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Smooth Shipping. Sailing (and flying) through international freight. April 2017 Philip von Mecklenburg-Blumenthal Head of Freightos Marketplace Sales & PhD in freight (seriously)

Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

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Page 1: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

Smooth Shipping.Sailing (and flying) through

international freight.

April 2017

Philip von Mecklenburg-BlumenthalHead of Freightos Marketplace Sales & PhD in freight

(seriously)

Page 2: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

INTRODUCTI

ON

PRE-

SHIPMENT

THE QUOTETHE

PROCESS

THE

DELIVERYQ&As

AGENDA

Page 3: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

THE ONLINE FREIGHT MARKETPLACE AND PORTAL

Page 4: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

RESTRICTIONS “FREIGHTABLE” OR DEBATABLE?

Customs (CBP) & Other

Agencies (ISF)

Air & Ocean Freight

CarriersDepartment of Commerce

Pro TipCheck at Freightos.com for help with restrictions. A quick

google search should also soon pick up any issues.

Page 5: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

INCOTERMS STARTING OFF ON GOOD (FREIGHT) TERMS

Pro TipIf your supplier offers to cut the sell price but changes to

EXW, calculate landed cost before agreeing.

EXWDDUDDP

FOB

Page 6: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

PACKAGING DON’T PAD YOUR COSTS

Avoid excessive packaging, it adds costs.

Palletize shipments after US customs

clearance.

Double-box fragile products.

Clearly mark cartons and boxes.

Pro TipAttractive to thieves? Remove any brand identification or any

other labeling that might tip them off.

Page 7: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

MODES FASTER IS SOMETIMES CHEAPER

Pro TipWant it a little faster? Each of these modes have quicker (but more expensive) options.

COURIER

3-5 DAYS

$7/KG

VARIABLE COST

AIR FREIGHT

8-10 DAYS

$5/KG

MODERATE FIXED

COST

OCEAN FREIGHT

30-40 DAYS

$.6/KG

HIGH FIXED COST

50 KG 500 KG

Page 8: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

What you need for a quote

THE CHECKLIST

Dimensions

Weight

Origin ZIP Code or Port

Destination ZIP Code or Port

Shipment Value

Page 9: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

SHIP

HAPPENSOcean and air carriers only provide a basic,

insufficient, level of insurance.

Cargo insurance is a must.

The premium for comprehensive cargo

insurance (a mere 60c for each $100 of

insured value) is not a material cost.

Pro TipOnly accept comprehensive cargo insurance. It will keep you covered, and is worth the outlay.

Page 10: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

PAPERWOR

KExpect 10-20 documents. And demand

your forwarder explains.

Commercial Invoice

Packing list

Material Safety Data Sheet (MSDS )

Power of Attorney (POA) Pro TipEven small errors can add delays and costs, so double check each form you or your forwarder completes.

Page 11: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

BOND. CUSTOMS BOND

CEB vs SEB

(+ ISF bond for LCL ocean)

Fees on the quoteCustoms Clearance Charge

ISF Filings

Customs Bond

Separate CBP chargesCustoms Duty

Additional charges and penalties

Page 12: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

DELIVERYBuild a buffer

FBA Receiving Requirements

Last Mile

Pro TipIf shipping to multiple locations, consider consolidating the shipments, sending to one port, then have your forwarder splitting and delivering separately.

Page 13: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

AND, OF COURSE, THE FREIGHTOS MARKETPLACE

JUNGLE SCOUT CUSTOMER?

GET $100 OF PROMOTIONAL CREDIT FOR YOUR FIRST $1,000+ SHIPMENT

Page 14: Jungle Scout's Million Dollar Case Study Session #8: Shipping & Importing

Learn more at

freightos.com

[email protected]