Wednesday, September 22, 2021

How to Choose the Right Customs Broker for the Business?

A customs broker handles all the processes for clearing the imported goods at the port. He handles the documentation and makes sure that the consignment is following all the required rules and regulations.

What makes the decision so important?
An importer choosing services of a customs broker for the first time need to consider various things, apart from cost. The decision of choosing a customs broker must be taken judiciously by considering all the factors such as experience, knowledge, and advancements of the service provider. 


Here are some of the questions that you need to ask before choosing an appropriate customs broker for the business.

Do they have experience and knowledge of your industry?
Different laws and regulations govern different products. Before choosing a customs broker, you need to check whether they have desired experience in the particular industry or not. For example, products like textiles, alcohol, and beverages have altogether different customs regulations. Only an experienced broker in the relevant industry can provide you with an hassle-free service of stress-free clearance.

How is their previous experience/ market reputation?
You should never choose the first broker that came to your site. Before choosing any specific broker, do have price quotations from at least three other brokers. By having different price quotations, you can compare the rates, fees and other services provided by different brokers.

With the help of the internet, you can acquire information about the reviews of the brokers and forwarders. You can also ask for reviews of the past customers who have used their services in the past.

Are you drawing up an appropriate contract?
When you are taking the services of a customs broker, it is a smart decision to have all the terms and conditions written in the form of a contract. A contract gives a clear idea about the services that will be provided to you and ensures the rate of agreement.

If the customs broker is reluctant in having a written agreement, you should explain to him that a written contract is for the betterment of all the parties involved. Make sure that the contract involves all important considerations like pricing, services, and any other legal requirements, to enhance a long term relationship.

Do they have technologically advanced equipment & required resources?
If your business is very large and scattered, you must choose a broker who can handle this large volume of goods and consignments. Do check that they have required resources that can appropriately be used for your business only.

When it comes to dealing with customs authorities, technology makes things a lot easier. A broker equipped with technologically advanced machinery and software can help in smooth and fast clearance of goods.

Final Thoughts
Always keep in mind that changing customs broker every time is not easy, so be careful and choose wisely. Never compromise with the quality of the services+ with the payment. To save a few bucks, you might lose a large chunk of market share.

Whomsoever you choose to partner with your business, he should fully understand the needs and regulations of your industry.

No comments:

Post a Comment