Foreign-Trade Zones (FTZ) and free trade agreements (FTA) offer the most direct and significant duty and tariff reduction opportunities for importers and exporters, according to an April 2014 Aberdeen Group study. In fact, 57 percent of companies surveyed in the report have, or will build, FTZ infrastructure into their business to support global transformation and reduce total landed costs. Automating FTZ operations is the best way to ensure compliance with government regulations and save costs.
That's why Mercury Marine, a leading marine engine manufacturer, is using Amber Road’s Foreign-Trade Zone (FTZ) software to manage its FTZ operations at its new distribution center in St. Louis.
“We needed an easy way to support our quick turnaround times, manage the FTZ process and provide inventory visibility and tracking,” said Melanie Rohde, FTZ manager at Mercury Marine. “Choosing software over a broker, an in-house solution or error-prone manual processes was an easy decision.”