Velody Trade Services
Are you eager to streamline your operations and increase profits? We’ll show you how.
Are you too busy to effectively manage your freight and brokerage partners? We’ll do it for you.
Are you operating without a solid trade compliance plan? We’ll create one.
Are you missing out on eligible duty refunds? We’ll recapture them for you.
What We Do
Velody Trade’s team of global trade management professionals has comprehensive experience in sourcing, logistics, supply chain management, tariff engineering, customs compliance and trade finance. We’ve worked with some of the world’s most successful apparel, footwear and manufacturing businesses to help them streamline operations, increase profits and reduce risk.
Whether it involves optimizing all aspects of your supply chain, determining customs compliance risks or helping you recapture eligible duty refunds, our industry experts can help you identify issues before they become critical problems. In short, we help you translate global import and export challenges into opportunities.
No matter the size or duration of the project, you’ll work with senior-level international trade experts on a variable cost basis. You’ll feel as if our team members are part of your organization, and you’ll understand why we truly believe your success is our success.
How We Do It
Velody Trade starts by analyzing the overall efficiency and effectiveness of small- to mid-size companies’ business processes, supply chain and compliance programs in order to identify opportunities for cost savings and risk reductions.
Then, we determine and prioritize the changes that need to occur, re-engineer existing business processes and implement best practices in collaboration with our industry-leading strategic partners. As an extension of your internal team, we develop and educate your staff so they can then integrate the new, optimized business processes on their own.
Velody Trade offers a unique managed service program that ensures the plan we’ve developed gets full traction and the best possible bottom-line benefit. This means our team is available to manage trade partner relationships for you while we help you determine the best long-term solution. For some clients, the best long-term solution might mean helping develop your internal knowledge base. For others, it may involve defining the resources necessary for you to handle these responsibilities in-house.
Either way, Velody Trade’s managed service program enables companies to utilize senior-level expertise to more effectively manage global trade partners on a variable-cost, month-to-month basis.
1. Business Process Analysis
2. Operational Trade Compliance Review
3. Optimized Business Process Report
4. Implementation of the Optimized Business Process Report and option of retaining Velody Trade for a managed service engagement
Through Velody Trade’s proprietary Business Process Analysis, we’ll analyze specific areas within your supply chain to identify time and cost savings, operational inefficiencies and potential risk areas.
This analysis will include a comprehensive Trade Compliance Review. Having a solid compliance program in place is vital in reducing your company’s risk and protecting your invaluable import privileges. The procedural framework that accompanies this part of this review will also identify additional operational efficiencies.
After the Business Process Analysis and Trade Compliance Audit have been completed, we will present our findings in the Optimized Business Process Report. This report will identify areas for cost savings and determine risk vulnerabilities.
TradeCard, Inc. is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, sellers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard’s on-the-ground trade experts throughout the world assure superior supply chain agility.
Velody Trade selected TradeCard, Inc. as our strategic trade management systems provider. The business rules that can be set on the TradeCard Platform are the perfect solution to reinforce and optimize business processes across all functional areas of global trade, as defined and implemented by Velody Trade.
“We are very excited about our partnership with Velody Trade,” said Kurt Cavano, TradeCard, Inc. CEO. “Their deep customs and logistics domain expertise — combined with their highly personalized customer support methodology — makes them the perfect partner for delivering our technology and services to the small- and mid-size enterprise (SME) market. Our combined services significantly raise the bar on what is currently available to the SME customer.”
TradeCard manages global trade for thousands of users in over 50 countries, including Columbia Sportswear, Rite Aid and Wolverine Worldwide. TradeCard, Inc. is headquartered in New York City and has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Colombo, and Shenzhen.
To learn more, contact us at email@example.com .
Duty Drawback is a refund of 99% of the duties paid on goods imported into the United States that are subsequently exported unused or destroyed. The drawback claimant can either be the importer, manufacturer or exporter, provided the proper authorization and documentation is filed with the U.S. Customs and Border Protection.
According to government reports, 75% of all eligible companies do not file their drawback claim. That leaves an estimated $2 billion in unclaimed Duty Drawback refunds each year. Many companies are not aware of their right to a duty refund. We can help you determine what you may leave unclaimed.
As part of the duty drawback service, we will assess your import, manufacturing and/or export process to identify and retrieve the necessary documents and reports to file your claim in compliance with all U.S. laws and regulations.
Please contact us to assess your eligibility for a refund at firstname.lastname@example.org.
Losses during transport occur frequently. Containers shift and fall overboard, vessels catch on fire, collide and capsize, cranes puncture containers, goods left on a dock for loading gets destroyed by severe weather, and maritime piracy continues throughout the seas. Cargo Insurance covers the loss, damage or theft of goods while in transit.
Velody Trade has selected a member company of the OneBeacon Insurance Group, A.M. Best rated A (Excellent) XIII (financial size $1.25 to $1.5 Billion) as the security for an all risk policy that covers all cargo movement, whether by sea, air or land. We want you to have the peace of mind in knowing that you have exceptional coverage at competitive premiums. Velody Trade manages all administrative tasks associated with shipment reporting and, in the event of a loss, works to ensures a quick settlement and payout to you.
Contact us for a quote at email@example.com .
Velody Trade is not a forwarder. The freight forwarders we recommend meet our expectations of competitive rates and exceptional service to meet the needs of our clients. Through the Velody Trade Business Process Analysis we will compare the rates and service of your existing forwarder to those of our partners. This process keeps us current with rates and our partners competitive.
Whether you use our partner or continue to use your existing forwarder, we consistently find our involvement offers substantial savings on rates, as well as an end to confusing and unexplained charges that make invoices difficult to audit. We validate all charges and audit every invoice. This further streamlines your accounting functions.
We draft and enforce your international shipping procedures in close cooperation with all supply chain partners. We ensure your cargo Importer Security Filing of 10+2 information is accurately and timely filed.
Contact us about forwarding your products at firstname.lastname@example.org .
We engineer an operationally compliant framework between you and your Customs broker to ensure expedited Customs clearance to meet your delivery needs. We educate them on your business and products and create a team that supports a solid compliance program that looks out for not only risk, but also opportunity.
We ensure the broker follows your policies and procedures set out in a compliance manual that we customize to your operations. The broker relationship will be set up and managed to provide you exceptional representation to U.S. Customs.
Velody Trade helps you to manage this critical relationship and provides you with additional audit and compliance oversight.
Our respected lab partner has the expertise, equipment and experience to run lab tests on all types of imported footwear, handbags, jackets and anoraks, coated or laminated textile fabrics, etc. You receive a written lab report that describes the sample, the analysis methods used and presents the test results clearly and concisely in the proper format for Customs. We offer this service to clients, brokers and other consultants.