Audience:
Open industry. All apparel and footwear industry professionals, regardless of AAFA membership, are encouraged to participate.
Description:
As apparel and footwear enterprises continue to face unprecedented supply chain pressures, duty drawback can be a game-changing cost mitigation strategy. Created as an export incentive program, duty drawback allows qualifying companies to recover up to 99% of duties paid on merchandise imported into the U.S. that is later destroyed or exported. Today, however, an estimated 70% of eligible duty drawback refunds go unclaimed-- representing billions of dollars left on the table by U.S. businesses.
Duty drawback is recognized as the most complex commercial program administered by U.S. Customs and Border Protection (CBP)-- but with expert guidance, implementing your own program can be made simple. Join Flexport's Tim Vorderstrasse and Caroline Dale to learn more about how duty drawback can benefit your business.
Attendees of this webinar will learn:
- How to navigate the duty drawback process with minimal effort.
- Where to look in apparel and footwear supply chains for duty drawback opportunities.
- Key strategies to maximize your potential refund.
Speakers:
Tim Vorderstrasse
Head of Drawback
Flexport
Tim Vorderstrasse is Head of Drawback at Flexport. He leads the vision to simplify, automate, and modernize drawback. As a dedicated drawback he specializes in duty drawback methodologies, technology, regulations, implementation, and refunds.
Caroline Dale
Head of Global Customs Compliance
Flexport
Caroline Dale is the Head of Global Customs Compliance at Flexport. As a licensed customs broker and lawyer specializing in international commercial law, Caroline draws on cross-functional experience to simplify the complexities of international trade and identify practical, proactive business solutions.
Moderator:
Beth Hughes
Vice President, Trade and Customs Policy
AAFA
Beth Hughes is responsible for supporting the association's efforts on international trade and customs issues. Beth oversees AAFA’s Trade Policy Committee, as well as AAFA’s Customs Group. Before joining AAFA, Beth served for six years as senior director, international affairs at the International Dairy Foods Association. Beth earned a Bachelor of Arts degree in political science at George Washington University and received a Master of Arts in international affairs from Florida State University.
Unable to join on December 12?
Register for the webinar to receive an email containing the direct link to access/download the recording of the webinar and a link to the PDF version of the presentation. The email will be sent 1-3 days after the webinar.
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Stephanie Paendong