Integrated Trade Compliance Strategies: Seven Best Practices of Leading Traders
This past week GHY International released its second white paper in the Integrated Trade Compliance Strategies series. This paper authored by Reynold Martens, Executive Vice President of GHY International and President, GHY USA, Inc. Reynold was the author of the original White Paper titled: A Case for an Integrated Trade Compliance Strategy.
This white paper builds upon the previous one by highlighting 7 best practices of leading traders. The data collection was a result of operational understanding, interviews with traders (Clients and non clients), and survey information collected earlier in 2011.
The result is a white paper that takes the foundation that was established in the first white paper that an Integrated Trade Compliance Strategy model is the correct one to use, now builds on the elements that result in getting the construct of that strategy right the first time.
While each organizational structure and culture are unique, these 7 best practices of leading traders and common threads that run between all of them.If you would like to read the original white paper: A Case for An Integrated Trade Compliance Strategy you can view it on Slideshare from this link.
Also in this series:
• Corporate Leadership is Essential to Effective Trade Compliance
• Trade Compliance Needs to be Owned by a “Champion” or Team Within the Organization
• Successful Trade Compliance Depends on Benchmarking
• Automating Your Trade Compliance Success
• Effective Communications Protocols are Vital
• Integrate Trade Compliance Into Plans For Growth & Expansion Into New Markets
• Team up with Professional Service Providers for Compliance Success
• Putting Best Trade Compliance Practices Into Action
• Best Practice Compliance: Benchmarking Questions