MIC Customs Solutions has announced it will provide integrated customs software for a new greenfield automotive assembly operation for a South Carolina-based client, including Foreign Trade Zone (FTZ) Inventory Control.
The customer has contracted with MIC to fulfil all their US customs compliance system needs, including tariff classification (MIC CCS), origin (MIC OCS), import / export (MIC-CUST US Entry), Importer Security Filing (MIC ISF) as well as Foreign Trade Zone (MIC-CUST FTZ).
MIC Americas president Gianluca Romano said: "We are excited by the opportunity to begin supporting FTZ customers, and by the confidence of our customers as we launch this new MIC product."
To enjoy FTZ benefits, companies are required to demonstrate strong control over their duty deferred inventories, both at the time of activation and during future audits.
This control requires automation and precision in operators’ Customs systems. MIC-CUST Stock Tracing functionality supports over a dozen different duty deferral programs, around the world.
