Faster, leaner and more responsive supply chains are essential for businesses to survive in a competitive and globalized world. Firms increasingly use global sourcing strategies that require flexible, speedy, and cost-effective solutions. This demand has energized governments to make world markets more accessible by improving their trade logistics services and providing efficient, easy, and accountable import and export procedures.
In response to this demand FIAS' Trade Logistics Advisory Product was launched in July 2007 with a mission to reduce the total time and cost to trade in developing countries by helping them build efficient trade logistics systems and services.
The FIAS Trade Logistics Advisory Approach
The Trade Logistics advisory team employs a dynamic and focused approach in providing solutions to complex issues that impede access to world markets by :
- Developing credibility through "quick wins" that jump-start comprehensive and systemic long-term reforms
- Combining best practice with the unique knowledge and experience of various partners, including the IFC, World Bank, and international and regional agencies to introduce innovative products, technologies and relevant information to meet the specific needs of each client
- Coordinating and providing an objective viewpoint that brings disparate stakeholders together to work through conflicting agendas to optimize client value
- Establishing benchmarks and developing indicators to measure the effectiveness of the new services and procedures developed through the FIAS program.
The FIAS trade logistics program delivery model is standardized and scalable and provides advisory services to:
- Simplify and harmonize procedures and documentation,
- Implement electronic processing/automation and develop Single Window systems,
- Introduce risk management in border inspections and clearance
- Build capacity to improve efficiency in customs and technical control agencies.
The product's ultimate impact is demonstrated in increased investment in key trade sectors, increased share of exports, and the creation of productive jobs.
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