How to Leverage Trade Agreements to Reduce Costs
We wanted to let you know about a free webinar that will focus on how your company can take advantage of trade agreements to maximize its bottom line. The webinar will take place on June 2, at 2:00 EDT, although registrants will be able to access the event at any time after that date. Registration is available here.
Here are some additional details on the webinar:
With manufacturers spending 50% or more of revenue on purchasing parts, sourcing from low cost countries has become an important business strategy in the past ten years. The next level of savings from a low-cost country sourcing strategy is in how a company can leverage trade agreements to reduce landed costs – specifically duties. This webinar will demonstrate how Global Trade Management (GTM) automation is central to achieving this next level of cost savings from low cost country sourcing strategies already in place.
By attending this session, you will walk away with:
- Best practices for leveraging Trade Agreement programs to lower the cost of purchased parts and creating competitive pricing opportunities for the parts you sell
- An in-depth understanding of the technology available to communicate with suppliers and manage key FTA information and documentation for their parts
- Examples of how you will be able to leverage your existing business data to qualify parts for multiple FTAs simultaneously using rules of origin content
- Key metrics and ROI models that can be used to make a case for implementing a corporate FTA program
Also, be sure to check out the globalEDGE Multinataional Sourcing module for additional information on this topic.