STRATEGY ONE > Volume II > Number I

In This Issue

Retailers Deal

with Access

(Page 2)

Asset Recovery

(Page 3)

People Making News

(Page 4)

Buxbaum Group inventory appraisals exceeded $5 billion in 2003

Continuing to diversify beyond its longstanding retail industry base, Buxbaum Group's appraisal division evaluated more than $5 billion in consumer products inventories at cost value during 2003—approximately 70% in wholesale and manufacturing environments. In addition, the firm's Buxbaum/Century affiliate appraised machinery and equipment valued in excess of $500 million last year.

The firm—which executes appraisals on behalf of lending institutions at retail, wholesale and manufacturing entities—recently launched a

program to market its highly sophisticated appraisal services to the financial community under the Roadmap™ brand.Nearly 60% of Buxbaum's appraisal activity last calendar year was on

Jim Siebersma

wholesale distribution inventories, about 10% in the manufacturing sector, and the remainder in retailer inventories.

for more click here (Page 2)

Weighing Impact of Stricter Customs Exams

By Richard Ellis, Executive V.P

Trans-shipment is a visa/quota fraud method utilized by certain exporters, most notably in China, to mask a product's true country of origin by shipping through third-party countries, or by falsifying papers to suggest manufacture in a third-party country — allowing exporters to exceed quota limitations. The list of suspect countries is long and reads like a "Who's Who" of the textile/ apparel world. Shipments arriving from any AGOA country, Andean Trade Preference country, Hong Kong, Vietnam, Russia, Uzbekistan, Kazakhstan, Macau, Taiwan, and South Korea will be targeted by Customs. Shipments from Sri Lanka, Pakistan, and India are also of great interest. Some of the above countries are also suspected points for terror-related shipments, so inspections serve a dual purpose.

for more click here (Page 4)

In beefing up its war on the transshipment of goods in 2004, the U.S. Customs & Border Protection agency has created significant delays in customs, spelling

Richard Ellis

STRATEGY ONE

Published by Buxbaum Group 26610 Agoura Road Suite 120

Calabasas, CA 91302 (800) 990-6820

www.buxbaumgroup.com

potential disaster for those dealing in seasonal merchandise. For companies that are not adequately prepared, these actions—which can hold up goods in Customs for up to 30 days— will have significant implications for textile/ apparel importers, their retail customers and their financial institutions.




In This Issue Retailers Deal with Access (Page 2) Asset Recovery (Page 3) People Making News (Page 4)	Buxbaum Group inventory appraisals exceeded $5 billion in 2003
	Continuing to diversify beyond its longstanding retail industry base, Buxbaum Group's appraisal division evaluated more than $5 billion in consumer products inventories at cost value during 2003—approximately 70% in wholesale and manufacturing environments. In addition, the firm's Buxbaum/Century affiliate appraised machinery and equipment valued in excess of $500 million last year. The firm—which executes appraisals on behalf of lending institutions at retail, wholesale and manufacturing entities—recently launched a

program to market its highly sophisticated appraisal services to the financial community under the Roadmap™ brand.Nearly 60% of Buxbaum's appraisal activity last calendar year was on					Jim Siebersma
wholesale distribution inventories, about 10% in the manufacturing sector, and the remainder in retailer inventories. for more click here (Page 2) Weighing Impact of Stricter Customs Exams
By Richard Ellis, Executive V.P				Trans-shipment is a visa/quota fraud method utilized by certain exporters, most notably in China, to mask a product's true country of origin by shipping through third-party countries, or by falsifying papers to suggest manufacture in a third-party country — allowing exporters to exceed quota limitations. The list of suspect countries is long and reads like a "Who's Who" of the textile/ apparel world. Shipments arriving from any AGOA country, Andean Trade Preference country, Hong Kong, Vietnam, Russia, Uzbekistan, Kazakhstan, Macau, Taiwan, and South Korea will be targeted by Customs. Shipments from Sri Lanka, Pakistan, and India are also of great interest. Some of the above countries are also suspected points for terror-related shipments, so inspections serve a dual purpose. for more click here (Page 4)
			In beefing up its war on the transshipment of goods in 2004, the U.S. Customs & Border Protection agency has created significant delays in customs, spelling
		Richard Ellis
STRATEGY ONE Published by Buxbaum Group 26610 Agoura Road Suite 120 Calabasas, CA 91302 (800) 990-6820 www.buxbaumgroup.com	potential disaster for those dealing in seasonal merchandise. For companies that are not adequately prepared, these actions—which can hold up goods in Customs for up to 30 days— will have significant implications for textile/ apparel importers, their retail customers and their financial institutions.