Introduction - Global eTrade Services
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Global eTrade Services
Introduction
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services.
Shareholders
the government agency
• A global port operator
championing enterprise
• 60 deep sea, rail and inland Shareholders development
terminals in 26 countries.
>30 years in eGov solutions:
Digital Government, Legal, Trade Services
and Cyber Security
Amalgamates trade domain and network to
provide trade solutions for government and
businesses around the world
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 2
A Total Trade Platform
Freight Forwarders Customs
Carriers
Ministry of Health
Exporter
Declarant Governments Plant Quarantine
Businesses
Warehouse
Animal Quarantine
Importer
Ministry of Trade
Insurance
Banks
And more…
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 3International Trade is Complex
1. Orchestrate 2. Fulfil compliance 3. Access financing /
different logistics services requirements Remit funds
(tax, procedure)
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 4Global Supply Chain has been
disrupted even before COVID
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 5Connectivity is
essential to building a
resilient supply chain
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 6Logistics Compliance Finance
• Book freight • Access trade protocol • Financing
• Orchestrate services • Regulatory filing • Insurance
• Track & Trace • Importer of Record • Cross-border payment
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 7Trade compliance in the food industry
The changes and highlights of the
last decade in this giant industry
By Darius WongWhat has changed in the last decade?
2011 2014 2020
Japan food trade industry Ebola outbreak causing West Brexit Causing Increased
impacted by nuclear radiation African Trade and Food Security Complexity Between EU-UK trade
Large importers of Japanese food risks Increased paperwork and custom
products are conducting stringent Cereal harvest at risk due to labour checks
tests on the trade front shortage, food prices surge due to
closure of some borders
2013 2017 2021
Malaysia and Australia FTA opens China’s total food imports exceeds Food prices
robust food trade $100 billion continues to
Greatly reduces tariffs on food Almost 2 times increase since 2010 rise during the
items pandemic
Mainly due to
rising costs of
labor, materials
and shippingHow does it affect you?
Cross Border Complexity Sudden changes can greatly
affect businesses
Changes can happen in a snapChallenges that players in the food trade industry are facing and how to tackle these challenges.
Challenges When Importing/Exporting
Food Items
Complicated licence & certificates requirements
• FDA, Halal Certification, Numerous permits and other certificates that are required in
different combinations depending on the import country.
Difficult to determine HS Code from cargo description
• Food products usually contains multiple ingredients. Most HS Recommendation
Engines don’t cater to laymen descriptions. E.g. Chicken Satay
Various labelling guidelines for pre-packed food
• Countries can have distinct requirements for such labels, in terms of language,
contents, ingredients etc.
Pre-inspection requirements
• Since relating to health and safety, food products usually need to go through pre-
inspection. The details of such inspections can be very different among countries.
13How Is CALISTA Intelligent Advisory (CIA)
Tackling The Challenges?
Easy Classification of Goods Food Procedures eAdvisory Trade Documents
Easy Classification of Goods Food Procedures eAdvisory Trade Documents
Trade
Trade Advisory
Advisory Wizard
Wizard that
that Detailed
Detailed know-how
know-how of of food
food
One
One Stop
Stop Platform
Platform that
that
takes
takes the
the user
user through
through a
a step-
step- import
import process,
process, license
license
provides
provides all
all the
the relevant
relevant
by-step
by-step process
process to to accurately
accurately application
application process
process and
and
documents
documents that
that is
is needed.
needed.
classify
classify the
the goods.
goods. requirements.
requirements.
14Live Demo
CIA
15Is this Service for you? Yes, if you … ❑ Have difficulty staying on top of fast-changing trade requirements ❑ Are expanding to an unfamiliar market ❑ Do not have an inhouse Trade Compliance Manager to advise you ❑ Spend a lot of time to input HS Code or calculate duties & taxes
Trade Advisory
On The Go
You can find out comprehensive
trade compliance info on your
mobile phone anywhere, anytime!
Simply scan the QR code
or add +65 3138 6339 on
your 18How Digital Technologies Are
Transforming Global Trade
By Hoo Wei ChetThe Rise of Digital Technologies
What has made the revolution possible? Digital innovations likely to (continue to)
shape the future
• Advances in computing power
• A communications revolution o Internet of Things (IoT)
• Data/Information exchange -> the rise of big data o Artificial intelligence/Machine Learning (AI/ML)
• Digitalization o Additive manufacturing (3D printing)
(i) The birth of online markets o Blockchain
(ii) Customized and personalized goods/services o Remote collaboration technology
Market
Privacy concentration Adoption Investment
CHALLENGESHow do these transformations affect us?
Logistics and operations cost
• AGV, Smart robots – reduce labour cost
• AI/ML – prediction and advisory
• 3D printing – making the logistics cost irrelevant
Costs for crossing the border
• Knowledge, know-how turned online and digital
• Document courier -> digital document -> electronic submission
• Fintech alternatives – more attractive than traditional banks
Information and transaction costs
• Platforms help to overcome the lack of information and establish trust in cross
border transactions
• IoT and blockchain will simplify verification and certification
• Real-time translation is bringing down language barriers
• Advances in mobile technology – access information anytime, anywhere
• Data acquisitionWhat’s upcoming?
2021 Apr - Sep
Food Advisory+
Progressive rollout Food Export
and Import Procedures
2021 Sep 2021 Jun
Food Classification Trade Advisory On-the-Go
HS Code Recommendation Trade Advisory through
Specifically Catered for Food WhatsApp
Related ItemsOne-Stop Trade Advisory Service for Traders and Logistics Service Providers
Capabilities What info you can get
HS
HS Smart Search
Recommended Duties & Taxes Landed Cost
HS Code Calculation
Compliance eAdvisory
Landed Cost Calculator Trade Documents Regulations &
Free Trade Agreements Requirements Formalities
23
Accessible Through User Interface (UI) and Application Programming Interface (API)How can it benefit you?
Productivity Gain Higher Data Accuracy Cost Saving
• Reduce time needed to find • Less human error when filing • Identify applicable Free Trade
information and file permit permit through our Accurate Agreements (FTAs) relevant to
through Automated HS Self Learning HS Engine and your product, increasing your
Recommendation and Curated Information margin through the reduction
Centralized Compliance Info of tariffs
24
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CodeAll rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services. 27Let’s Connect!
@CLGeTS https://globaletrade.services
t.me/GeTSGlobal marketing@globaletrade.services
GeTS劲升逻辑 @Global.eTrade.Services
Global eTrade Services (GeTS)
Help grow your business with easing cross-border trade fulfillment
CALISTA® is a registered trademark of GeTS Asia Pte Ltd. All information contained here is proprietary to GeTS and may not be used, disclosed or reproduced without prior written consent of GeTS.
All rights reserved. All information contained in this presentation is disclosed to you on the basis of a prospective business relationship and is proprietary to
Global eTrade Services Asia Pte Ltd (GeTS) and may not be used, disclosed or reproduced without prior written consent of Global eTrade Services.You can also read
