Netwin Launches FTZ Management Software, With Mitsubishi as Customer
Netwin Solutions announced its GTKonnect FTZ (Foreign Trade Zone) software, which it said automates and simplifies complex zone-related data management, deadlines and reporting through reconciliation with inventory Bill of Materials (BoM), exception reporting, and integration with other software systems and…
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partner organizations to reduce data entry. Netwin said its FTZ software provides end-to-end management of zone requirements with zone admission (or e-214 filing) to notify CBP of merchandise entering the zone via automated broker interface (ABI) link, QP/WP reporting for goods that arrive in one location and are being shipped to the zone or exported out of the zone, complete inventory management and visibility to process all zone related inventory transactions, 06 and 08 entry filing, and end-of-year reporting. Mitsubishi Motors North America has been a user of the software since December, Netwin said, using it to automate more than 250,000 zone transactions per day.