Supply Chain & Logistics Innovation 2012
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Participants Evaluation
It was truly a great event and I learned a lot too. And I can certainly recommend this to my colleagues in future
——Global Transportation Manager, Intel
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Forum Background
With the increasing of global trade integration, the voices calling for trade facilitation improvement, trade security strengthening and trade cost reduction are rising. To prevent and avoid trade customs clearance risk, more and more import and export enterprises, especially multinational enterprises pay attention to that. They have widely reached a consensus that supply chain management is the lifeblood of the enterprise and also the cornerstone of improving performance and competitive power. MNCs are actively looking for the ways to reduce the cost of supply chain, in special, global trade customs compliance is directly related to operating costs and competitiveness in the market. Any violation of the provisions of the customs administration may hinder the supply chain activities, or even cause the strand breaks. In practice, due to information asymmetry, as well as limited customs clearance ability, enterprises’ trade costs increase and opening hours are extended, which are affecting the continuity and timeliness of the supply chain. Face-to-face thought exchanges and contacts with the customs policy officials, interaction and sharing of industry peers, are helping to reduce costs, improve trade efficiency, and enhance the core competitiveness of enterprises.

Continuing changes in U.S. Customs regulations and policy have created greater duty-saving and cost-reduction opportunities for importers, while placing greater emphasis on enforcement through compliance assessment reviews, audits and investigations. As a result, more and more importers will be faced with detailed reviews and/or audits from the Customs Service.

Forum Structure:
9:30-9:45 Welcome Remarks
9:45-10:30 Global Trade & Customs Compliance Part A
10:30-11:00 Coffee break
11:00-12:30 Global Trade & Customs Compliance Part B
12:30-13:30 Luncheon
Presenter Background

Pete Mento is a Licensed Customs House Broker and brings industry-recognized Foreign Relations Expertise. He is well known in the academic world with respect to his studies and teachings on Foreign Trade. He is currently the Director of Global Customs and Trade Policy at C.H. Robinson Worldwide, Inc. He has previously served as the Principal Consultant of a group specializing in U.S. and international Import Compliance Services for Expeditors Tradewin, LLC. He maintains close communication with trade policy officials to ensure the products he develops take maximum advantage of new trade programs. He possesses a diversified professional background including major stints as a Merchant Marine Officer and appointments with AEI and Panalpina (in both the Freight Forwarding and Trade Services). He also worked three years with KPMG, LLP as founder and National Practice Leader for their Global Trade Consulting Practice within the Trade and Customs Group. He received his Masters Degree in Government (Trade Theory Focused) from Harvard University and did his undergraduate work at Maine Maritime Academy where he served five consecutive terms as a member of the advisory board. Mr.Mento is an accomplished policy academic who has written many articles and papers on Trade Theory and Trade Practices. He is especially well-versed in matters of import compliance, customs valuation, duty minimization, international finance, defense industry compliance, free trade as a force for the elimination of poverty, and cross border free trade agreements. He is considered a foremost industry authority on trade-related items such as C-TPAT, ISF,Trade treaties, and the like. He is a highly sought after speaker on matters of international trade who has lectured to tens of thousands of people all over the world. His style of mixing economics, history, and humor is always a welcome change for his clients and students. He has recently published a book on the challenges of C-TPAT and is writing his second book on the governmental trend of creating self-audit programs for import and export compliance.
Topics to be covered:
  • Latest Changes to US Customs Regulations and Impacts
  • FCPA (Foreign Corruption Practices Act) and its effects of Global Supply Chain
  • HS Classification and valuation awareness towards potential savings in duties
  • Duty Drawbacks
  • Incoterms – purchasing terms and associated liabilities and impacts
  • Cross border shipping between US, Canada and Mexico
  • Free Trade Agreements and Qualifications