(Filed Under Technology News). Centric Software, a provider of product lifecycle management (PLM) and collaborative sourcing solutions for apparel, footwear, accessories and other fast-moving consumer goods industries, has updated its Centric 8 solutions software to integrate new importing regulations, which will provide immediate, full compliance for all users involved in sourcing on a global basis, said the company.
The new regulations, set by the U.S. Customs and Border Protection, also known as “10 2,” were designed to help prevent terrorist attacks in the U.S.
The regulations require vessel carriers bringing cargo to the U.S. to electronically transmit certain information to U.S. Customs and Border Protection (CBP) about their cargo before lading that cargo at foreign ports of entry. In addition, the filing must contain 12 data elements, including three elements not currently required for U.S.-bound imports.
With 10 2 capability available as part of the product sourcing module in the Centric 8 PLM suite, users can view 10 2 information and other sourcing data including supplier performance, compliance and other vital metrics.
“Instead of manipulating individual pieces of data across a global supply chain, Centric 8 manages and reports the ten data elements needed to create the Importer Security Filing as mandated in the 10 2 regulations,” said a company spokesperson.
“The full reporting capability of Centric 8 enables companies to eliminate 10 2-related delays in imports, which translates to no interruptions in distribution, marketing or sales,” said Ray Hein, the company’s executive vice president of marketing. “Importers who utilize the collaborative Centric product sourcing module in Centric 8 already manage their suppliers and manufacturers to improve costs, margins, improve compliance, and product quality with visibility over the entire product delivery processes and supply chain partners.”see more
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