Provided below are a couple of web resources that are available for determining a preliminary numerical cost/benefit analysis. These calculators do not cover all the relevant business items that will help gain an informed decision on the programs benefits to your organization. It is strongly encouraged that if a company is seeking to find the true benefits of the FTZ program, that they speak with a representative of INzone or an FTZ consultant.
The following links are provided to assist customers with an informal estimate.
The following are examples of savings that can be achieved.
Reference | |||
Average On-Hand Imported Merchandise Inventory | $32,000,000 | ||
Average Imports of Foreign Parts/Material | $128,000,000 |
Direct Cost Savings | |||
Average Rate of Foreign Parts/Material Customs Duty | 6% | ||
Average On-Hand Imported Merchandise Inventory | x $32,000,000 | ||
= FTZ Borrowing Reduction Savings | $1,920,000 | ||
Interest Rate | x 5% | ||
= FTZ Interest Reduction Savings | $96,000 | ||
Merchandise Processing Fee | $485 | ||
Average Weekly Entries in a Zone | x 17 | ||
Annual Weekly Entries | x 52 | ||
= Annual MPF Expense Without a Zone | $428,740 | ||
= Annual MPF Expense With a Zone | – $25,220 | ||
= Annual Savings | $403,520 | ||
Customs Broker Entry Fee | $125 | ||
Number of Customs Entries Filed | x 884 | ||
= Annual CBF Expense Without a Zone | $110,500 | ||
= Annual CBF Expense With a Zone | – $6,500 | ||
= Annual Saving | $104,000 |
Optional Savings | |||||
Annual Percentage of Scrap/Waste/Obsolete/Surplus Merchandise | 2.5% | ||||
Annual Imports of Foreign Parts/Material | x $128,000,000 | ||||
= Average Annual Cost of Surplus Merchandise | $3,200,000 | ||||
= Average Foreign Parts/Material Customs Duty Rate | x 6% | ||||
= Scrap/Waste/Obsolete/Surplus Savings in FTZ | $192,000 | ||||
Average Percentage of Zone-to-Zone Transfers | 10% | ||||
Annual Imports of Foreign Parts/Material | x $128,000,000 | ||||
= Average Annual Cost of Zone-to-Zone Transfers | $12,800,000 | ||||
= Average Foreign Parts/Material Customs Duty Rate | x 6% | ||||
= Zone-to-Zone Transfer Savings in FTZ | $768,000 | ||||
= ANNUAL SAVINGS | $403,520 | ||||
Average Percentage of Exports | 20% | ||||
Annual Imports of Foreign Parts/Material | x $128,000,000 | ||||
= Average Annual Cost Exports | $25,600,000 | ||||
= Average Foreign Parts/Material Customs Duty Rate | x 6% | ||||
= Export in FTZ | $1,536,000 |
View the distance/time calculator.