Auto industry turnes into benefits of CoreXchange

With a number of clients servicing the motor industry in the Eastern Cape, specialist forwarding and clearing software provider Core Freight Systems has developed experience and expertise in the processing of multiline invoices. “Each requires specific descriptive fields to accommodate information such as colour, engine size and model, in addition to the – usually long and complex – unique Vehicle Identification Number (VIN) attached to each unit, which is typical of the industry,” says Core Freight’s Glenn Lawson. “Within this environment there is the opportunity to really leverage information technology, minimising manual data capture, optimising the speed and accuracy of information transferred between independent applications, and contributing to the overall efficiency of the supply chain, which is vital when dealing in a competitive international industry such as motor manufacturing.” To address this situation, Core Freight’s CoreXchange helps to facilitate the movement of data between the CoreFreight module, which accommodates the submission of Bills of Entry to Sars Customs via EDI, and third party applications which are also at work within the supply chain, says Lawson. “We constantly review and refine the functionality available to help our clients work smarter, not harder, to get the job done – and the benefits of the CoreXchange functionality are not restricted to the processing of vehicles or the Eastern Cape. “We see the uptake of its application in a number of other industries – for example the retail sector,” he said. “This is particularly relevant given the expansion of operations by many South African-based retailers into the rest of the African continent, taking advantage of the relative positive growth in the region when compared to other markets worldwide.” “The integrated processing of import, bonded warehousing and potential subsequent export off a single platform not only simplifies the management from a Customs perspective but reduces the cost and complexity associated with integration between independent applications. In addition to this there is the potential for the simple production of a duty drawback claim via the Sars DA63 in cases where goods originally cleared for consumption in the Republic are subsequently re-assigned for export. INSERT ‘While the functionality in the application may be advanced, it is simple to use and accessible to a broad range of users.’ CAPTION Glenn Lawson … ‘Constantly reviewing and refining functionality.’