Global Trade Compliance Mission Statement
In partnership with Future Electronics’ Executive Compliance Councils, the worldwide Trade Operations and Compliance Teams will establish Future Electronics as the premier global, no risk electronic components distributor with a worldwide Global Trade Compliance program that industry strives to emulate.
Industry Leader with a “Best in Practice” Global Trade Compliance Program
Future Electronics is a global leader in electronic component distribution.
With this global business comes the responsibility to comply with the export and import regulations of the United States, Canada, Singapore, United Kingdom, Germany as well as those of the other countries in which we do business.
To support this ever expanding business, Future Electronics has implemented a “best practice” Trade Compliance Program including, but not limited to:
- Quarterly meetings of the Executive Compliance Councils in North America, Europe and Asia
- A team of experienced, highly trained employees for product classification
- A training program with modules tailored to the employee’s business environment
- A rigorous export determination program to monitor restricted parties and product licensing requirements
- A dynamic pro-active import program to meet all regulatory requirements
- Open and continuous communication to all employees worldwide on regulation updates and product related compliance information through the Internet and Intranet websites, the quarterly Trade Compliance Newsletter and the worldwide Training Program
- An innovative Trade Compliance Champion program that puts trade compliance support at the “front lines”, in the sales branches
- A “reasonable care” program as defined in the U.S. Customs Modernization Act of December 8, 1993, is followed
Trade Department has a policy of continuous improvement for the trade compliance teams through:
- Government Seminars and Publications
- Industry Associations, Trade Associations and Trade Counsels’ seminars and publications
- Import and Export Compliance Manuals
- Standard Operating Procedures
- Job descriptions
- Monthly worldwide Trade Managers meeting
- Periodic self audit process reviews
- End Consignee Statement - End Use Certificate
- North American Free Trade Agreement / NAFTA
- Customer-Trade Partnership Against Terrorism / C-TPAT
- Authorized Economic Operator/ AEO
- National Electronics Distributors' Association - CITC
"Notice to Subsequent Purchaser or Repacker"
These articles are imported. The requirements of 19 U.S.C. 1304 and 19 CFR part 134 provide that the articles in their containers must be marked in a conspicuous place as legibly, indelibly and permanently as the nature of the article or container will permit, in such a manner as to indicate to an ultimate purchaser in the United States, the English name of the country of origin of the article.