A Foreign-Trade Zone is a strong solution for companies sourcing foreign, high dutiable goods, those performing kitting, processing, or production on imported merchandise, or those who are paying the maximum Merchandise Processing Fee (MPF) on entries. If you are lacking the resources and time to implement an FTZ into your supply chain, GEODIS has the expert capability and scale to both administer and operate your Foreign-Trade Zone.
GEODIS currently provides Foreign-Trade Zone administration and brokerage for more than 15 sites, saving customers millions of dollars annually. By utilizing GEODIS as your Foreign-Trade Zone administrator, you will reap the benefits without having to worry about the behind the scenes of an FTZ. You provide the product and we provide the expertise. GEODIS’s FTZ administration consists of an experienced team of customs specialists and trade services experts that will ensure compliance and control of your Foreign-Trade Zone.
Foreign-Trade Zone (FTZ) activity for warehouse and distribution operations increased 45% year-over-year in 2013. Many companies are realizing, and capitalizing on the benefits of FTZ – whether it’s reduced Merchandise Processing Fees or improved cash flow. Let us help you see if it makes sense. What makes GEODIS’s solution unique is our end-to-end management of a FTZ coupled with our and our pre-integrated systems to manage the entire process.
GEODIS will support your Foreign-Trade zone needs through classification and customs entry processing all while reducing your Merchandise Processing Fees (MPF), eliminating the high cost of processing duty drawbacks, and improving your cash flow. Interfaced with internal and external parties, including Freight Forwarders and Customs and Border Protection, GEODIS will ensure compliant admission into your Foreign-Trade Zone. In addition, we have the expertise to monitor your activities and operational changes and will make recommendations to not only keep you compliant, but to help you take advantage of all zone savings.
GEODIS has a wide variety of experience with Foreign-Trade Zones across industries including Retail/Apparel, Food & Beverage, Consumer Electronics, and Manufacturing. Our Trade Services team has expertise across all industries, government agencies, regulations, and ports so that we can help you stay ahead and plan accordingly upon any market changes.