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ARTICLE · 12 SEPTEMBER 2013

Bite Size - Recent Activity In The Food And Beverage Sector

Authorised Economic Operator status is an accreditation by Customs Authorities of a business' management of its supply chain security obligations.

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Supply chain security and AEO

Authorised Economic Operator (AEO) status is an accreditation by Customs Authorities of a business' management of its supply chain security obligations. Every supply chain has a multitude of participants, including manufacturers, assembly plants, and processors, through to shippers, forwarders, storage providers, distributors and retailers. All have their own part to play in ensuring the security of their own element of the supply chain, so in any supply chain, the greater the take-up of AEO, the more secure it is perceived, leading to faster clearance times and enhanced customs facilitation. AEO accreditation shows others in the supply chain that your activity meets security standards to a level which is satisfactory to Customs, and thus enjoys the benefits of 'trusted trader'. In future, AEO traders will suffer less intrusion from Customs at point of import, and will benefit from guarantee waivers, in instances where non-AEO

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