Axon’ in Hungary approved as Authorised Economic Operator

7 Mar 2019

Axon' Kábelgyártó Kft which is located in Kecskemét (Hungary) has just been approved as Authorised Economic Operator (AEO). The company specialized in flat flexible cables for automotive is the 5th company in the group to be AEO approved. This status enables Axon’ customers to receive their goods more rapidly as customs procedures are simplified. This label illustrates the group commitment in continuously improving customer satisfaction worldwide.

A trusted business partner

AEO is a status delivered by Customs Authorities of a country after auditing quality, security and safety procedures of a company. AEO provides businesses with an internationally recognized security standard and certifies the company as a “secure” and “reliable” partner. The process of certification does not involve only the logistics department of a company but also IT, purchasing, quality, sales & accounts departments. The involvement concerns all levels of the company. An audit is organized every 3 years by local Customs Authorities.

Better service for customers

The Axon’ group achieves 70% of sales worldwide. The interest of such certification is obvious: offer a better service for international customers. Lower rate of physical inspections of imported/exported goods, faster release of shipments, deferred payment of duties are examples of the benefits of this status which then allows for an easier access to simplified customs procedures when importing or exporting.

A worldwide group

The other subsidiaries of the group to be AEO are: Axon’ Cable in France, the Indian subsidiary Axon’ Interconnectors and Wires PVT, the Indian joint venture company Dhruv Axon’ Interconnect Ltd and the Chinese sister company Axon’ Interconnect Ltd. Other sister companies of the group including Latvia, Mexico and the UK have implemented actions to be AEO in 2019.