Visit Our Sponsors
Imagine the scenario: You have done a fantastic job servicing the domestic reverse logistics needs of your multinational client. Your process is bullet proof, your service levels exceed benchmarks, and you are in the black. Impressed, your client asks you to take on their EU business. All you need to do is port over your process flows... right? Not so fast.
One of the first issues that you need to understand are the laws within the involved country (or countries) as well as any rules and regulations, such as taxes and tariffs, that focus specifically on border crossing of defective or non-working electronics. Not taking the time to understand the legal system could result in fines and/or costly delays.
In addition, labor, transport and disposal costs vary vastly from country to country, not to mention that product classifications vary as well.
Read Full Article
Keywords: international trade, global trade laws, international commerce, trade law, returns strategies, supply chain risk management, supply chain management
Enjoy curated articles directly to your inbox.