The IBM Corporation is a globally integrated enterprise which operates in more than 170 countries. They imported about USD20 billion from worldwide. Continually changing, moving toward higher value technologies and new market opportunities. Change, growth market expansion each of these factors requires that they take a global approach to customs risk management.
Global integration of all their major enterprise functions to more quickly implement effective controls throughout they supply chain to decrease any potential risk to compliance and supply chain security, but it also requires process and system flexibility to adapt to country requirements as they manage risk of each country. Risk management in this environment is the practice of understanding and identifying those events and chance within the area of our business operations which have the greatest potential by not follow. Stresses in the global economy along with the complexity of IBM operations, dynamic changes, divestitures and acquisitions.
Customs are sometimes enforcing new trade barriers even while countries are implementing new trade arrangements to attract investment and hopefully growth, increasing need to adapt controls to ensure compliance with new requirements
Strategic is built on a foundation of strong and sustained regulatory compliance, Not only protecting IBM’s brand image and reputation, performance enable to avoid disruptions to IBM’s supply chain and to earn the privilege of using simplified customs procedures which in turn allow us to quickly get goods to market, contributing to growth, improving profitability, and reducing the cost of compliance.