The impact of free trade agreements is often overlooked when making planning decisions, including sourcing/re-sourcing and manufacturing plant location. Companies establish production in free trade areas without considering its benefits or buyers weigh the prospects of sourcing from lower-cost suppliers in far-flung markets without the tools to consider free trade implications. Yet ignoring these details raises the chance of unexpected duty costs that can negate cost savings.
Make key decisions based on sound origin information with PwC's help
To help determine free trade's impact on your production and procurement decisions, OriginCompliance™ provides on-line visibility into supplier, product and origin data and alternate scenario testing functionality. Producers considering production in a particular market can find out whether they can take advantage of the available free trade agreements. And they can make procurement decisions knowing the impact on a finished product's free trade qualification status.
Contact a member of our team today so we can help you automate and simplify your free trade processes.