GRUNDFOS: Insights on customs & foreign trade compliance

Watch how we support GRUNDFOS to manage their regional presence in 13 countries and the ever-changing trade laws and regulations, to ensure their smooth customs and foreign trade compliance.

Key takeaways

 

Challenges of foreign trade compliance in the Asia Pacific region

  • APAC region covers multiple countries with different culture and languages.
  • Difficult to acquire and understand all the newly published trading-related regulations and laws which may impact your business.

 

What to look for in a Customs & Trade Compliance partner

  • Regional presence and expertise.
  • Able to provide insights into local and regional trade compliance updates and improvement suggestions.
  • Capability to build up a customs database to achieve risk avoidance and opportunity maximization.

 

How does GEODIS support Grundfos in Customs & Trade Compliance

  • Build a customized dashboard to highlight their import and export transactions.
  • Provide visibility to business unit leaders on risk avoidance and duty-saving opportunities.
Grundfos

"GEODIS has worked closely with Grundfos to develop a customized dashboard to highlight all the angles of our import and export transactions, like top 10 lanes, top 10 HS codes for duty spend, FTA savings and potential savings. It is exactly what we expected. The dashboard is much more visible, and it’s very effective and convincing when we communicate with the business unit leaders to focus on risk avoidance and duty-saving opportunities."

 

Austin Cai, APAC Trade Compliance Specialist, Transport & Compliance, GRUNDFOS

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We’ll show you how GEODIS customs and foreign trade solutions help you to grow your footprint and set up strong customs business partnerships. No matter the size, goals or shape of your business – we can tailor-make our solutions to fit your needs.

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