TTI, Inc., a leading specialty distributor of electronic components, is pleased to announce the company has satisfied the newly released minimum security criteria for Customs Trade Partnership Against Terrorism (CTPAT), a voluntary incentives-based program. As outlined by the program, U.S. Customs and Border Protection (CBP) partners with members of the trade community to strengthen global supply chain security.
Don Akery, President, TTI Americas, remarked on TTI’s recent accomplishment, “The value of a CTPAT membership goes beyond dollars and cents and includes risk avoidance, a communal approach to a stronger supply chain, the ability to compete for contracts that require CTPAT membership, and the advantage of the credibility that CTPAT membership affords.”
Akery went on to say importers and exporters who are members of CTPAT must ensure their supply chain security practices meet certain minimum security (MSC) established by Customs and Border Patrol Protection. In return, CTPAT members receive various benefits, including reduced cargo examinations and shorter times at border crossings.
