Triangular operations in international logistics are key elements that companies use to optimise their global supply chains. These operations involve the flow of goods between three parties or actors: the manufacturer or seller, the intermediary and the buyer or importer.
Although they may seem complicated at first glance, they offer a number of significant benefits that contribute to the success of companies in the international arena, including those in the pharmaceutical, veterinary, cosmetics, fine chemicals, food supplements and medical devices sectors.
- Cost reduction: Triangular operations can help companies reduce transport and warehousing costs through seamless processing. Direct transport saves considerable savings in terms of freight, tariffs, and storage costs.
- Optimization of delivery times: As direct shipments, triangular operations can speed up the delivery process. Intermediaries can have a better understanding of the regulations of the country of delivery, and of the transport routes, which allows them to expedite customs clearance and ensure faster deliveries.
- Regulatory compliance: Trade and customs regulations may vary from country to country, especially if it is international trade and there are no agreements between the nations or regions. Being familiar with national or regional regulations can help ensure compliance and avoid potential legal problems or delays in customs.
How can triangular operations be performed?
In order to carry out a successful triangular operation, it is helpful to have the support and advice of an experienced freight forwarder who will take care of the planning, all related fiscal and tax formalities, such as value added tax (VAT), as well as the perfect labelling of the goods and the smooth and efficient transport of the goods.
At Airpharm we ship goods quickly and efficiently by implementing triangular intra- community operations, streamlining all formalities such as VIES registration, and extra-community operations, whether mixed or pure.
We provide logistics and distribution support to organizations in the pharmaceutical, veterinary, cosmetics, fine chemicals, food supplements and medical devices industries to help them meet customer demand. With a triangular operation, the seller and the buyer entrust complex tasks to the freight forwarder, who will decide in consultation on essential issues such as the type of transport, whether by land, air or sea, aspects such as incoterms or delivery times, always with adequate traceability.
If you want to start triangular operations within your logistics, both inside and outside the European Union, and reduce the complications that may arise, contact Airpharm now and our team will give you personalized advice on the steps to follow to optimize your logistics processes.