Choosing a freight forwarder is one of the most important business decisions faced by growing and successful businesses today; as new markets and opportunities open up you need a logistics partner who will deliver goods safely and on-time to a wide variety of destinations, both national and international.
Duty Deferral Via The Use of a Foreign Trade Zone -FTZ & Distribution Services in Michigan
A Foreign Trade Zone (FTZ) like TVI Logistics is a government designated facility that allows duties & taxes to be deferred until the goods leave the facility. Supervised by U.S. Customs, items can be imported into the zone, and then stored, kitted, assembled or otherwise modified. Then when the goods leave the trade zone, that’s when duties are charged. These zones were set up by the Federal Government to “even the playing field” and offset advantages that some overseas suppliers have in the customs process. A Foreign Trade Zone is a secure area under the supervision of the Bureau of Customs and Border Protection (CBP). FTZs are considered to be outside of the Customs territory of the United States for the purposes of payment of duty. Such facilities were created for the purpose of increasing global trade and function under the Foreign- Trade Zones Act of 1934, (FTZ Act) as amended (19 U.S.C. 81a-81u), and the FTZ Board’s regulations (15 C.F.R. 400).
TVI hosts a import/export seminar at Chrysler Headquarters
This month, the TVI Logistics team had the opportunity to host a seminar teaching automotive suppliers “How to Reduce Your Total Landed Costs” at the Fiat Chrysler Automobiles Headquarters (FCA) located in Aurburn Hills, Michigan.
This hour-long session was lead by our Director of Business Development, Axel Cooley, where she highlighted how TVI can serve to significantly decrease Customs Duties & Fees, Customs clearance time, and inventory costs to improve profitability. A combination of Top Level Purchasing / Supply Chain and Logistics Management team members attended.
If you missed this important workshop, we are more than happy to host a special session at your headquarters for you and your team. Contact the TVI Team at acooley@tvilogistics.com for more information!
When you choose a freight forwarding company you are choosing a business partner who you will hopefully work with successfully for many years to come, a partner who will become an integral part of your operations. With TVI Logistics you find a Reliable Freight Forwarding Company In Detroit, MI. With logistics and supply-chain optimization vital to the success of your business this isn’t an area you can afford to get wrong; the cheapest rates and the lowest logistics costs are not normally desirable if they lead to compromise in other areas.
To help you decide which freight forwarder to use, we’ve established five must-have qualities that if present in your chosen partner are likely to contribute to a long, successful and rewarding business relationship for both parties.
If your business model calls for the use of a third-party distributor, it is important to keep several facts in mind when you choose that important partner. The first of those facts is that use of the word “partner” – you aren’t simply selecting a shipping firm. Your Right Distributor for Your Supply Chain in Michigan is located in Warren. TVI Logistics will work with you to understand your specific needs and expectations and work hard to meet or exceed them.
In a supply chain, which exists to move goods from one point to another, no factor is more important than how goods are physically transported. Because how goods are transported is the most important part of a supply chain, nothing would alter the industry as much as a change in the transportation of goods. Driverless vehicles, specifically, are close to being the next big thing in supply chain management—and there’s historic precedent to believe they will greatly disrupt the industry. That’s why TVI Logistics, Your Supply Chain Management Company, we help companies make an impact.
Companies of all sizes are becoming increasingly aware that details logistics are a critical part of their competitive positioning. Customers are more demanding and markets less forgiving when it comes to all aspects of the logistics chain across all industries. Because of these factors, the selection of the right warehousing and distribution center solution must be a top-level management priority.
There is an old saying among planners with military backgrounds – amateurs focus on strategy and tactics, while professionals focus on logistics. Those planners have learned through many years of experience that modern armies don’t function without the supplies and support that let them do their job. In other words, you can have the best strategy in the world along with unbeatable tactics, but if you can’t get food and fuel to the right place at the right time, none of that matters. TVI Logistics Specializes in Logistics, Distribution and Air Freight Services.
Distribution and Supply Chain is an interrelated mechanism of resources, facilities and transportation systems that moves goods from producers to consumers. A distribution network is the system a company uses to get products from the manufacturer to the retailer. A fast and reliable distribution network is essential to a successful business because customers must be able to get products and services when they want them.
