Import compliance is a critical factor in any supply chain, for any logistics and even financial institution. Compliance and enforcement agencies now look at everyone in the supply chain, not just the beginning or endpoint of a transaction. It is critical to ensure import-related compliance is adhered to and understood, which is the goal of this BITE U Course.
Course Description
Import compliance involves adhering to rules and regulations that govern the import of goods into domestic commerce, including the following components: - Proper classification of goods - Providing a proper value of goods - Identifying the country of origin - Understanding any applicable licensing requirements and - Ensuring that all documentation is completed properly - Identify risks related to doing business with sanctioned entities - Identifying risks related to trading in sensitive technology, licensable commodities and tariff evasions / anti-dumping. BITE U helps organizations understand why import compliance is important and how it maps to US enforcement and compliance laws. Keys areas we cover include economic impacts, important to national security, protection of domestic industries and brands, social responsibility and more. By the end of the course, participants will emerge with an introductory-level understanding of import compliance processes and tools to remain on the right side of this important compliance domain.
Subscribe to BITE U's training library
Subscribe to this course and the entire BITE U library for you and/or your organization.
• Pro Plan Required* • Over 42 individual lessons • Individual and team learning
* Starting at $59/month/user, access all training modules and includes Enterprise License features.
Outcomes
What you'll learn
Understanding the fundamentals of Import Compliance and its importance in today's interconnected business environment.
Identifying and assessing import compliance risks and vulnerabilities across the supply chain, including risks associated with third-party vendors and partners.
Implementing effective risk management strategies and controls to mitigate import risks and enhance supply chain resilience.
Navigating regulatory requirements and industry standards related to import compliance, ensuring compliance with legal obligations and best practices.
Lessons
Approximate Time
Import Compliance Introduction
4 mins
What is Import Compliance?
5 mins
Why is Import Compliance Important?
6 mins
Statutes and Enforcement
5 mins
How Does BITE Help with Import Compliance?
8 mins
Import Compliance Use Case
5 mins
Ref-Material and Completion Certificate
3 mins
Lesson Name
You may also like..
7 Lessons
C-SCRM Training
In this comprehensive online course, delve into the critical realm of Cyber Supply Chain Risk Management (C-SCRM) and equip yourself with...
Interested in learning how to use BITE Score? In this video, the BITE Team will walk you through how to use all of the functions within the BITE Score...
Interested in learning how to use BITE Score? In this video, the BITE Team will walk you through how to use all of the functions within the BITE Score...