Supply Chain Management
"A man who does not think and plan long ahead will find trouble right at his door.” (Confucius)
Plan your Supply Chain
The above pictures an example of a centralized business model to be implemented for a particular MNC. This model is an extremely powerful example of how MNC's may set up their supply chain in order to optimize the business and also corporate tax position. It also shows that supply chain optimization is a complex and highly integrated process. Supply chain changes are generally driven by the business requirements of the company.
Supply Chain Optimization typically results in
- Increased customer satisfaction
- Optimizations of working capital and minimization of cash flow costs
- Enhanced supply chain capabilities and security
- Reduction of inventory investment and costs
Fortunately, currently many companies do take legal-, systems- and also direct tax issues into consideration. However, an area which is often overlooked is still the indirect tax (customs duties, customs regulations and VAT). Based on the examples provided under "customs impact on supply chain changes" (see below), it is clear that advantages can also be obtained by simultaneously looking at the customs and related indirect tax aspects. Therefore, due account should also be taken with respect to the customs related aspects.
Any Customs Impact on Supply Chain Changes ?
CustomsAdvisoryPlus has identified the customs impact on the various supply chain changes under:
Customs Impact Intellectual Property design
Customs Impact Manufacturing Design
More information: contact info@customs.a.plus.com