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”
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)”
“It was one small bite for man, one giant leap for #NASAVEGGIE” — A tweet yesterday from astronaut Scott Kelly, after he became one of the first to try space-grown lettuce…in space. SAP Global Trade Services 11.0 release may not have reached #NASAVEGGIE level notoriety, but in the trade world, the release of GTS 11.0 is noteworthy. … Continue reading “Reaching New Heights with GTS 11.0”
