
06.03.2015 : News
Do you need C-TPAT?
As a franchisor or a franchisee, do you have to export your products to the United States? Or will you be doing so in the future? If so, it is of utmost importance to take all required measures to ensure a smooth process. The Customs-Trade Partnership Against Terrorism (C-TPAT) seeks to safeguard the trade industry from terrorists while maintaining the economic health of participating countries. The C-TPAT certification is a means of sensitising companies of the importance of supplying products that abide to a high level of security.
Did you know that in 2012, Canada was USA’s second largest supplier? With a total of US $324.20 billion, the export rate had increased by 2.8% compared to 2011. If you wish to export your products to the US, the C-TPAT certification offers you several advantages based on the tiered benefit levels set. Here is an overview:
Rapid Customs Clearance
According to the Customs & Border Protection (CBP), C-TPAT importers are 4 to 6 times less likely to incur a security or compliance examination. Certified members also have a dedicated lane.
Substantial Savings
In addition, if a C-TPAT container has been selected for an examination, it can be moved ahead of other non-C-TPAT shipments. This can lead to considerable savings in both time and money.
Business Continuity
The above two points can help reduce the risk of incurring a major business hazard: running out of stock. With a greater ability to predict lead time, more accurate inventory forecasts can be made so that goods are received as per your schedule.
Marketability
C-TPAT certification and membership also impact your reputation and brand equity. By deploying considerable measures to ensure security at all levels within your enterprise, you will stand out from competitors and earn greater confidence from business partners.
Striving for excellence
C-TPAT members should implement stringent security measures in their Supply Chain as well as on their production sites. Those who stand out in terms of innovation and excellence will be the ones to benefit from a wider range of privileges.
As a C-TPAT member, you will also have access to the list of corporate members and pick up certified service providers. To learn more on C-TPAT, contact us now 1.877.359.8130.
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