Operational Update: Ghana

  • Further to Post of October 24th:

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Following receipt of the draft Standby Letter of Credit (3rd party guarantee of payment) issued by a financial institution, we treated this prospect as real.  Accordingly, we have been conferring with the Ghana Standards Board as to precisely what approvals will be required at the port of entry in order ensure that the shipment will clear customs without incident.  An initial shipment with significant value to a new jurisdiction needs to be handled with a great deal of attention to detail.  One does not want to end up with a 40 ft container load worth of product sitting in customs bond because of a technicality that hasn’t been addressed. 

In other words, now that the customer has shown how serious they are, we in turn have been drilling down into the details of the applicable Ghana Standards Board approval protocol and customs clearance procedure and final approval of the label.  None of this is a problem – it just takes time to obtain the various sign-offs on the other end first time around.  It would be naive for Winning Brands to rush the shipment out the door for the purpose of having it included in the December sales figure instead of the January sales figure, IF the price of that haste is a small but vital technicality that undermines smooth operations on the other end for months to come.

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