Companies engaged in global trade face complex import, export, and border security customs and regulations. Managing global supply chains requires navigating the laws of multiple jurisdictions to maintain compliance, qualify for benefits, and keep costs low. Whether the customs function is in-house or outsourced, obtaining full insight into the global customs profile of a multinational is often difficult, if not impossible.
Deloitte’s export compliance professionals advise on duties, taxes, risks, penalties, and consequences of noncompliance. We help standardize and automate trade and customs duty compliance processes, allowing clients to operate more efficiently at lower risk. Standardization and automation can also help businesses capture the benefits of special trade programs.
Amid rising demand on global trade compliance resources, now is the time for a new approach with leading-edge technologies and consistent methodologies. Deloitte’s Trade Classifier software uses AI and ML to streamline and automate export control classifications to reduce manual effort and the risk of human error, while improving accuracy, consistency, and quality.
Global Trade Radar is an innovative, multi-jurisdictional customs data analytics solution that provides companies with insights into their global customs profile, facilitates informed decision making, identifies cost-savings opportunities and addresses potential compliance weaknesses.
Our services include: