What’s the best route (pun intended) to follow when getting my goods to Europe in the most cost-effective way? Especially if those goods are consignment. Do you search for the lowest shipping rates? That’s a good start, but things are a little more complicated than that.
Ultimately, cheaper freight costs aren’t worth the savings if they lead to expensive delays. For example, if road freight and sea freight aren’t effectively coordinated, your goods might have to sit in a warehouse before they’re dispatched to their ultimate destination. Or there could be an omission on the shipping paperwork, causing delays at customs. furthermore, you could even see your goods refused entry by customs officials.
Then there’s the question of which country to ship goods to. Which European country has the most efficient customs procedures? Which seaport or air freight logistics are best suited to your consignment? What are the VAT implications?
A complex challenge needs an integrated solution
Determining the most cost-effective way to ship goods into Europe is not about answering a single question. It’s a set of interconnected questions, which depend on balancing a multitude of sometimes contradictory outcomes.
If that sounds head-swimmingly complicated … well it is. International trade always involves complex coordination of logistical and regulatory processes. But here’s the goods news. You don’t have to worry about any of it. You can outsource it to us.
An effective end-to-end service
An effective outsourced supply chain service will consider your specific shipping requirements – the nature of your goods, your timelines, the markets you are servicing – and carefully consider every element of the shipping process. Let’s consider what that means in practice.
The practicalities of global trade
So far, we have considered the value of an integrated shipping solution at a theoretical level. As a practical business operator, you are probably more concerned about the practical consequences of such a solution.
Let’s consider some of the real-world import issues that to be accounted for. An effective import solution will account for the following:
- Secure the most cost-effective shipping rates
- Ensure complete customs and import VAT compliance
- Defer VAT to provide a cash flow advantage
- Coordinate each stage of the shipping process
- Determine the optimal port of entry
Therefore, an effective import solution requires expertise in a number of different regulatory and logistics arenas, and extensive experience managing real-world outcomes.
Theory and practice in action
Vatglobal’s vship service was designed to manage these complexities for you. It’s a more cost-effective and efficient import solution that ensures your goods get where you need them to be.
Ultimately, with vship, you can leave the theory and practice of international trade to us, and focus on growing your business.