{"id":694,"date":"2020-11-24T13:13:22","date_gmt":"2020-11-24T13:13:22","guid":{"rendered":"http:\/\/lindabazant.com\/?p=694"},"modified":"2020-12-08T13:53:21","modified_gmt":"2020-12-08T13:53:21","slug":"supply-chain-transition","status":"publish","type":"post","link":"https:\/\/lindabazant.com\/?p=694","title":{"rendered":"Supply Chain Transition"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; transparent_background=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.7.3&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2><b><span data-contrast=\"auto\">Transition<\/span><\/b><\/h2>\n<h3><b><span data-contrast=\"auto\">Supply Chain\u00a0 &#8211; Beware the trip hazard in your business<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/h3>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Despite all of the gloom, doom and bickering, over the Free Trade Deal negotiations, a deal is still possible.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">I would caution, however, that there is a general consensus of opinion among some businesses that, if there is a trade deal, we won\u2019t have to worry about customs declarations and all of the accompanying paperwork.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-ccp-props=\"{}\">Customs Declarations\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">This is NOT the case. The Free Trade Agreement is about tariffs not customs declarations.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">I cannot impress upon you enough how important it is, if you export to or import from the EU for you to have a complete awareness and understanding of the administrative tasks that you will need to complete.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-ccp-props=\"{}\">Incoterms\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">This applies to not just your export\/import personnel but also, senior management, the negotiating team (ensuring correct Incoterms are in place), the legal team, insurance teams, finance department.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-ccp-props=\"{}\">Supply Chain\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">And, of course, your supply chain. Don\u2019t let them be the trip hazard in your business. Make sure they\u2019ve got all their ducks in a row too!<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-ccp-props=\"{}\">Commodity codes\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">As an example, commodity codes that you use on the documentation must be accurate.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">It has become the habit of some traders when dealing with the EU to just use the first commodity code on the list when dealing with Europe.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">You may be interested to know that the \u201cdefault\u201d commodity code that has been used means that the UK has shipped more pure-bred stallions than have ever actually existed in the UK!<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-ccp-props=\"{}\">\u00a0Customs brokers<\/span><\/h3>\n<p><span data-contrast=\"auto\">And whilst you may have customs brokers, freight forwarders and shipping agents who will do all they can to assist you, the responsibility for correct and timely paperwork is yours, the trader.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">The UK is currently trying to hire and train 50,000 customs brokers to deal with the shortfall.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h3><span data-contrast=\"auto\">Government Training Grant<\/span><\/h3>\n<p><span data-contrast=\"auto\">T<\/span><span data-contrast=\"auto\">he government has provided a\u00a0<\/span><span data-contrast=\"auto\">\u00a3<\/span><span data-contrast=\"auto\">50<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">million\u00a0<\/span><span data-contrast=\"auto\">grant<\/span><span data-contrast=\"auto\">\u00a0for\u00a0<\/span><span data-contrast=\"auto\">export\/import\u00a0<\/span><span data-contrast=\"auto\">training, to\u00a0<\/span><span data-contrast=\"auto\">enable<\/span><span data-contrast=\"auto\">\u00a0companies to learn about customs<\/span><span data-contrast=\"auto\">\u00a0paperwork.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">Some<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">of that fund will also pay for\u00a0<\/span><span data-contrast=\"auto\">you<\/span><span data-contrast=\"auto\">\u00a0to employ new staff\u00a0<\/span><span data-contrast=\"auto\">specifically to handle exports and imports.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">In addition, you can<\/span><span data-contrast=\"auto\">\u00a0also claim for any new\u00a0<\/span><span data-contrast=\"auto\">IT<\/span><span data-contrast=\"auto\">\u00a0systems that\u00a0<\/span><span data-contrast=\"auto\">you\u00a0<\/span><span data-contrast=\"auto\">may need to<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">cover the new declarations<\/span><span data-contrast=\"auto\">.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">This means that any training costs can be recovered.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.7.3&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.7.3&#8243; _module_preset=&#8221;default&#8221;][et_pb_team_member name=&#8221;Linda Bazant LLB (Hons)&#8221; position=&#8221;Barrister&#8221; image_url=&#8221;http:\/\/lindabazant.com\/wp-content\/uploads\/2020\/11\/Man_JC_2609_1746lowsq-300&#215;300.jpg&#8221; linkedin_url=&#8221;https:\/\/www.linkedin.com\/in\/lindabazant\/&#8221; _builder_version=&#8221;4.7.3&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; body_line_height=&#8221;1.9em&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span>Linda is a regular speaker and panellist for Richmond Events and is a Transition adviser and online trainer for Surrey Chambers of Commerce. Events include: The EUGDPR Global Conference,\u00a0 Data Protection World Forum,\u00a0 Scope TV programme on IndusDotNews, Business Connections Live and LBC. She continues to be a Transition keynote speaker and panel member in addition to providing consultancy, bespoke training and regular webinars for her clients.<\/span><\/p>\n<p><span>Linda Bazant is an Entrepreneur and Barrister. She is a member of Gray\u2019s Inn and the Bar Association of Commerce and Finance in Industry (BACFI). Linda is also an affiliate member of The Institute of Export &amp; International Trade. Linda specializes in compliance and corporate governance, she advises major blue-chip companies on the implementation of legal process and procedures.<\/span><\/p>\n<p>[\/et_pb_team_member][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; transparent_background=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.7.3&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; sticky_enabled=&#8221;0&#8243;] Transition Supply Chain\u00a0 &#8211; Beware the trip hazard in your business\u00a0 \u00a0 Despite all of the gloom, doom and bickering, over the Free Trade Deal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,19],"tags":[],"class_list":["post-694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brexit","category-training"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Supply Chain Transition - LInda Bazant<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lindabazant.com\/?p=694\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supply Chain Transition - LInda Bazant\" \/>\n<meta property=\"og:description\" content=\"[et_pb_section fb_built=&#8221;1&#8243; 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