As companies turn to the supply chain to wring out additional cost savings, one of the most exciting areas of value creation is in the area of Foreign Trade Zones (FTZs). FTZs were established in 1934 to stimulate economic growth by allowing companies to operate in a specially designated area, outside the Customs territory of the United States. Now, 75 years later, companies are still generating tremendous returns by reducing or eliminating duty payments, and minimizing transactional costs. This webinar will help you build your business case for an FTZ as well as present a case study of best practices in the application, activation and on-going administration of a zone.
What you will learn:
- The overall process to apply for and certify an FTZ
- The key business benefit areas to present to senior management for approval
- Best practices in on-going administration of your FTZ
- How an FTZ fits in an overall Global Trade Management deployment
Expert Speakers Will Include:
Craig M. Pool, President, Foreign-Trade Zone Corporation
Mr. Pool has in-depth experience in all aspects of the Foreign-Trade Zones Program from conducting cost-benefit analysis to activating facilities with Customs and Border Protection. During Mr. Pool’s 20 years as President and Senior consultant of the FTZ Corporation, he has successfully developed and implemented many procedures and processes that are considered commonplace today in FTZ Operations.
Mr. Pool first gained his experience through the hands-on operation of high volume FTZ logistic projects. To date, the FTZ Corporation has assisted well over 275 clients in molding their FTZ projects, and maximizing benefits.
Mr. Pool has served as the leader of Customs Automation efforts on three separate occasions since 1998; two on behalf of the National Association of Foreign-Trade Zones and one at the request of CBP themselves. Mr. Pool has provided training to several Government agencies, including the Bureau of Census, CBP, and FDA.
Mark Hardison, Director Global Supply Chain, Banner Pharmacaps
Mark successfully led Banner’s effort to establish a foreign-trade sub-zone in November 2009. In turn, Banner experienced an amazing return on investment for the project in less than one year.
Mark is a frequent speaker and instructor in a number of professional venues. He will attain his undergraduate degree in Business Administration from Strayer University in March 2011. He is recognized as being Certified in Production and Inventory Management (CPIM) and a Certified Supply Chain Professional (CSCP) with APICS - The Association for Operations Management. Mark is also recognized as Certified Human Behavior Counselor (CHBC).
Nathan Pieri, SVP Marketing & Product Management, Management Dynamics, Inc.
Nathan Pieri has been involved in supply chain management for the past twenty years. He started his career at General Electric where he worked in Procurement and Global Logistics for both commercial and defense business units. After receiving his MBA he joined Coopers and Lybrand and focused on SCM projects for Consumer Goods and Manufacturing companies. Following Coopers he translated his industry experience and led the development of the e-commerce product line for Baan. Nathan has been with Management Dynamics for the past six years and is responsible for the marketing and product management of their GTM solutions.