Implementation Challenges of a China Plus One Strategy

Implementation Challenges of a China Plus One Strategy

We’ve all heard of China Plus One, a strategy companies are employing to reduce supply chain risk associated with exclusive reliance on China factories for production. Discussions on this topic typically deal with high-level questions like “Does it make sense...
Helicopter Shipping: Keys to Success

Helicopter Shipping: Keys to Success

The average cost of a new helicopter is about $2 million USD, with the most expensive brands costing up to $27 million. That’s why helicopter shipping is such a concern for sellers and buyers who need this expensive cargo to arrive on time and damage free....
How to Minimize a U.S. CBP Audit: A Practical Guide

How to Minimize a U.S. CBP Audit: A Practical Guide

If you import into the U.S., the risk of being audited by U.S. Customs and Border Protection (CBP) is growing. In 2023, CBP completed 435 audits, collecting USD $114.5 million in penalties from audited companies. Those companies also paid their staff for many hours of...
International Trade Compliance: The Role of Technology

International Trade Compliance: The Role of Technology

Software and other automation solutions exist to make it easier to manage complex tasks or functions. The more complex, the more upside to using software to manage the details. But when it comes to the complex processes involved in international trade compliance, a...