There's been a lot of buzz in recent months about the "10+2" rule, which is planned to go into full effect on Jan. 26, 2010. The rule went into effect last January, taking a phase-in approach with enforcement. During the first 12 months, violators of the rule will only receive warnings. Beginning next year, fines will be issued of up to $5000 per violation. Importers must provide 10 sets of data before key milestones for U.S. bound shipments. In addition, importers must ensure that the ocean carrier provides an additional two sets of data prior to vessel arrival in the U.S. Some people may be hopeful that the Obama administration will offer a last-minute reprieve to the regulation, but according to Journal of Commerce, that's not going to happen.
In order to meet these requirements, importers must have a system in place to collect, organize and report the key data elements. A centralized visibility platform can help you integrate all of your supply chain partners to capture key information flows, measure SLAs with supply chain partners on filing timeliness and accuracy, and develop a reporting mechanism to proactively identify "at risk" shipments in advance due to missing required data.
For additional tips, check out this white paper: Automating the Import Supply Chain.
For further detail on the Importer Security Filing, or "10+2", requirements, please visit CBP.gov.
