Client: DMG Mori UK Ltd

DMG MORI UK

DMG MORI is a leading global manufacturer of high-precision machine tools and is represented in 44 countries with 124 sales and service locations, including 17 production plants. The UK subsidiary is responsible for sales of CNC machines and associated spare parts to UK and Irish customers which are imported most frequently from Japan and Germany and also manages the temporary export and re-import of parts for repair.

Following the UK’s exit from the EU, their importing and exporting processes had become more complex and it was believed that the previous ways of doing things were no longer necessarily the most efficient or cost-effective. Another important objective was to ensure customs compliance in the UK and in partnership with other Group members.

The International Trade Consultancy was engaged to conduct an on-site customs audit of the UK operation’s imports and exports to identify potential areas for improvement. The audit encompassed;

• The best Incoterms for permanent import, temporary export and parts for exchange
• Freight and customs costs
• Import duty
• Import VAT
• HS Codes

Following the visit to site for the in-depth customs audit, The International Trade Consultancy provided a report clarifying a number of areas that had been causing confusion and identifying several money-saving opportunities. Six recommendations were made to future-proof smooth imports and exports that could be implemented in partnership with other members of the Group.