We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Audio-Technica Streamlines Customs Clearance with Descartes’ Foreign Trade Zone Solution
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Audio-Technica Streamlines Customs Clearance with Descartes’ Foreign Trade Zone Solution

November 15, 2021
No Comments

WATERLOO, Ontario, November 15, 2021 -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Audio-Technica, a renowned designer and manufacturer of audio equipment, is using Descartes’ foreign trade zone (FTZ) solution to accelerate customs clearance, reduce the costs associated with filing customs entries, and eliminate duties on exports from the U.S.

“As a manufacturer and distributor of high-value, high-volume goods, we wanted to lower costs for imports into the U.S. and increase supply chain velocity by operating our U.S. warehouse as an FTZ to distribute to the Americas,” said Richard Sprungle, Vice President of Operations at Audio-Technica. “The Descartes solution helps us maximize the operational and cost savings benefits of FTZs through automation while ensuring compliance with customs regulations. Using the solution, we can speed the delivery of imports, expedite the distribution of goods to consumers and avoid the duty all together when we export from the U.S. warehouse.”

An FTZ is a secure area authorized by the federal government in which commercial domestic and foreign merchandise receives the same treatment by U.S. Customs and Border Protection (CBP) as if it were outside the commerce of the United States. The Descartes FTZ solution allows importers and logistics services providers (LSPs) to comply with CBP regulatory requirements for operating a foreign trade zone in the U.S. by automating detailed chain of custody, access, shipment release and record-keeping processes. The solution is also used to streamline shipment management, customs clearance, classification and warehousing. The FTZ solution can be operated as a stand-alone module or as part of a company’s wider trade compliance platform.

“We’re pleased to help Audio-Technica operate its U.S. warehouse as a fully compliant FTZ,” said Preston Barton, Vice President at Descartes. “Global supply chains operate in complex and dynamic regulatory environments and it’s critical to ensure the movement of both data and goods is efficient and compliant. With our solution, customers have a platform to manage the entire FTZ process, allowing them to minimize duties, fees and taxes while upholding CBP rules.”

For more information about foreign trade zones, visit Descartes’ FTZ Resource Center.

About Audio-Technica

Celebrating over 50 years of audio excellence, Audio-Technica is a recognized leader in the development and manufacture of high-quality personal and professional audio equipment. Founded in Japan in 1962 by Hideo Matsushita, the company made its name by manufacturing state-of-the-art phonograph cartridges and tonearms. Today, Audio-Technica is a worldwide group of companies devoted to creating high-performance microphones, headphones, wireless systems, mixers, turntables, phono cartridges and other electronic products. Learn more at www.audio-technica.com.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

https://www.descartes.com/home
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
Inventory Logistics Technology
KEYWORDS Descartes Systems Group
  • Related Articles

    QuestaWeb Software Selected to Manage IRIS USA Inc.'s Foreign Trade Zones

    Dachser Brazil Optimizes Tetra Pak's Customs Clearance Process— Delivering Award-Winning Efficiency

    eezyimport DIY Self-Filing Customs Clearance Platform Marks its Second Year Serving U.S. Importers

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Postal Service plans to seize items mailed with fake stamps

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing