Business Strategies for Beyond the Looking Glass
Companies are looking in the following areas for cash opportunities:
- Inventory Surplus
- Duty Refund through 201 & 232 Exclusions
- Duty Drawback
- Freight Pay & Broker Audits
- Review Contract Terms
- Payment Deferment
- Consumer Delivery
In addition to these, businesses who import or export may consider these measures as well:
- Review foreign exchange exposures
- Be aware of the elevated volatility
- Note that forward points have generally narrowed
- Opportunism may not be a bad word
- Variety of FX products