F2F Class Notes (Nemo)[R]

Vocabulary

https://b-ok.cc/s/?q=compliance

German-德国人/德语/德国的
Germany-德国

mechanism (n) [C] (SYSTEM)
a way of doing something that is planned or part of a system
体制,结构方式
E.g. : The mechanism for collecting taxes needs revising.
收税制度需要修改。

private/public sector

succession (n):继承;继任;(尤指王位的)继承权
the act of taking over an official position or title; the right to take over an official position or title, especially to become the king or queen of a country
E.g.: He became chairman in succession to Bernard Allen.
他接替伯纳德∙艾伦任主席。
E.g.: She’s third in order of succession to the throne.
她在王位继承人顺位中排第三。

robust (Adj): (of a person or animal) strong and healthy, or (of an object or system) strong and unlikely to break or fail
(人或动物)强壮的,茁壮的;(东西或系统)坚固的,耐用的,结实的
E.g. : He looks robust and healthy enough.
他看起来非常强壮健康。
E.g. : a robust pair of walking boots
一双耐穿的远足鞋
E.g. : a robust economy
蓬勃发展的经济

wholesale (adj/adv): of or for the selling of goods in large amounts at low prices to shops and businesses, rather than the selling of goods in shops to customers
批发的(地);成批卖的(地)
E.g. : wholesale prices
批发价
E.g. : a wholesale supplier/business
批发供应商/业务
E.g. : We only sell wholesale, not to the public.
我们只批发,不零售。

Reading


https://www.investopedia.com/terms/f/foreign-corrupt-practices-act.asp

Trade Compliance

MANAGE REGULATORY COMPLIANCE ACROSS EXTENDED SUPPLY NETWORKS
Around the world, governments, border security services and customs authorities must balance the need for free-flowing international trade with the trade compliance requirements needed to protect themselves and their citizens from the risks of terrorism, smuggling and economic crime. They ask companies involved in the cross-border movement of goods to play their part in these efforts through a variety of enforcement mechanisms and voluntary schemes.

In the US, for example, the Customs-Trade Partnership Against Terrorism (C-TPAT) is a voluntary, incentive based partnership between the U.S. government and the private sector. C-TPAT offers participants several benefits, including reduced inspections and penalties. In many areas of the world, companies can apply for Authorized Economic Operator (AEO) status, which offers faster, simpler customs and security processes if they can demonstrate effective supply chain security and efficient customs processes and procedures.

Trade compliance doesn’t just mean companies have to ensure that their own processes are robust and well-documented. It also requires them to understand and manage compliance throughout their overseas supply chains. In today’s complex, multi-tiered supply networks, that can be an expensive and difficult activity.

DHL Resilience360 provides the ideal platform for organizations seeking to improve visibility of their international trade links, understand the associated risks and ensure compliance across extended supply chains.