In our webcast with Invensys plc and the Journal of Commerce last week, we examined the challenges of classification in the U.S., the intricacies of the U.S. Export Control Classification Number (ECCN) system, key tips and best practices for dealing with technical data, and the role of automation. Our guests asked some great questions and, while we ran out of time to answer all of them, our presenters were kind enough to answer them here.
- What type of automation programs are available for Global record keeping, other than shared drives? Suzanne: Organizations use various central repositories to maintain their global classification records, including shared drives. GTM solutions allow you to take this one step further and manage your classification records with your trade data. Within the trade database, you may upload technical details, specifications, emails, notes, etc. that have been utilized to validate your classifications. These can be managed at the product level. Kristine: There is a vast variety of automation solutions available, which are usually software-only or software with integrated trade content. Many automation solutions are SAAS-based (software as a service). Solutions can be more of an informational nature, or they can practically automate your trade flow. An internet search for global trade management solutions or software will probably give you a good list of the more important players in the GTM industry.
- This website was down due to the government shutdown. How will this effect trade flow, and would BIS, EAR or export.gov ever close or stop? Suzanne: With a government shutdown, one can never really assume what the impact will be on the course of day-to-day transactions conducted in the industry. We recommend staying abreast of the changes and contacting the authorities if you have questions or are experiencing delays. Kristine: You can find a list of agency closings in our blog post from earlier this week on the government shutdown.
- What is CCAT? Suzanne: A CCAT or (Commodity Classification Automated Tracking System) is similar to a binding ruling under the US Customs Regulations. A CCAT is an ECCN that is assigned to your products by the Bureau of Industry and Security (BIS) that it has classified against the Export Administration Regulations (EAR).
Don’t see the question you asked? You can find the full list of questions and answers here.
If you missed this webcast the first time around, click the buttom below to find an archived viewing of the broadcast.
