For Immediate Release - May 1, 2019
Contact: Jennifer Read - firstname.lastname@example.org
ECIA's Global Industry Practices Committee (GIPC) Develops Guidelines on China Tariffs
Atlanta - The ECIA Distributor Council assigned the GIPC (Global Industry Practices Committee) to identify multiple best practices regarding the transfer and/or exchange of information for the handling of China tariffs between electronic component Manufacturers and Distributors.
Since the implementation of the China Tariff List 301 in July 2018 the electronic components authorized channel partners have been dealing with the sudden and unexpected challenges of implementing methods to manage and process the exchange of tariff information.
A distributor subject matter expert working group within the GIPC addressed the issue through research to provide best practices specifically regarding the transfer and/or exchange of information about this matter.
The document that is now available represents what distributors consider to be best practices by manufacturers for handling the China tariffs. Each manufacturer may determine which policies and practices best fits its own unique needs. This document does not represent a collective effort to require manufacturers to adopt or use a specific best practice.
The Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components. Comprised of a broad array of leaders and professionals representing all phases of the electronics components supply chain, ECIA is where business optimization, product authentication and industry advocacy come together. ECIA members develop industry guidelines and technical standards, as well as generate critical business intelligence. For more information, visit www.ecianow.org or call 678-393-9990.