SECURING

OPERATIONS IN A CONSTANTLY CHANGING ENVIRONMENT

Risk is an integral part of Fives’ business, whether related to export conditions or international transactions requiring commercial intermediaries. In this context, appropriate means of prevention, control and audit are key.

Business ethics: identify the risks to better target efforts

One of the main challenges of the prevention of corruption is to proportion the actions to risks and stakes, in order to secure the business activities while accompanying the operational staff in their efforts. It is therefore first of all about identifying the risks, building the appropriate action plans and keeping everyone’s attention on these subjects, through training and sensitization. The year 2017 was a decisive year for French companies with the coming into force of the Sapin II law, which affects the means of prevention, training, warning and punishment.

Export rules: implementation of a flexible and responsive system

The geopolitical context requires all companies to be increasingly careful, especially with regards to export rules. Within the Fives group, a network of referents has been set up in order to bring back to the central teams (legal, international development, customs and logistics) the elements making it possible to ensure compliance with the export rules.

Manage customs operations to reinforce competitiveness

In a constantly evolving international regulatory context, the good management of customs operations provides Companies with a considerable competitive edge. Formerly considered declarative, accounting and too technical, customs become forward-looking, strategic and allows operators to make substantial savings (optimization of sourcing, procedures allowing rapid customs clearance, logistical gains, etc.). Teams of specialists assist Fives’ subsidiaries at all stages of their projects to secure the flow of goods and streamline the logistics chain.