Cross-border e-commerce is a multi-billion dollar industry, enabling you to reach customers anywhere in the world. However, with the uptick in this lucrative opportunity comes the pressure to ensure that your products move seamlessly through the customs process. With so much at stake, agencies are cracking down on products with incorrect Harmonized System (HS) classifications, which can negatively impact your bottom line.
We surveyed more than 100 supply chain professionals to learn about current HS coding trends and key areas of improvement for shippers and importers, including: