In the spirit of Transport Month, it is important to raise awareness of proactive compliance among all traders who transact internationally.
It is imperative that importers and exporters proactively manifest compliance by facilitating risk management within their supply chains at the earliest possible stage ie, inventory forecasting, preceding the purchase order milestone well in advance.
As far as possible, where the locus of control exists, advance planning is essential to ensure that the regulatory requirements of both the country of export and country of import are adhered to, and where constraints or anomalies are identified, to address these via the respective stakeholder channels which, in most cases, are the organised bodies to which the relevant trader’s business is affiliated.
- Read the full column here: "The key to proactively manifesting compliance."