What you don’t usually hear about FTZs
FTZ or not to FTZ that is the question. In the current global trade environment, it is becoming nearly impossible to keep up with all the possible changes to existing trade agreements. With an FTZ, if things change you have the control. GTK can assist in determining if this is the right move for your business. When the decision is made to move forward, you will need tools to ensure compliance and manage your zone activity. Our solution automates your zone-related data and transactions through reconciling your inventory BoM data, integration with entry platforms and partners to reduce data entry.
A tool to ensure compliance
Our solution automates your zone-related data and transactions through reconciling your inventory BOM data, integration with entry platforms and partners to reduce data entry.
Problems & Opportunities
- Receiving a reduction on Merchandise Processing Fee (MPF) by using an FTZ
- A simpler alternative to the complex duty drawback process
- Find out if you can benefit from inverted tariffs
- Deferral options on customs duties and fees
- Shop for cost effective alternatives to FTZ software
- Optimize your current FTZ setup
- Expand FTZ into multiple sites
- Working with a consultant and need a new system
- Information on getting started with the application process
- Learning more about FTZ
- Recieve buy-in from management on FTZ
Our Solutions
What does our FTZ solution include?
- 214 and inbonds (7512)
- ePTT
- Parts Management
- Entry and Exports processing modules to fully support all FTZ needs
- No intermingling of data between individual instances within and outside the company
- Fixed fee irrespective of number of transactions
- Robust reports and dashboards
- Designed in collaboration and trusted by leading FTZ consultants
- Seamless and easy to implement integration framework with any ERP/WMS.
- Guaranteed implementation window
- Seamless integration
- Implementation of many zones across many verticals
- High availability and performance solution
Benefits
- Receiving a reduction on Merchandise Processing Fee (MPF) by using an FTZ
- A simpler alternative to the complex duty drawback process
- Find out if you can benefit from inverted tariffs
- Deferral options on customs duties and fees
- Shop for cost effective alternatives to FTZ software
- Optimize your current FTZ setup
- Expand FTZ into multiple sites
- Working with a consultant and need a new system
- Information on getting started with the application process
- Learning more about FTZ
- Recieve buy-in from management on FTZ
What People Say
GTKonnect’s CTPAT module is a very user friendly system which makes it easier for us to manage our 200 plus supply chain partners and perform the 5 step risk assessment as per CTPAT program requirements. The staff is very supportive and responsive and always willing to help. EXCELLENT CUSTOMER SERVICE!
“When we decided to take advantage by becoming an FTZ, we quickly got to software selection and compared GTKonnect FTZ against other leading providers. What we found in GTK was the willingness to work with our specific situation, the flexibility to accommodate our IT requirements and timelines for integration with our existing ERP and the excellent support to our team to help with a smooth go live, especially since we were completely new to this whole FTZ process. Their tool automates almost 100% leaving us just to intervene on an exception basis resulting in a smooth zone operation day in day out..”
DFA has been associated with GTKonnect who has been our primary vendor for over two decades. After migrating from our legacy application, we have been using their global trade platform, including their modules to manage our Bonded Warehouses, ISF / Import, In Bonds and Foreign Trade Zone Operations.GTKonnect is a partner that supports our operations on a regular basis allowing us to meet all the complex compliance requirements from all governmental agencies such as CBP, FDA, Fish & Wild Life, etc. in providing our company with maximum efficiencies with all the data integrations utilized in our In-House POS System. Their web-based application provides our users ease of use, along with the flexibility to share data across modules. The GTK Team acutely understands our business requirements and the information needed to meet our ever-changing technology needs.They are always just one call away to meet any challenges or changing requirements. We are confident that we have a partner who understands our demands and delivers world-class solutions in order accommodate our changing business environment with excellence and superior results.
GTKonnect enables us to perform C-TPAT 5 step risk assessment process on our extensive supply network. It’s a great tool to manage business partner relationships; the portal is user friendly, dynamic, and customized to suit our business. The support we get from the team is consistently fantastic; we very much consider GTKonnect the backbone of our supply chain security program.
“When we were faced with an upgrade to meet the Customs requirements for Automated Commercial Environment (ACE), we turned to the experts at GTKonnect. We upgraded to the product suite Exports, Trade Agreements, FTZ, Global Parts, and Imports.
Not only did they provide us with exceptional technical support during this upgrade, but the training and continued support has been superior to any other company. We look forward to future upgrades and a continued partnership with GTKonnect.”
