Outward Processing Relief
Take advantage of the Outward Processing Relief with the right software in place

MIC-CUST® OPR helps to unlock significant cost savings provided by the outward processing relief
The MIC-CUST® OPR software module for Outward Processing Relief, supports businesses to process goods outside their home territory and re-import them with reduced duty liabilities. This strategy not only minimizes costs but also enhances export value, making OPR an essential consideration for any organization involved in international trade.
Effective trade compliance hinges on robust management solutions that facilitate seamless integration of customs procedures. Our advanced software tools streamline duty calculations and inventory management, ensuring full compliance with import and export regulations. By automating these processes, companies can avoid costly errors while optimizing their operational efficiency.
In an ever-evolving regulatory environment, seizing the advantages of OPR can significantly impact your bottom line. Our comprehensive trade compliance solutions empower businesses to capitalize on these opportunities, driving growth while safeguarding compliance. Discover how we can help you navigate the complexities of customs and unlock significant cost savings today.
Benefits
Streamlined Inventory Management for Outward Processing Relief
Our software solution offers inventory management features that ensure trade compliance with customs regulations, allowing seamless tracking and management of OPR stocks
Optimized Duty Calculation for Cost Efficiency
Accurately calculate duties on re-imported processed goods by supporting value-added and differential value duty calculation, ensuring you only pay on the value added abroad, thereby reducing overall costs and enhancing compliance
Improved Compliance and Operational Efficiency
Integrate with ERP systems to facilitate smooth adjustments and maintain compliance with outward processing relief, optimizing your international trade operations
Highlighted Product Features
Customizable 'fill or kill' feature
This feature allows businesses to define stock withdrawal preferences, enhancing operational efficiency while remaining compliant with regulatory standards.
Inventory management
Track each inventory addition and removal with precise categorization, facilitating robust management of import limits by tariff codes based on quantity, value and customs authorization timelines.
Flexible stock withdrawal logic
Our software solution supports various stock withdrawal methods, including configurable deduction sequences like first in, first out (FIFO), ensuring adherence to customs regulations while optimizing inventory flow.
Duty calculation support
The software facilitates accurate duty amount calculations for deductions from OPR stocks, providing businesses with the essential tools to minimize duty payments and remain compliant with international trade regulations.
Comprehensive audit trail
MIC-CUST® OPR ensures a complete audit trail from the initial customs declaration to the final inventory reduction, enhancing transparency and compliance in trade operations.
Bill of materials tracking
Achieve real-time tracking and traceability at the bill of materials (BOM) level, enabling businesses to monitor goods from initial import through to re-export of the finished products, thus improving supply chain visibility.
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Have questions about our company or products? Reach out to us, and our sales team will be happy to assist you. Or take advantage of the opportunity to explore how MIC solutions can elevate your business, with expert guidance from one of our specialists.