webinars
Trade Compliance
On Demand
April 29, 2021
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Duty Drawback for E-Commerce - How to Reclaim 25% of Your Product Cost

Ned Blinick

Chief Product Officer at 3rdwave

Dan Gardner

Solutions Consultant at 3rdwave

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April 29, 2021 2:00 PM
ET
Details

E-Commerce is booming. Retailers and wholesalers that never conceived of exporting are now shipping considerable volumes of product internationally. Many of these products have been imported or made from imported components and are eligible for Duty Drawback worth 99% of imported duties, taxes, and fees. The challenge for eB2C is how to capture that buried value.

If you are doing B2C internationally with sales in excess of $250,000 annually, it is conceivable that you are eligible for a sizeable Duty Drawback. If you are importing your raw materials, components, or finished products and subsequently exporting them you may be eligible for a sizeable Duty Drawback. Depending on your business and where you source your products from, the import duties, taxes and fees can amount to >25% of your product cost. Imagine if you reclaimed those duties, taxes, and fees.

What was previously unrecoverable is now possible to recover.

If you are doing e-commerce sales internationally, you want to attend this webinar and learn how you can take advantage of the duty drawback program.

What you will learn:

  1. What is Duty Drawback (short overview)
  2. The challenges for claiming B2C Duty Drawback
  3. Why B2C can now take advantage of Duty Drawback.
  4. What it takes to make a Duty Drawback claim - 4 steps
  5. How 3rdwave enables B2C to make successful Claims
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Ned Blinick
Chief Product Officer at 3rdwave
As Chief Product Officer, Ned leads the visioning of the 3rdwave platform. In his previous life, Ned served for over 30 years as CEO at one of Canada's largest independent food importing and distribution companies. He has presented at CSCMP, the Supply Chain Summit, the National Defense University in Washington D.C. and has been recognized by Supply and Demand Chain Executive as a supply chain “Pro to Know”.
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Dan Gardner
Solutions Consultant at 3rdwave
Dan has both hands-on experience as V.P. of Logistics for a mid-sized importer and as a senior executive with several large 3PLs. In addition to his professional experience, Dan is a licensed customs broker, a professor of supply chain management, certified in Production & Inventory Management (CPIM), and a Black Belt in Six Sigma. As an author, Dan’s work has been featured in The Journal of Commerce, APICS Magazine, CSCMP Global Perspectives, and Inbound Logistics magazine.
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