• <More on Intel.com

Hyundai-Kia: Optimal Solution for Country-of-Origin Verification

We are sorry, This PDF is available in download format only

Hyundai-Kia: Optimal Solution for Country-of-Origin Verification

The Hyundai-Kia Automotive Group and its suppliers chose Ecocloud’s Free Trade Agreement (FTA) Insight* System equipped with Intel® Xeon® processors and Intel® Solid-State Drives for easier data integration and storage of reference materials for country-of-origin verification.

CHALLENGES
• Country of origin verification for FTA customs tax benefits. It has become increasingly important to understand complicated FTA export customs procedures, and to be able to verify the country of origin, to benefit from FTA tax exemptions.
• Increased importance for suppliers to adopt country of origin verification systems. The lack of understanding of the FTA has left many smaller suppliers unequipped with country-of-origin verification protocols, warranting a more sophisticated system.
• Fast deployment. As soon as an FTA goes into effect, the obligation to store documents related to country of origin verification begins, so quick deployment of the system is crucial.

SOLUTIONS
• Ecocloud's FTA Insight System, equipped with Intel® Xeon® processors X3565 and Intel® SSDs. Ecocloud is the South Korean leader in FTA-related system projects and this experience has proven vital to developing an efficient country-of-origin verification system. Ecocloud has been the world's first company to adopt the embedded cloud software as a service model.

IMPACT
• More efficient country-of-origin-related verification work by suppliers. By being able to manage complicated FTA country-of-origin references compiled by over 300 suppliers, Hyundai-Kia can now efficiently verify the country of origin, meeting FTA regulations and benefiting from FTA tax exemptions.
• Increased exports through competitive pricing. By meeting FTA guidelines and gaining customs tax benefits, Hyundai-Kia now offers more competitive prices, which have increased exports.

Read the full Hyundai-Kia: Optimal Solution for Country-of-Origin Verification Case Study.