Tuesday, April 14, 2009

How 10+2 Can Be Put to Real Use

(Journal of Commerce – Peter Tirschwell)

Implementing 10+2 may be a costly hassle for many importers, but for many it will reveal data about their supply chains that until now had been beyond their reach. For example, the requirement that the factory be included on the 10+2/ISF filing means that the importer will always know, assuming it obtains accurate data, which factories are making its merchandise at any given time and which service providers it is using for transportation.

John Motley, the CEO of Log-Net, sees a lot of opportunity here. For example, knowing where a factory is located, an importer might decide as part of a green initiative to use the closest port rather than one further away that is chosen by a carrier or intermediary. Read more here.