Major Retailer
Challenge:
Client was sourcing product in multiple countries both at a finished goods and component level. Product was sold to Canada and Mexico and client believed some or all of the products were NAFTA eligible.
Procyon Solution:
- Compile SKU level data on products sold cross border.
- Review all Bill of Materials and related rules of origin to determine NAFTA eligibility.
Results:
- 35% of cross border products determined to be NAFTA eligible.
- Client presented to their customers allowing them to reduce retail price resulting in increased sales and margins.
- Customer increased order volumes by 15% to our client.