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The Challenge
The Answer
The Benefits
 

ImpexDocs Export Documentation software has helped us in streamlining our export documentation process. ImpexDocs is excellent software to have for anyone who is in export business.

Tom Hill
Ecom Commodities

 
Home » The Challenge
Complex And Cumbersome Current Exporting Process
International trade is complex and difficult to manage. It involves a number of documents, permits, approvals and co-operation of trading partners and associated service providers as illustrated below to move goods and documents from the exporter to the importer.

"According to studies completed by the Asia Pacific Economic Cooperation (APEC) forum, the average international transaction involves 27-30 different parties, 40 documents, 200 data elements (30 of which are repeated at least 30 times) and the re-keying of 60-70% of all data at least once. Obtaining the necessary permits for import and export can take weeks in some cases."

Some of the partners involved in export supply chain process include:

Some of the Documents involved in International Trade include:

Most of the export documentation is currently paper-based which results in significant impediments to the efficiency of the overall export process.

Some of these impediments are:
Consignment data is faxed and re-keyed at many points along the supply chain
There is a high volume of repeated, manual processing
There is a high error rate in transport documentation
There is a low first-time Letter of Credit matching with charges and cash flow implications
Courier costs are high - particularly for regional exporters
There are often long lead times on documentation, and
Physical shipments are impeded by slow and inaccurate data transfer.

The compliance requirements of both the export and import countries involving differing terminology, documents and procedures makes the process time consuming, complex and prone to errors.

It is clear that the export community needs a system to streamline the export logistics, documentation and compliance process which reduces this complexity.
 
 
 
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