essential regulations and rules. Some are mandatory, whilst others are beneficial and desirable.Authorised Economic Operator (AEO) status is not mandatory (as yet) but, for those exporting goods across Europe and beyond, there is no doubt that having this string to your bow will reap dividends in the longer term. It is a badge that clearly shows current and potential trade partners from across the world that you and your business, its logistical processes and supply chain are as secure as it possibly can be. [Read more…]
Highlighting your strengths to potential trade partners and current customers is essential for any business, but for one involved in exporting and international trade, it is paramount. If you could reassure trade partners as to your reliability and trustworthiness bot in operation and financial matters, how would you do it?Authorised Economic Operator (AEO) status does exactly that: it shows customers and trade partners that your role within the international supply chain is secure and highlights efficient and compliant customs controls and procedures. [Read more…]
An Authorised Economic Operator (AEO) company is an economic operator who, according to the UK Government factsheet, satisfies certain criteria – meaning they are considered to be a company that is reliable in their ‘customs related operations’ through the European Union (EU).Meeting these criteria mean that as an AEO certified company, you are entitled to certain benefits when it comes to trading and moving goods throughout the EU. This may see you enjoy easier access to certain customs simplifications, special procedures and so on. Applying for AEO status should not be too onerous a task for a business, providing that you have thought about the process beforehand. So what should you be asking of your business before you apply for AEO status? And who can help you attain this credible status with European trade partners? [Read more…]
AEO, otherwise known as Authorised Economic Operator, is a quality mark that is recognised all over the world, and it seems that more and more countries are realising just how important this is. AEO status shows that your business or organisation’s role in the global supply chain is secure, and that you have compliant and efficient customs procedures and controls. Hong Kong and Japan are the latest countries to acknowledge the importance of AEO status. Mr Roy Tang, the Commissioner of Customs and Excise in Hong Kong, and Mr Mikio Kajikawa, Japan’s Director General of Customs and Tariff Bureau of Ministry of Finance, both met last week, on August 23rd, so that they could recognise Authorised Economic Operator Programmes. [Read more…]