|
|
 |
|
|
 |
Product Classification
Home
→
Mid-Market Solutions
→
Export Management
→
Product Classification
|
Product Classification Issues and Challenges
|
|
Product classification forms the basis for nearly every export/import control,
tax, tariff, and fee imposed by Customs and other governmental authorities
worldwide. Choosing the correct product classification code is critical for
export compliance and for accurate payment of import duties at the port of entry. |
|
Challenges include:
|
| ▪ |
Navigating the depth and detail of the
Export Control Numbers and Harmonized Schedule Numbers to assign the
correct product code |
| ▪ |
Understanding and assigning the correct
codes for complex classifications |
| ▪ |
Documenting the classification decision
process in case of potential audit |
| ▪ |
Managing multiple classification systems,
such as those required by other agencies or governments |
| ▪ |
Handling periods when product
classifications are about to change, or when products have
classifications that may vary over the course of the year |

How Amber Road Can Help
Amber Road's global product classification
features help you properly classify products based on the relevant country of
import (COI) and country of export (COE) while also documenting your decision
criteria in case of audit. A user-friendly search wizard assists you with the
classification process, providing all the information necessary to choose the
right product classification.
Our classification engine can also
assist you with complex classifications, such as those required for sets,
ensembles or tools, and cutlery. The search wizard assists you in classifying
each item in a set, including the assignment of essential character. You can
also use search criteria such as legal word or common words to find a
classification code.
The
Global Product Master (GPM), a
centralized source of product information, stores classifications along with an
extensive array of product data that fuels subsequent transactions. It also
allows you to manage compliance for each product, and for every variant of that
product.
You can also assign multiple
effective dates for product classifications. This is particularly useful for
managing regular updates to the HS. By setting an effective date, you can
terminate the usage of one code while initiating another without having to
scramble to update codes the day they expire.
|
|
Features |
Benefits |
Product Classification |
▪ |
Classify a product in terms of its HS
(including complex sets), ECN, Schedule B, or ALADI using common words
or legal definitions |
|
▪ |
Search binding rulings for multiple
countries |
|
▪ |
View search results in a tree structure to
help compare related classifications |
|
▪ |
Use a wizard to assist with correct
classification |
|
▪ |
Map a classification from one country to
the corresponding code in any other country |
|
▪ |
Specify multiple effective dates for
classifications |
Global Product Master (GPM) |
▪ |
Store your entire catalogue of products
and their variants |
|
▪ |
Link a product to one or more suppliers
housed in the partner table |
|
▪ |
Maintain a comprehensive set of
information, such as product classification, unit of measure, and country
of origin |
|
▪ |
Synchronize product data with an ERP or
legacy system |
|
▪ |
Perform conversion calculations for
currency and units of measure |
|
▪ |
Reuse GPM information throughout the
system in a range of transactions |
|
|
|
|