LTD Management
Logistics & Supply Chain Management Consulting Global Solutions That Work
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10+2 - IMPORTER SECURITY FILING - IT'S ABOUT MORE THAN FILING 10 DATA ELEMENTS

Supply Chain Asia
www.ltdmgmt.com

10+2 is often viewed initially as "my broker will do it" or similar comment by Importers. The filing process may not be straight-forward and may be challenging, especially for small-medium enterprises (SMEs) who are trading partners. This includes importers, forwarders, customs brokers and others. Some key issues are-

10+2 is more than just a systems topic for electronic filing via the Automated Manifest System or Automated Broker Interface portal. Carriers have indicated they are not going to do the filing because they do not want to make changes to their systems. Again, getting accurate and timely data by just one party is an issue whether they are NVOs, forwarders or customs brokers.

Importers must assess how they will timely and accurately gather the data and file the initial ISF, how they will file the final ISF, possible changes in how they buy and sell to place filing responsibility on the other party, how to deal with multiple suppliers in a container since each supplier would be a separate ISF, and other details.

As they say, stay tuned.
BY: Tom Craig, LTD Management
Email:tomc@ltdmgmt.com