You could compare it to the hidden part of an iceberg – there’s a lot more to customs handling and its costs than meets the eye. This is one of the rare cases where you should not keep your head above water. You need to dive deep to get the full cost perspective.The right knowledge about how to be creative, plan, execute and be compliant in your customs handling can have a significant impact on your business. It’s not just about the customs duty you pay. There are all the operational costs of your customs routines, not to mention the extra work and risks related to non-compliance. Once you dive beneath the surface, new and previously unknown issues will become apparent. And with these issues come costs. But also beneath the surface are opportunities, and if you don’t look, you’ll miss out.
With a strategic take and a better overview, customs operations managed successfully could help you to get a grip on unnecessary costs and take advantage of new business opportunities. This could lead to better performance and have a commercial impact on your business, while at the same time reducing risks and compliance issues. Get the most out of suppliers (for example through optimal sourcing that increases margins), not to mention your production, logistics and customers – and stay ahead of the competition.
We have created an overview of the iceberg – free to download. We realise that this is a very simple overview, and the issues involved may be much more complicated and far-reaching in your own organisation. Feel free to contact us at KGH, firstname.lastname@example.org if you would like help in establishing a true picture of your situation, and how to make the most of your customs management.