IT-supported tariff classification presents many companies with challenges: too much effort, too complicated or existing isolated solutions that are not optimally integrated. With the Advanced Classification Hub for SAP GTS, this process is now considerably simplified.
Challenge of commodity codes and solution
“The correct classification of goods is an elementary prerequisite for using SAP GTS and is also one of the biggest challenges in foreign trade-related master data management“, says Christian Duarte Martinez, Product Owner Advanced Classification Hub at cbs, Although SAP GTS offers mass maintenance and a text-search-based classification tool, it is difficult to handle large amounts of data efficiently and extensively automate number assignment.
Together with AEB SE, cbs has closed this gap. The Advanced Classification Hub by cbs offers an interface from SAP GTS to the tried-and-tested AEB Product Classification solution. This allows AEB’s AI-based determination strategies for customs tariff numbers to be used and the results to be transferred to the SAP GTS standard. The AEB solution is not limited to determining customs tariff numbers for import and export to and from the EU. It can be extended, e.g. to include the US import and export tariff numbers or other countries and regions, provided that the corresponding content is available from the data providers.
More efficiency and accuracy with AI support
Lack of transparency, high manual effort and repetitive tasks can therefore be reduced. At the same time, the efficiency of the self-learning solution is increased through continuous training.
This not only saves companies time and resources, but also improves the accuracy and consistency of their rating processes. By integrating AEB’s AI-based determination strategies, manual processing is reduced, which leads to a significant reduction in the error rate. „The AI of AEB Product Classification supports you holistically – from the optimization of the maintenance process to the automatic assignment of foreign trade data“, emphasizes Daniel Schüler, Product Manager AEB Classification. In addition, the continuous further development of the self-learning algorithms enables constant optimization of the processes.
Seamless SAP GTS integration and flexibility
Another advantage of the Advanced Classification Hub is the seamless integration into the existing SAP GTS standard. Companies do not have to implement any additional systems or interfaces, which significantly reduces implementation time and costs. The solution is immediately ready for use and can be easily integrated into the existing IT infrastructure.
In addition, the Advanced Classification Hub offers a high degree of flexibility and scalability. Companies can adapt the solution to their specific needs and expand it as required. In a constantly changing global trading environment, companies can thus react quickly to new requirements.
Continuous further development and conformity
The collaboration between cbs and AEB SE ensures that the solution is continuously developed and adapted to the latest regulatory requirements. This gives companies the certainty that they are always working in compliance with the latest regulations.