With new and updated regulations being instituted every day in countries around the world, companies are realizing the need to collect, store and manage classification data in a more centralized fashion. The practice of exporting and importing goods is becoming increasingly complex with each new year. Because of this complexity, companies are looking for ways to proactively manage their trade compliance data and minimize risks.

Exactly what is considered classification data? Classification data includes:

• Harmonized Schedule (HS and HTS) numbers
• Special tariff preference programs
• Product descriptions and pictures
• Schematics
• Material Safety Data Sheets (MSDS)
• Toxic Substance Control Act (TSCA) documentation
• Country of Origin credentials
• Value Information

Using Integration Point® Global Classification, companies can collect, store, manage and track all classification data in an easily accessible web-based database.

More than just a product classification database, Integration Point Global Classification allows companies to manage a global database that includes all forms of data - including company-specific data. Companies will have everything they need to manage global trade management through out the organization captured in a consolidated relational database.

Using Global Classification, a Software-as-a-Service (SaaS) technology, companies can:

• Access global and country-specific classification information via the web
• Set up an approval process to ensure data integrity
• Enhance communication to trading partners by providing multi-language capabilities
• Establish company standards to ensure there are no data management issues
• Eliminate duplicate data entry through interfaces with inventory processing systems

For companies that wish to validate classification data and receive real-time updates when regulations change, Integration Point Global Classification can be integrated with Integration Point Global Trade Content. Using Global Classification and Globe Trade Content together, companies can receive up-to-date classification, tariff preferences, and export data without having to manually search or enter changes.

Integration Point Global Classification is but one part of a complete, web-based trade compliance solution to efficiently manage trade compliance while reducing risks. Other Integration Point solutions that can be integrated with Global Classification include:

• Global Trade Content
• Importer Security Filing or 10+2
• Entry Visibility
• Free Trade Agreement Management
• Denied Trade Screening
• Various Duty Deferral Programs (US Foreign-Trade Zones, Maquiladoras/IMMEX, Customs Warehousing, etc.)

Interested in learning more about Integration Point Global Classification? Please fill out our online request form, or send us an email. You can also download our product brochure located in the top right corner of this page.