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Name:
UPS
Address:
55 Glen Lake Parkway, NE
City: Atlanta,
GA 30328
Phone
Number: (800) 833-0056
CEO:
Michael L. Eskew
Products:
Logistics
UPS TradeAbility and an
enhanced version of Quantum View Manage with new features for
importers are Web-based management tools that help international
shippers better manage the customs clearance process for package
shipments.
In 2003, $1.25 trillion in goods entered
the United States. And by 2020 an estimated 85 percent of
manufactured goods will be sold across borders, versus about 20
percent in 2002, according to McKinsey & Company.
However, in today’s environment, managing
cross-border shipping is increasingly complicated and risky.
There is a bewildering array of rules, issued by more than 200
sovereign nations around the world, and the rules are in a
constant state of change. The complexity of trade rules makes
manual compliance processes slow, expensive and error prone, and
the high cost has led some shippers not to sell internationally,
eliminating one of their best opportunities for growth.
By helping international shippers improve
regulatory compliance, reduce operating expenses, and streamline
global supply chains, these new services help transform
cross-border shipping from a daunting challenge to a competitive
advantage.
UPS TradeAbility
UPS TradeAbility helps international
shippers to quickly and easily identify harmonized tariff codes,
generate landed cost estimates, and locate up-to-date compliance
information.
TradeAbility tools are available on
UPS.com or can be integrated into a customer’s business
applications or Web site using Web Services, technology that
allows developers to more easily link computers, software and
networks through standard interfaces. TradeAbility is the first
UPS service to be made available via Web Services technology.
Key services include:
•Harmonizer: Quickly and accurately
identify and apply a product’s harmonized tariff code, used to
describe goods for duty calculation, tariff assessments and
documentation filings. This replaces a process that is often
done manually requiring employees to physically search through
many volumes of product codes.
•Landed Cost: Estimate the cost to move a
shipment across borders, including duties, taxes, and
transportation charges. Accurately estimating landed costs helps
exporters provide shipping rates with all duties and taxes
included at the time of order, speeding cash flow and reducing
the number of refused shipments and returned products.
•Denied Party Screener: Search for
restricted trading partners as defined by the United States
government, as well as countries embargoed by the United States.
•Import Compliance: Verify compliance of
import shipments with country-specific trade regulations,
procedures, tariffs, laws, and administrative rulings.
•Export License Detector: Proactively
identify U.S. government export licensing requirements and
exceptions.
•International Forms: Complete forms
online or browse a library of online and downloadable
documentation for both export and import shipments.
•Transaction History: Provides an audit
trail for compliance checks and decrease potential penalties and
fines. Customers can store and access detailed records of their
TradeAbility transactions for reporting and compliance purposes.
Transactions are available for 90 days, and customers also can
download a single transaction or their entire transaction
history for their permanent records.
At launch, the services are available to
customers in 31 countries, to manage the movement of goods for
34 countries representing more than 85 percent of world trade.
Throughout 2005, UPS plans to add trade content for an
additional 30 countries.
Unlike services offered by competitors,
TradeAbility requires no up-front outlay of funds or
subscription fees. Services are offered free of charge
(Harmonizer, Forms), or for a small transaction fee ($2 for
Landed Cost; $1.25 for Denied Party Screener, Import Compliance,
Export License Detector.
UPS Quantum View
Quantum View Manage, UPS’s popular
visibility solution, has been enhanced to provide U.S. importers
access to their UPS customs brokerage data and clearance
document images as well as new tools to help facilitate customs
clearance and compliance.
Accessed through a new view called
Imports, the tools help U.S. importers clear shipments into the
country, audit cleared shipments for correct classification, and
efficiently and consistently archive shipments. Customers can:
•View UPS Customs Brokerage data online
in a customizable format.
•View clearance document images,
including the Commercial Invoice and Entry Summary Customs Form
7501.
•Upload product catalog information.
•Request a CD-ROM of up to five years of
historical clearance document images.
•E-mail UPS Customs Brokerage regarding
the status of specific shipments or to inquire about previously
rated shipments.
Primary focus industries
While these tools can provide a
competitive advantage for almost any company engaged in
cross-border shipping, they are particularly useful for
manufacturers and retailers in what U.S. Customs and Border
Protection (US CBP) has identified as Primary Focus Industries.
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