Krypt Blogs | FTZ

Information and Insights on Global Trade and Supply Chain Solutions


Waived customs duties on zone to zone transfers

Foreign Trade Zones serve multiple purposes including managing transshipping operations and saving money on manufacturing processing fees. Typically companies use FTZs for exports. However, Foreign Trade Zones can also be used to take advantage of crossdocking and transferring goods from one FTZ to another – often referred to as zone to zone transfers ­- without … Continue reading “Waived customs duties on zone to zone transfers”

By: Team Krypt - May 3rd, 2017

Bonded Warehouse vs. Foreign Trade Zones (FTZ)

As an importer, both Bonded Warehouses and Foreign Trade Zones can be financially beneficial when thinking about storage and warehouse distribution. But how do you know which to use and in which circumstances? Let’s take a closer look. Bonded Warehouse Definition A secure building or area (Customs Warehouse) in which dutiable goods can be stored, manipulated, … Continue reading “Bonded Warehouse vs. Foreign Trade Zones (FTZ)”

By: Team Krypt - July 18th, 2016

FAQ: Foreign-Trade Zone (FTZ)

In the light of SAP GTS 11.0 release featuring Foreign-Trade Zone (FTZ) capabilities, and as we gear up for the NAFTZ conference, we are compiling an FTZ FAQ. If you have additional questions which should be added or simply ones you’d like answered, please let us know! Don’t forget to register for the Annual NAFTZ … Continue reading “FAQ: Foreign-Trade Zone (FTZ)”

By: Team Krypt - September 2nd, 2015