Customs authorities in most parts of the world require traders to classify their imports and exports according to the 6 rules of classification published by the World Customs Organization or…
Can AI run supply chains? Supply chains may be complicated systems, but modern machine learning techs and artificial intelligence have allowed us to consider the possibility of AI running supply…
Shippers all over the world have to prepare invoices that are used for export Customs clearance and in most cases, these same invoices are used for import Customs clearance in…
Businesses involved in cross border trade may find themselves dealing with several different product classification systems, each with different purposes. It is important for traders to classify their products correctly…
Most compliance managers in supply chain functions would readily agree that they hold ethical practices in high regard and likewise hold a firm moral high ground when making decisions in…
HS classification of chemicals is challenging because until most other commodities, it requires technical expertise in chemistry and knowledge of how to determine a HS code using the general rules…
In light of the Covid-19 situation, many traders now find themselves attempting to import or export pharmaceuticals, medical support products and medical devices across borders. However, since many of these…
The World Health Organization(WHO) and the World Customs Organization (WCO) have jointly published a reference document listing the HS classification of medical equipment being heavily traded in response to the…
Note: This is an opinion editorial article that will not reach you how to do HS classification. In order to fully enjoy this article, you must already be familiar with…
