As previously stated, customs organizations around the world have two
primary concerns. First, they need to ensure that all goods are being taxed
appropriately. Second, they are responsible for guaranteeing security and
preventing prohibited goods from leaving and entering the country.
The scale of cross-border commerce and travel makes it impossible for
customs officials to manually review all customs paperwork and physically
inspect every freight container, package, and passenger. Instead, they
should use the huge volumes of data available to them to detect fraud
and assess risks and then direct their workforce and enforcement efforts
accordingly to achieve maximal results.
The task for CIOs of customs organizations is to deploy the right tools
for analyzing and processing the data, and then deliver those insights to
customs analysts, inspectors and senior decision-makers in a way that
allows them to make smart, well-informed decisions in a timely fashion.
For example, many customs organizations are using outdated risk profiling
engines to identify containers and shipments that are more likely to
carry illegal goods or be involved in customs fraud. These outdated
engines are built on business rules and risk profiles defined years ago,
and therefore miss many customs violations and have poor success
rates. In contrast, decision intelligence platforms using machine learning
models can automatically pinpoint suspicious patterns and anomalies,
analyze massive amounts of data from many data sources, and improve
the model’s accuracy over time by analyzing historical data. Guided by
decision intelligence-driven risk assessment models, customs officials can
shift toward a highly targeted, more accurate enforcement approach and
make smart decisions about which containers, shipments and packages
to inspect. Shipments and passengers identified as high risk should be
subject to inspection, while those individuals and firms who are low risk
are cleared faster with limited use of customs resources.
The Value of Decision Intelligence for Customs
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Decision
Intelligence
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