customs risk

Customs risk is the potential for delays, penalties, or additional costs arising from customs clearance, compliance with tariffs, classification, valu...

Customs is the system of laws, administrative procedures and organizational bodies governing the cross-border movement of goods, including the assessm...

A customs code, also known as a tariff code or HS code, is an internationally standardized numeric classification system used for the identification a...

A statute that governs customs duties, tariff classification, border controls, and procedures for import and export, including declarations, inspectio...

A structured, quantitative or semi-quantitative tool used to assess and prioritize risks associated with customs procedures, border controls, and impo...

IT risk in logistics and supply chain refers to the potential of information technology threats or failures to disrupt operations, compromising the co...