Logistics, Trade Administration and Supply Chain

Analyst Insight: Global trade compliance remains a topic that most C-level executives successfully ignore. This should not be regarded as an accomplishment but as a serious corporate deficiency that will affect a company's bottom line and its ability to compete on a global basis. Ignorance of global trade compliance is no longer an option. – Beth Pride, president, BPE Global Profit & loss statements still ignore the intricacies and costs of crossing borders. True product landed cost remains buried and unexplored in most companies. The decision to market and sell products in a new country or region seldom considers how challenging it is to accurately clear goods from an export and import perspective. Now the U.S. election has brought this issue front and center. As president-elect, Donald J. Trump announced a goal to impose a 45-percent tariff on Chinese imports. At the very least, C-level executives should look at their current costs for goods sourced from China and es...