Tag Archive for: export

2023 Trends ACA

2023 Supply Chain trends and forces to watch (part 1)

Supply Chain 2023 ACA

 

There are opportunities for supply chain professionals to thrive during this time of evolution, optimism, and innovation, and the emphasis will shift to greater decision-making and progress towards sustainability.

 

What key trends and forces will shape supply chains in 2023?

1- Every stage of the planning process will take sustainability into account

The supply chain will be infused with sustainability next year, from energy sourcing to production, storage, delivery, and disposal of materials.

2- It will be necessary for supply chain professionals to learn how to communicate with CFOs

As a supply chain executive, it’s important to take advantage of the opportunity to develop a relationship with the C-suite. This requires translating their work into the language of the chief financial officer (CFO)

3- Resilience is a critical factor in achieving a tangible ROI

Businesses can take proactive steps to strengthen their supply chains and make them more resilient. With disruption and volatility set to continue into 2023, One way of doing this is to focus on diversifying their supply chain.

4- Supply chain changes will occur faster than ever.

Modern digital technologies are revolutionizing the way supply chain processes are being managed. By creating seamless, end-to-end supply chain planning, businesses can break down silos between departments and ensure they stay ahead of the curve in a rapidly changing world.

If you have any queries call us at +353 1 814 1969 or email us at [email protected] And visit our website, our facebook and Linkedin pages.

Custom Clearance - Trucks

Is life returning to normal for truckloads?

Customs Clearance - Trucks2

The carrier’s executives continue to hope for the supply/demand equation to balance as inventory slowly rebuilds. Due to equipment and driver shortages, fleet growth remains limited. Is this recurring news a sign that things are getting back to normal?

 

After three years of being whipsawed by COVID-affected demand levels, the $332 billion full-truckload (TL) market is showing signs of returning to normal levels of “seasonality.”

“The truckload market is easing back to normal levels of growth,” says Avery Vise, vice president of trucking for Indianapolis-based research firm FTR. “We’re not seeing a glut of capacity. We’re heading back to stability, but stability at a level where shippers are happy about it.”

It would be ideal if there were exactly the right number of trucks deployed around the nation to haul exactly the right amount of freight at the right price to satisfy both shippers and carriers.

Ideally, yes. Since the pandemic, truckload capacity and freight levels have been unevenly matched. During the spring of 2020 economic shutdown, there was way too much capacity.

In the midst of crowded ports and freight piling up because of lack of drivers, truck capacity was buffeted by an unexpected surge in demand for some supplies.

If you have any queries call us at +353 1 814 1969 or email us at [email protected] And visit our website, our facebook and Linkedin pages.

Inflation enviornment ACA International

3 tips on how supply chains can thrive in an inflationary environment

Inflation enviornment ACA International

Despite highly challenging macroeconomic conditions, supply chain and procurement professionals are responsible for managing their organizations’ value chains.

Today’s global economy is facing significant challenges, which is an understatement. Consumer and producer price index inflation indices should be closely monitored.

What can retailers and manufacturers do to mitigate the increased prices at which products need to be purchased? How can manufacturers and retailers adopt other longer-term and systematic methods?

Here are 3 tips we at ACA International consider important to follow.

1- Improve the inventory’s form and function

Manufacturers and retailers are hit twice by high PPI and high-interest rates. In addition to the price at which they purchase products, inventory carrying costs also increase. Inventory must be placed at the right place, at the right time, and the right price.

2- Enhance the efficiency of business expenditures

The current business climate requires visibility into all direct and indirect expenditures and diligently reducing expenditures without impacting performance.

3- Build better relationships with suppliers

This dramatic price increase can be mitigated by building a trusting and transparent relationship with suppliers.

If you have any queries call us at +353 1 814 1969 or email us at [email protected] And visit our website, our facebook and Linkedin pages.

Blog 5 tips

5 cost-saving tips for reducing parcel rates

Blog 5 tips

 

In recent years, parcel carriers have also experienced supply chain issues.

 

Increasing costs due to labor shortages, inclement weather, and numerous other disruptions have caused major parcel carriers to increase their rates. The ever-increasing rates make order fulfillment more expensive for e-commerce businesses. Shipping costs may feel like the only option for many online sellers.

The following tips may assist internet retailers in delaying price increases.

1) re-examine express shipments

You don’t have to ship everything express just because your customers want two-day delivery. You can maximize your parcel shipping budget by using express services only when necessary.

2) use lighter dunnage

Consider using lightweight dunnage, such as air pillows, if possible.

3) change free shipping options

Shipping costs can be passed on to your customers without reducing free shipping. Consider offering free standard ground shipping and adding a surcharge for two-day, one-day, and same-day shipping.

4) diversify your delivery model

Shop around to find the best deal.

5) add more warehouses

Expanding your warehouse footprint is the best way to combat rising parcel rates in 2022.

 

If you have any queries call us at +353 1 814 1969 or email us at [email protected] And visit our website, our facebook and Linkedin pages.

Customs Clearance Service

The importance of product testing

Customs Clearance Service

There is a global tide of protectionism that is revolving around the topic of crossing borders.

 

Each country has a large body of legal documentation, as well as agents enforcing regulations.

It is important to follow these rules for many reasons: preventing terrorism, ensuring consumer safety, balancing trade, and generating revenue.

To ensure goods are moved legally without complications, international trade is subject to numerous controls and regulations.

Nevertheless, goods of all kinds sometimes don’t get past checkpoints for several reasons, causing massive delays and ripples across supply chains – impacting the bottom lines of businesses.

The importance of proper product testing and documentation in global exports and imports is often underestimated by many.

As part of customs clearance, there are multiple government agencies involved – including the Consumer Product Safety Commission, the Food and Drug Administration, Customs and Border Protection, and Fish and Wildlife.

It is possible to have incorrect or incomplete documentation if testing and certification are not performed before goods are packed for shipment. Before the goods reach the consumer, this becomes a show stopper for global shippers.

There are stringent rules when it comes to product testing and compliance when products cross borders, whether they are tomatoes, wine, plastic toy soldiers, or nail clippers.

It is often the government that stops shady goods from slipping through the cracks without being properly tested.

If you have any queries call us at +353 1 814 1969 or email us at [email protected].

Freight Forwarding Guide

The Ultimate Guide for Freight Forwarding

Freight Forwarding Guide

You can find all the information you need about freight forwarding on our website, whether you’re trying to book the service or find out exactly what our freight forwarding agents do.

 

Here is a four-question guide for clarifying your questions about Freight Forwarding.

  • What is Freight Forwarding?

Most importers and exporters use freight forwarding to arrange freight shipments. Licensed forwarders understand the end-to-end shipping process and can handle it on your behalf. In many ways, they are like travel agents for freight.

  • Freight Forwarding Services?

Prepare all the paperwork, make the bookings, arrange payments required for each sector of the shipment, provide a customs brokerage service, and troubleshoot if any issues arrive with the shipment.

  • Do I Need a Freight Forwarder?

Booking a shipment can take place in a variety of ways. Depending on your business needs, you may need specific services. Here are some options: go it alone, your supplier arranges the whole shipment, to arrange shipment from the factory or foreign port, you hire a freight forwarder.

  • Requesting a Freight Quote

Do you have your goods ready to ship?

Make sure that you have the full addresses for pickup if the shipment is door to door.

You likely need to provide the name of the port of origin.

Provide the total weight of the shipment.

Provide total cubic volume.

International freight works with HS Codes.

Businesses exporting shipments need to know the Schedule B code.

 

If you have any queries call us at +353 1 814 1969 or email us at [email protected].

Customs Clearance Service

What exactly is Customs Clearance?

Customs Clearance Service

Customs clearance is the method of documenting the arrival and departure of goods as they enter and leave a country.

 

Customs clearance requires calculating the VAT and duties that may be due on those goods, as well as following the correct procedure to ensure that the items enter or leave the country legally.

All worldwide shipments must pass through Customs before being allowed to enter or exit a country. This includes goods transported by sea, air, or land. After your goods have been Customs Cleared and Released, you will be given Customs Documents confirming that all Customs Duties and Taxes have been paid and your goods can be shipped to their destination.

 

Customs Clearance Service

ACA International specialises in handling the logistics of import/export services to and from Ireland.

Established in 2000, ACA International has built a reputation as a trusted partner working from Dublin Airport but covering customs clearance in Ireland.

We work across all ports providing the importing and exporting community with a dedicated, reliable, documentation preparation and economical service. Our team of experts has over 100 years of accumulated experience in the specific field of customs formalities giving you a guaranteed, tailored solution for all your customs clearance needs.

Above all, they have a wealth of knowledge on the preparation of and production of customs clearance documents, customs requirements, customs procedures, import license requirements, goods classification, and health and veterinary requirements.

Indeed, when your company requires customs clearance procedure, always remember that ACA International provides the best custom clearance service in Ireland.

Clearing goods through customs can be a difficult and complex process and this is where we can help and assist you every step of the way.

Our friendly and very experienced team will take care of all your import/export requirements.

We will calculate any taxes due on your cargo ensuring it is released and received by you in a timely and efficient manner.

If you have any queries call us at +353 1 814 1969 or email us at [email protected].

Customs Clearance Service

5 required documents for customs clearance? (part 2)

Customs Clearance Service

Customs clearance blog

Customs clearance generally requires a lot of documents to be verified and submitted, either electronically or physically with the consignment.

 

Documents to be submitted to customs depend on the type of goods being shipped. The rules regarding customs vary depending on the country of origin and the country of destination.

Let’s look at the second part of documents that are common to all countries:

6- Bill of lading

Bill of lading is a document from the carrier to the shipper/exporter/supplier. It is evidence of the contract for movement of goods described by the carrier.

7- Bill of sight

It is a declaration from the supplier or exporter to the customs department where the receiver is unsure of the type of goods being shipped. The bill of sight document permits the receiver of goods to inspect them before making duty payments. With the bill of sight, the exporter also needs to submit a letter that allows clearance of goods by customs.

8- Letter of credit

The letter of credit is issued by the importer’s bank informing that the importer or the consignee will honour the payment to the exporter /consignor/shipper of the sum specified to complete the transaction.

9- Bill of exchange

Bill of exchange is similar to a promissory note that can be drawn by banks or individuals. It is a substitute payment option where the importer is to clear payments for goods received from the exporter either on-demand or at a fixed or determinable future.

10- Export license

A business can get an export license from the licensing authority and permit is issued by the Chief Controller of Exports and Imports.

If you are planning to trade goods to or from Ireland, Aca International Ltd  may be able to help you! Visit our website and follow our Facebook and Linkedin Pages

Customs Clearance Service

5 required documents for customs clearance? (part 1)

Customs Clearance Service

Customs clearance generally requires a lot of documents to be verified and submitted, either electronically or physically with the consignment.

 

Documents to be submitted to customs depend on the type of goods being shipped. The rules regarding customs vary depending on the country of origin and the country of destination.

Let’s look at documents that are common to all countries:

1- ProForma Invoice

Proforma invoices provide information about the product to be sold.

2- Customs packing list

Each party involved in the operation can cross-check the customs packing list with the Pro-forma invoice for the items in the shipment.

3- COO Certificate (Country of Origin)

This is a declaration that goods being shipped are made and processed in the country in question.

4- Customs Invoice

The Customs invoice is a mandatory document for an export transaction. Customs officers will request the customs invoice as it includes information about the order.

5- Shipping bill

A shipping bill is an important document and serves as a measurable record and is generally submitted via a custom online software system (ICEGATE).

If you are planning to trade goods to or from Ireland, Aca International Ltd  may be able to help you! Visit our website and follow our Facebook and Linkedin Pages

Customs agent

Specialist customs clearance and freight forwarding

Customs agent

What is the difference between specialist customs clearance and freight forwarding?

What is the difference between specialist customs clearance and freight forwarding?

Many exporters, particularly newcomers, believe that freight forwarders and customs brokers are interchangeable terms. This is false.

Freight forwarders are supply chain experts who specialize in the logistics and physical transportation of cargo. They communicate with any entity involved in the exporting process that handles or is aware of a shipment traveling by truck, boat, plane, or a combination of these modes of transportation. Freight forwarders are responsible for assembling and completing a wide range of documentation and compliance filings.

A freight forwarder manages the supply chain, it is a third-party entity that arranges a trip and then facilitates the whole journey, including paperwork and documentation, for a fee

 

A customs broker is someone who assists importers and exporters in meeting government import and export regulations.

Brokers submit required info and payments to governmental bodies on behalf of its customers and claim a fee for the services in entry procedures, admissibility requirements, classification, valuation, and the rates of duty and applicable taxes and fees for imported products.

A customs broker is a term that refers to the person who acts as an intermediary between the importer and the government’s customs department in the country of import.