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Supply Chain and Logistics
Published in Thomas A. Cook, Enterprise Risk Management in the Global Supply Chain, 2017
The United States imports over $200 billion a month, which represents over 70% of the global supply chain. The inbound supply chain may consist of purchasing components, raw materials, and finished goods as well as returned merchandise and receiving samples. Many importers focus on the landed cost of a product, typically the duties and costs to clear shipment and deliver, without taking into account other factors that present risk in the inbound supply chain such as partnering with a customs broker who will help the importer be compliant, making certain goods are properly marked with the country of origin, avoiding copyright infringement, and so on. Understanding the U.S. import regulations and working with a knowledgeable customs broker can reduce the risks of importing.
Airport and ground operations
Published in Peter S. Morrell, Thomas Klein, Moving Boxes by Air, 2018
Peter S. Morrell, Thomas Klein
The term import means bringing goods into the country from another country for personal or commercial reasons. For EU countries this means outside the customs territory of the European Community. An import into the Community, as opposed to trade within the European Community, is treated differently from a legal standpoint. However, legislation controlling the importation of goods such as firearms, offensive weapons or drugs into an EU country also applies to goods from other EU member states.
Potpourri
Published in Mark J. Kaiser, Arno de Klerk, James H. Gary, Glenn E. Hwerk, Petroleum Refining, 2019
Mark J. Kaiser, Arno de Klerk, James H. Gary, Glenn E. Hwerk
Management may decide to meet product demand by importing finished or partially finished products from other regions, domestic or internationally. The advantage of this approach is that imported products can be introduced quickly with no requirement for additional capital spending and can be adjusted according to changing market conditions. Disadvantages of this approach are being able to adapt to volatile markets and the limited availability of products that satisfy domestic specifications.
Exploring the effect of the renewable energy transition on CO2 emissions of Latin American & Caribbean countries
Published in International Journal of Sustainable Energy, 2020
Matheus Koengkan, José Alberto Fuinhas
First, in order to reverse the increase in CO2 emissions, the LAC countries need to create mechanisms to diversify the nature of their exports and imports via trade openness. The aim should be the acquisition and development of new products, with higher technological efficiency which is capable of enhancing the production of renewable energy and reducing the consumption of fossil fuels and that consequently will reduce LAC countries’ dependency on this kind of source. The diversification of exports and imports encourages the acquisition of new technologies. Therefore, the LAC countries should import more energy-efficient technologies from developed economies in order to reduce their energy consumption and improve their energy transition. However, this will not be possible if LAC countries develop mechanisms such as new tariff and non-tariff barriers on products and technologies that improve energy efficiency. This could reduce the prices of household appliances and equipment with high energy efficiency and encourage households and firms to purchase them. Indeed, energy-efficiency product standards and labelling are policy mechanisms that impact the consumption of fossil fuels and improve the process of the energy transition in the region.