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Join Renaud Anjoran, Founder & CEO of Sofeast, in this podcast aimed at importers who develop their own products as he discusses the hottest topics and shares actionable tips for manufacturing in China & Asia today! WHO IS RENAUD? Renaud is a French ISO 9001 & 14001 certified lead auditor, ASQ certified Quality Engineer and Quality Manager who has been working in the Chinese manufacturing industry since 2005. He is the founder of the Sofeast group that has over 200 staff globally and offers services (QA, product development & engineering, project management, Supply Chain Management, product compliance, reliability testing), contract manufacturing, and 3PL fulfillment for importers and businesses who develop their own products and buyers from China & SE Asia. WHY LISTEN? We‘ll discuss interesting topics for anyone who develops and sources their products from Asian suppliers and will share Renaud‘s decades of manufacturing experience, as well as inviting guests from the industry to get a different viewpoint. Our goal is to help you get better results and end up with suppliers and products that exceed your expectations!
Episodes
Wednesday Feb 15, 2023
Wednesday Feb 15, 2023
In this episode...
Sofeast's head of Supply Chain Management, Kate, joins Adrian in this short bonus podcast with a logistics focus to explain what HS and HTS codes are, and why they're so important for importers who are shipping their products from where they're manufactured to where they're going to be sold.
These codes are added to your customs declaration and classify what your product is. Different product codes will attract different levels of import duties, taxes, and tariffs, so selecting the right code is critical (and more than one might be appropriate for your product)! Your product classification may also influence the materials, components, and packaging you use, so that's also something to be aware of.
Show Sections
00:00 - Greetings.
01:11 - What are HS and HTS codes?
02:53 - How to select appropriate codes for your product/s?
03:33 - How the US/China trade war has affected costs for importers from China and why being aware of potential duties for your product is necessary before you ship.
06:319 - An example of where researching a better HTS code saved an American importer a lot of money.
08:59 - Kate's advice on getting the best code for your needs.
Related content...
- HS vs HTS Codes: How to Find the Right Code for your Product? (incl. Links to Official Sources)
- Shipping Marks
- Types of Incoterms
- Where does Sofeast provide logistics support from?
- Sofeast's logistics experts can help you get your products from Asia to where you need them - explore our Logistics Management solution where we take care of the entire process for you, from packing, incoterms, and warehousing, through to fulfillment and managing duties and tariffs upon arrival. Get a tailored quotation for your needs.
Get in touch with us
- Connect with us on LinkedIn
- Send us a tweet @sofeast
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- Contact us via Sofeast's contact page
- Subscribe to our YouTube channel
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