The Impact of Innovation on Product Classification
and what the future holds
Innovation and advancements in technology are having numerous effects on product classification. For example, new, complex products are difficult to classify using existing nomenclature, more in-depth product and customs knowledge is needed to arrive at the correct classification code, and governments are investing in systems for smarter checks and controls.
This whitepaper addresses how innovation is changing the product classification landscape and actionable steps you can take to create a repeatable process for accurate classification.