Key FTZ Benefits:

–Direct Delivery – Supports just in time delivery

–Elimination of Duty/Drawback for re-exported product and scrap for savings and cash flow benefits

–Weekly Entry reduces brokerage fees and MPF

–Enhanced Security can help facilitate the vehicle manufacturer’s C-TPAT validation

Example:

Direct Delivery Keeps BMW’s Production On Track:

If a shipment arrives at midnight and is needed on the assembly line, that shipment can be received into the inventory control system, taken straight to the line for use, and then be reported to CBP the next day. The cost of a line-down situation far exceeds any duty savings to be realized.