WTDC evolves to serve Duty Free & Travel Retail from its FTZ
WTDC, a Foreign Trade Zone and Logistics company specializing in inventory management for the duty free and travel retail industry, now oversees FTZ inventory management for some of the largest portfolios in the Spirits industry. When WTDC president and CEO Sean P. Gazitua first visited the IAADFS Duty Free show in 2013, he was focused on meeting with his existing customers to review their Operations. "It seemed that everywhere we went, our current customers were introducing us to other suppliers," Gazitua said. "Almost all of them were having the same logistics obstacles that we were resolving on a day to day basis." The company began restructuring to better suit its spirits customers and their client base. WTDC developed spirits-specific standard procedures while considering distinct requirements for each customer. Technology and personnel would become the focus of WTDC's culture shift. Understanding the buying cycles of the duty free market and their need to consolidate orders was also critical.
WTDC became a duty free marketplace of sorts, a location where buyers could purchase from multiple suppliers and consolidate under one roof. From COLA waivers and spirits samples to navigating intricate customs regulations for each country, it has been the challenges of its customers that have now become opportunities for the company. WTDC has evolved to provide complete global logistics solutions, elevating itself from a bonded warehouse to include Foreign Trade Zone, Air and Ocean Transportation, and Customs Brokerage services. A temperature control area was also built within the warehouse so customers could warehouse their liqueurs, cognacs, and champagnes alongside their other spirits inventory. Gazitua maintains a longstanding relationship with the developers of their warehouse management system. With his assistance, they built out new platforms and inventory control tools to manage spirits in a Foreign Trade Zone environment. Numerous EDI integrations added to his growing knowledge of systems and the importance of automated processes to facilitate orders and documentation.
For businesses looking to move goods across borders, the decision between
air freight vs ocean shipping plays a pivotal role. Each mode has its own set of advantages and considerations, and making an informed choice can significantly impact the efficiency and cost-effectiveness of your supply chain. In this blog post, we will explore the key factors that businesses should consider when deciding between air freight and ocean shipping, with a focus on how a worldwide logistics company like WTDC can help streamline the process.
