New release of RedPrairie Duty Management solution helps meet compliance requirements
RedPrairie Corporation, a productivity solutions provider, has helped to ensure that its customers are fully prepared for the European Union wide Excise Movements Control System (EMCS) regulations, with the release of version 2010.1 of its Duty Management solution.
Businesses operating in the beer, wine and spirits industry will be affected by the EMCS, which is being introduced to control the movement of Excise goods between premises in member states, replacing the paper based system which has been in use since 1992.
RedPrairie has been working closely with HM Revenue and Customs to ensure that users of its Duty Management solution are up to date with the latest legislation changes, which are delivered to customers in twice yearly system release updates.
The 2010.1 release update for Duty Management has the functionality to communicate with the EMCS system, to receive details of receipts expected from other EU states, and then discharge these once the stock has been received and checked against the expected quantities, while showing any discrepancies. Other legislation changes in the current release include a new electronic declaration for movements between customs warehouses.
EMCS is being introduced in two stages in the U.K. Since April 1st 2010, goods arriving from suppliers in member states that have already implemented the full system are being discharged electronically. From January 1st 2011, movements under bond to approved premises in the U.K. and other EU statues will need an electronic declaration to be made and accepted by the EMCS system. This will remove the need for paper copies to be signed and returned to the originating warehouses.
"We know that with RedPrairie we will always be ready for whatever changes are made by Customs, and this means that we, and more importantly our customers, will be too," said Hugh McMahon, Project Manager at The Malcolm Group, a third party logistics service provider and RedPrairie customer with four bonded warehouses across the U.K.
"We have customers receiving from states which have already fully implemented EMCS, and it is important for the continuity of their business that we will be able to accept this stock and meet all Customs requirements so it is available for orders."
"Continuous development and compliance is core to the RedPrairie roadmap" said Martin Hiscox, Vice Chairman of the Board, Managing Director and President International, of RedPrairie. "Our team works with Customs authorities and customers to help ensure that the system is compliant and maintains warehouse and administrative efficiency."