Customs Clearance Efficiency in Freight Forwarding Process

Authors

  •   Anees Fathima M I Assistant Professor, MEASI Institute of Management Chennai
  •   Muksheeth Hasim A Z Final year MBA Student, MEASI Institute of Management Chennai

DOI:

https://doi.org/10.21095/ajmr/2024/v16/i1/173221

Keywords:

Customs, clearance, process, freight forwarding, operations, efficiency etc.

Abstract

Customs clearance of cargo plays a pivotal role in facilitating international trade by ensuring compliance with regulations and facilitating the movement of goods across borders. The researcher started the study with the following research question. 1. How can be efficiency be achieved in customs clearance process?. 2. Why is it essential to be efficient in freight forwarding process? 3. What are the ways and means of achieving efficiency in customs clearance freight forwarding process? Descriptive research design is adopted in this study with a sample size of 143. The study provides information on customs clearance efficiency in freight forwarding process. The study focuses on efficient clearance procedures such as overcoming delays, minimizing costs and enhancing supply chain efficiency. It highlights the importance of efficient customs clearance procedures in reducing delays, minimizing costs, and enhancing supply chain efficiency. The study also emphasizes the impact of digitalization and technological advancements in customs clearance, emphasizing the adoption of electronic systems and risk- based approaches to streamline processes and enhance trade facilitation. Furthermore, it underscores the need for collaboration between stakeholders, including customs authorities, importers, exporters, and logistics service providers, to address challenges and ways to improve the overall effectiveness of customs clearance operations. The study throws light on the scope for further research in this domain. Overall, this study shed light on the critical role of customs clearance in facilitating global trade and underscores the importance of continuous improvement and innovation in this domain.

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Published

2024-08-12

How to Cite

M I, A. F., & A Z, M. H. (2024). Customs Clearance Efficiency in Freight Forwarding Process. Adarsh Journal of Management Research, 16(1), 1–10. https://doi.org/10.21095/ajmr/2024/v16/i1/173221

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