Foreign Trade Zones confer clear financial benefits to manufacturers and retailers. Using an FTZ can expedite product flow to market or enable strategic product releases motivated by demand rather than dictated by overseas shipment timing or the need to recoup tariff costs. In addition, FTZs can provide a methodology for overcoming quota restrictions. If your firm has taken all the obvious steps-outsourced production to the lowest-cost overseas manufacturer, analyzed the supply chain and identified the most cost-effective carriers and transport methods, and maximized automation across operations-consider the FTZ as your next best strategic option to be more competitive in today's challenging economy.
