PTD is also no longer required to make daily declarations to customs. The aim is to provide proof- when requested to do so by customs-that import duties and VAT have been paid correctly for goods shipped from bonded stock. This module records all customs movements into and out of the bonded warehouse. Depending on the destination of the goods-inside or outside the EU-the module automatically selects the most beneficial stock lines so that as little import duty and VAT as possible is paid.Īnother important asset of OLS Customs is Audit Trail. Organi first developed a customized ‘Intelligent Stock Allocation’ module for PTD, which optimizes stock from a tax point of view. PTD’s existing solution was expensive and did not have bonded warehouse functions, which can result in import duties and value-added taxes paid twice on shipments leaving the EU. One area that poses a specific set of challenges for PTD is electronic declaration systems for customs formalities. “Our goal is to feed all of the information we receive back to them as quickly as possible, something that is very common in B2C environments, but much less so in B2B.” “We invest in ensuring dependable delivery lead times for our end customers,” said Steven Van Riel, PTD IT Manager.
Atlas copco tools talk software register registration#
In a continuous quest to maintain and expand its competitive edge, identify ways to make operations more profitable and offer customers real added value, PTD makes substantial investments in automating its processes, including customs declarations, shipping information, truck registration and proof of delivery. Its warehouse in Hoeselt, Belgium is a key hub of the operation, processing 8,000 order lines each day-for a total of 2,800 shipments. Stocking more than 60,000 items, including tools, parts and accessories-and serving customers in more than 110 countries- distribution logistics is a prime concern for Stockholm-based Atlas Copco Power Tools Distribution (PTD).
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