Outsourcing Global ImportExport Compliance

1
Outsourcing Global Import/Export Compliance?

• What are the pros and cons of outsourcing the
  whole enchilada vs. outsourcing specific services?

2
Outsourcing Everything - Why Not?

• YOU are legally responsible
• YOU have more intimate knowledge of your industry
  and company
• YOU are the one who can spot discrepancies and
  errors easier

3
Historically

• External companies who came in and took over the
  entire compliance dept. where are they today?
• How can you be sure of the quality of people
  doing the day to day work?

4
Outsourcing Everything - Why To?

• If your company does not have enough compliance
  needs and expertise to keep this in house

5
Outsourcing Services Only

• Whether a 3PL or a 4PL, how can you maintain
  control and oversee the accuracy of compliance
  services globally?
• What does your contract and SOP need to look
  like?

6
Outsourcing Services Only

• Reviewing Compliance Services
• Brokerage Contracts
• Consultant Contracts
• SOPs are a must
• U.S. Regulations
• Foreign Regulations
• Classification Reviews
• FTA and Duty Preferential Requirements

7
Outsourcing Services Only

• Import Controls Best Practices
• Export Controls Best Practices
• Reporting Requirements
• Audit Procedures
• Cost Reviews

8
Outsourcing Services Only

• Benefits to Outsourcing Some Services?
• New Expertise - of Outside Service
  Providers/Consultants
• Time/Cost Savings saving your time for other
  matters and/or not having to hire additional
  personnel

9
Keys To Managing Outsourcing

• Research, research before hiring make sure
  you are getting what you need.
• Dont forget the old adage you get what you pay
  for
• References talk to them!!!
• Who is a good communicator????

10
Keys To Managing Outsourcing

• Prepare contracts, SOPs, etc. in detail and
  ensure all expectations are in writing
• Have a review process in place for the data
  results of what they are doing for you