Introduction to Supply Chain, the importing process & the Brexit Effect

What is a Supply Chain?

• Gain a better understanding of your client and their Supply Chain

Supplier Relationships

• 6 Key elements in a Supply Chain

Importing

• Import and Export Documentation
• Key documentation for international trade
• Import Documentation

Brexit Effect

• Brexit financial impact
• Brexit Supply Chain impact
• Wider implications of Brexit for International trade

Role of UK Customs, Duty & Excise and Customs Duty

Role of Customs

• HMRC
• UK Customs
• Role of UK Customs
• Main Responsibilities
• Customs strategic objectives

Duty & Excise

• What are customs and excise duty
• Duty valuation
• Importance of correct method
• World trade organisation
• 6 Methods to calculate

Customs Duty

• Customs duty recap
• Customs special procedures
• Returned goods relief
• Duty recovery mechanisms
• Other considerations

AEO, Classifying goods and Import & Export Documentation

Authorised Economic Operator (AEO)

• What is AEO?
• Who should pay and why?
• Criteria and application process
• Audits and managing AEO status

Classification of Goods

• Why do we classify goods?
• Classification structure

Import & Export Documentation

• Introduction
• Key Documentation for International trade
• Import documentation
• VAT
• Export documentation
• International trade documentation

Incoterms & CDS

• Incoterms 
• CDS (Custom Declaration Service)

Supply Chain Management Overview

• Objectives of the session
• Definition of Supply Chain
• Supply Chain Configurations
• A process view of the Supply Chain
  • Supply Chain Planning
  • Procurement
  • Production
  • Inventory Management
  • Distribution (Warehousing and Transport)