The threat of terrorism remains and is an unacceptable but real part of today's world. With increasing risks to global transportation networks by terrorists the introduction of a new Importer Security Filing (ISF), known as the "10+2" initiative, has been created.
Complying with this new regulation presents challenges to Retailers. Products cannot be shipped unless the correct information has been filed by a specific deadline. The process of capturing the right information, at the right time is complicated by Manufacturers, Vendors and Buyers working across multiple geographies, time zones and languages.
Most Retailers already have a myriad of costly-to-maintain solutions in place today, duplicating data and involving labor-intensive processes. Point solutions to resolve "10+2" compliance just add to the complexity.
Subscribing to TradeStone Software's "10+2" compliance service ensures full and timely compliance with the new ISF regulations. Through effective online collaboration, early data capture, automated validation and visibility, you can replace labor-intensive and error prone processes, helping you reduce the risk of delaying the clearance of goods and minimize associated costs.
Read Gartner's brief review of how PLM & Sourcing solutions can support the '10+2' requirements.
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"TradeStone's ‘10+2' capabilities have enhanced the ‘glass pipeline' we have created that provides the organization with greater supply chain visibility and facilitates regulatory compliance.""
— Mark Rose, Senior Vice President, Chief Supply Chain Officer, The Children's Place