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The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers. McKinsey & Company – Listen to the article: What is supply chain? A supply chain is made up of interconnected parts of a whole, all of which add up to finished products bought by customers.
CBP regulations place the burden for accuracy in the importation and payment of duties on the importer of record – not the broker or freight forwarder, as some importers mistakenly believe. Coordinate with Customs Brokers & Freight Forwarders. Different sources have articulated different definitions.
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