This leading automotive parts manufacturer provides electrical/electronic, active safety and thermal technology solutions to global automotive and commercial vehicle markets. The company engages in both Processing and General Trade in China.
Managing over 50,000 trade items for its 22 facilities across China has brought various challenges, including inefficient Customs declaration processes, Customs and HS classification procedures that varied by facility, declared prices questioned by Customs, and bonded material discrepancies when closing Handbooks.
By implementing Amber Road’s China Trade Management solution, this automotive parts manufacturer achieved the following benefits:
Realized duty savings of up to $27 million under Processing Trade
Realized duty savings of up to $8 million under provisions of various trade agreements
Increased productivity by 40%
Upgraded Customs credit level to “Advanced Certified Enterprise”