The Storage Place Receives AEO Accreditation
AEO status is a an internationally recognised quality mark issued by HMRC that recognises a company’s role in the international supply chain is secure and its customs controls and procedures are efficient and meet EU standards.
The EU is actively encouraging organisations who export outside of the EU to sign up to the worldwide initiative. It has been designed to ensure that international supply chains are secure and controlled from the point of origin through to the final delivery destination.
This new status will allow The Storage Place and its customers quicker access to some simplified customs procedures and the right to ‘fast-track’ shipments through some customs procedures.
Michael Meredith, Managing Director commented:
“This certification signifies our professionalism and commitment to compliance within the international supply chain. I am extremely proud of our team receiving this mark of quality and it shows our customers that we guarantee an efficient service and further demonstrates our commitment to operational excellence.”
The Storage Place is one of only a few eCommerce Fulfilment Providers in the North East of England with a bonded warehouse licence, approved by HMRC. It enables customers to store goods imported from outside of the EU whilst deferring Duty and VAT charges until the goods have been shipped from the facility, improving cash flow by around 25%.