Briefs

EVERGREEN, Colo./EWORLDWIRE/Aug. 30, 2005 --- The U.S. government compiles data on import transactions and offers it in the form of Importer Trade Activity (ITRAC) data. However, importers, attorneys and customs brokers find this data difficult to use because of its complicated formatting and 23 different datasets that must be related.

Global Data Mining (GDM) has developed a solution with the introduction of ITRAC Executive Analysis Reports. The essential information is extracted from the ITRAC data, then compiled and organized to create in-depth, multi-year reporting of a company's importing activities. Clients receive an entire package of reports that may reveal areas prone to unacceptable risks and provide management long needed transparency into their importing operations.

Importers, attorneys and customs brokers can then analyze the many ITRAC Executive Analysis Reports to identify operational trends, to discover potential red flag risks and to measure the performance of their importing operations. The reports provide clients the information needed to identify significant irregularities.

For example:

Why are identically classified goods purchased from the same Mexican factory receiving NAFTA treatment only 56 percent of the time?

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