Success Case Fiorde Group: Natura

The Company

Founded in 1969, Natura is a Brazilian multinational company specializing in cosmetics, hygiene, and beauty products. A leader in the direct sales sector in Brazil, Natura achieved a net turnover of 7.9 billion Brazilian reais (equivalent to 2.1 billion euros) in 2016, with 6,400 employees and 1.8 million consultants. In addition to Brazil, the company is also present in countries such as Argentina, Bolivia, Chile, Mexico, Peru, Colombia, the United States, and France. It has factories in Cajamar (São Paulo state), Benevides (Pará state), and research and technology centers in São Paulo, Manaus (Amazonas state), and New York (United States).

**Information taken from the client’s website.

Fiorde Challenge

Importing stacker cranes with palletizers and a SHUTTLE system. Due to the large volume of equipment that made up the project, our challenge was logistics and the application of tax benefits, as the imported equipment was disassembled and shipped partially.

Strategy

Transfer all project shipments to a Customs Bonded Warehouse in a secondary area, using a single DI registration with early deliveries.

Results

In this project, we had more than 50 shipments per piece of equipment. We handled more than 100 containers in this operation, which took over 11 months, with the equipment disassembled, thus preventing customs inspection of the goods at the Customs Bonded Warehouse.

Due to the need for the application of an EX-tariff, a tax benefit granted by the Government for the importation of Capital Goods (machinery and equipment), reducing the import tax rate to 0%.

Where the equipment had to literally match the EX description since we did not have the complete equipment, it would prevent the application of the EX, as we could not wait for all containers to arrive for the inspection and registration of the import declaration, as it would compromise the equipment assembly project. In addition, we had an import receipt period longer than the deadline set by the legislation for the goods to remain in the customs bonded warehouse, which is 120 days, while the equipment import schedule envisaged importation in more than 360 days.

We achieved 100% success in this operation, with savings of more than R$5,000,000.00. Learn more at: Link to external article

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