ABSTRACT

The entry observes that a successful and compliant/secure global supply chain requires a variety of service providers. These include:Customhouse brokersFreight forwardersCarriers: air, ocean, truck, and railWarehouses and consolidation/de‐consolidation facilitiesSelling distributors and agents in exportPurchasing distributors and agents in importThird‐party providersBanks and other finance housesLegal firms and accountantsConsultantsIf one's organization is to operate compliantly, then the service providers also need to conform. They must be able to operate and provide services that add value to your compliance and security program. The entry points out that paying for compliance may prevent costs of much greater magnitude that result from shortfalls in company processes.