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May 14, 2020

Tuesday, 19 May 2020 | Global Trade Management (GTM) solutions (10:30 am BST)

EY would like to invite you to the final webcast in our series of webcasts on the Power of Technology in Global Trade. The webcast will be held on Tuesday 19th May from 10:30 – 11:15 am (BST) and will address the topic of Global Trade Management (GTM) solutions. Our Global Trade team will explain key issues and trends and give a demonstration of innovative technology to show how Global Trade technology solutions can support businesses in an efficient, agile and cost effective way. This session will discuss the use of GTM solutions and the range of software available to match different requirements. This may include a business making its own customs declarations, managing duty relief schemes (track and trace of goods), supporting origin management and many more benefits.

Date: Tuesday, 19 May 2020

Time: 10:30–11:15 a.m. BST

Registration: Register for this event.

Missed a webcast in our series? 

Our previous webcasts looked at the following topics and the links to the recordings to these webcasts can be found below:

  • The first webcast covered how to use trade data to improve trade flows, assess compliance risks, identify trade trends, broker performance/accuracy, supply flows, supplier oversight, product classification/value/origin errors, etc. 
  • The second webcast covered classifications, mainly as a key legal requirement for customs declarations and that they determine not only the duty liability associated with an imported product but also other tariff and non-tariff measures that apply to the product.  It is essential therefore to ensure that they are correct, and we discuss how analytics can assist and simplify the classification compliance process.
  • The third webcast covered origin calculations, evidencing that Rules of Origin are met and how having an effective origin management system will become ever more important for accessing reduced or nil duty rates under Free Trade Agreements (FTAs). This will be particularly important regarding a potential future FTA between the UK and the European Union. Analytics can significantly simplify and speed up this process. This session discussed recent changes in UK, Global FTAs and how analytics could provide solutions going forward.
  • The fourth webcast covered how trade disruptions are adding both cost and complexity to many supply chains.  It supported in understanding the impact and that options for  mitigation will be key for successful businesses going forward.  It also examined the recent events in the global arena and discussed how analytics may assist in the analysis and forward planning.

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.


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