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Project name
TradeXchangeTM (Singapore)
Client Name
Singapore Customs
Challenges
Multiple users were using different platforms and communicating at different times. Hence there were delays in the communications. Turnaround time for the trade community was slow.
Key Results
With TradeXchangeTM as a neutral and secure platform, it enables exchange of information between shippers, freight forwarders, carriers and government agencies to facilitate the flow of goods within, through and out of Singapore.
It is able to provide seamless inter-connectivity among commercial and regulatory systems for the Singapore trade and logistics community and its single electronic window creates integrated workflow submissions and enquiries to multiple users such as the Sea Ports, Airports, Maritime Authorities, Customs and Controlling Agencies.
Project name
TradeNet (Singapore)
Client Name
Singapore Government Agencies
Challenges
Various parties were involved in customs declaration and processing trade permit at different times, causing delays.
Key Results
World's first nationwide electronic trade network brings together the functions and requirements of more than 30 controlling agencies and allows businesses to apply for and receive trade permits within 10 seconds via the Internet. With tradenet, increased efficiency resulted in 95% of all trade permits processed within one minute while 97% of permits without customs declaration processed within seconds.
Studies have shown that TradeNet generates an estimated savings of US$1 billion to Singapore's trading community.
Project name
CertOfOrigin (Singapore)
Client Name
Singapore Government Agencies
Challenges
Various parties were involved in customs declaration and processing trade permit at different times, causing delays.
Key Results
World's first web-based system that enables the convenient application and certification of Certificate of Origin over the Internet.
Increased efficiency for electronic transmission of documents - the entire process from application to transmission of approved Certificate of Origin to overseas buyers, banks and Customs has been reduced from 4-7 days to within minutes.
CertOfOrigin brings the Singapore trading community an estimated direct savings of about S$2.96 million a year.
Project name
Automated Manifest System - AMS (Singapore)
Client Name
Canada Border Services Agency (CBSA)
Challenges
There were no system in place to facilitate compliance of shipment and tariff information, nor ability to manage risk.
Key Results
The web-based solution incorporates the latest security guidelines to ensure compliance with trade laws so that even users who may not have prior customs brokerage knowledge or experience will find it convenient to submit shipment and tariff information.
Carriers, shipping agents and freight forwarders are able to comply with regulations set by CBSA in submitting cargo manifest data 24hours before cargo is loaded at foreign port and conveyance data shipped before reaching Canada.
Users are able to better manage risks by identifying health, safety, and security threats at the border.
 
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May 28, 2007
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