Leveraging Trade Agreements to Reduce Global Sourcing Costs

Multi-national manufacturers have become adept at reducing the landed costs of goods by leveraging trade agreements to minimize duty obligations. Annual savings can be substantial — potentially millions of dollars.

This white paper presents five best practices for companies to leverage trade programs and maximize their benefits. Using trade agreements effectively requires deep compliance expertise. Using them efficiently requires a rich regulatory content database and connections to the rest of the supply chain. It also requires technology to ensure compliance and efficient trade process execution.