Case in Point, Mis Classification of Sub Assemblies

On November 19, 2010, in Case Studies, by Nigel Fortlage

3640490 s 300x300 Case in Point, Mis Classification of Sub AssembliesA multi-national vehicle manufacturer, serving markets in Europe and North America, failed to accurately classify a major component imported by one of the their Canadian divisions, resulting in overpayment of duties by $250,000 annually. It is estimated that the impact of this omission after production burden costs and overheads were applied, was double that amount at the point of sale, resulting in margin erosion.

pixel Case in Point, Mis Classification of Sub Assemblies
Tagged with: