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Securing the global supply chain is vital both to companies involved in international commerce and the governments of the nations in which these firms do business.
Authorized Economic Operator (AEO) status confers worldwide recognition as a safe and secure business partner in global trade, gives the firm
a lower risk score in risk analysis systems, affords reduced levels of risk controls, offers priority treatment
in terms of physical controls and consignment examinations, translates to reduced data requirements for entry and
exit summary declarations, offers simplified procedures and allows faster movement of goods through third country
borders.
The World Customs Organization’s (WCO) “Framework of Standards to Secure and Facilitate Global Trade (SAFE)”
forms the basis for many of today’s security initiatives. Other programs, such as C-TPAT (Customs-Trade Partnership Against Terrorism), PIP (Partner in Protection) and
BASC (Business Alliance for Secure Commerce), also promote partnership
between worldwide customs authorities and companies, rules development for advanced communication of data concerning
international shipments, standardized security management procedures and enhanced cooperation.
These efforts contribute to global trade facilitation, international customs modernization, improved cooperation
within the import-export community and greater competitiveness in international trade.
These security initiatives encompass myriad persons, organizations and processes that must be systematically
reviewed and evaluated on a recurring basis. However, undergoing the process yields tremendous short- and long-term
benefits. A company not only identifies areas that need enhanced security but also discovers outdated and inefficient
internal procedures. Correcting them leads to streamlined core operations and better asset management. Even more
important, program membership confers special privileges, which can translate to faster goods movement and greater
speed to market.
Why QuestaWeb?
The sheer amount of information and complexity involved in AEO Assessment makes the process an ideal candidate for
automation. QuestaWeb’s Authorized Economic Operator Assessment Manager is a specialized software module that can
fully accommodate the unique security aspects of every supply chain member. It facilitates supply chain partner
risk management through intelligent security assessments:
- Issue and distribute variable, role-based conformity surveys
- Monitor electronic collection of information
- Maintain secure access to a centralized data warehouse
- Automatically evaluate presented credentials
- Calculate integrated compliance risks of all stakeholders
- Maintain a comprehensive audit trail
- Provide management and analytical reports
QuestaWeb’s integrated, profile-driven technology allows simultaneous management of a company’s C-TPAT, AEO, PIP,
Secure Export Scheme (SES) and BASC participation, as well as Consumer Product Safety Commission and Social & Environmental Responsibility
initiatives, in one solution.
Additionally, QuestaWeb’s Authorized Economic Operator Assessment Manager offers built-in, multi-national denied
and restricted parties screening functionality to further automate risk evaluation of import and export operations.
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