MIÉ 25 DE SEPTIEMBRE DE 2024 - 13:29hs.
Leveraging bonded warehouse solutions

Quixant and Novatrade teamed up to help customers launch faster and more efficiently in Brazil

With significant legislative changes on the horizon, the Brazilian gaming and sports betting industry offers tremendous potential. To be able to swiftly serve its customers entering the country, Quixant has strategically partnered with Novatrade to deliver its game changing specialist technology and global integration support, supplemented by expert local operational processes and systems.

The relationship allows Quixant to quickly scale up its presence in the region, streamline logistics, reduce tax burdens for customers, and offer them fast, cost-effective market entry.

Why Quixant choses Novatrade to support expansion into Brazil

Establishing a strong local presence in Brazil is the key to ensuring our customers can seize early opportunities. However, navigating Brazil’s complex regulations and high import taxes presents unique challenges as only local companies with an import permit known as RADAR can manage the customs process. As a Brazilian Importer of Record, Novatrade enables Quixant to import and maintain stock in a bonded warehouse, accelerating market entry for our customers and providing them with faster access to products,” states the company.

By leveraging bonded warehouse solutions, we can store goods in Brazil without the burden of upfront import taxes. Goods can be stored for up to 24 months, with duties payable only when the products are sold and cleared through customs. This allows us to optimize cash flow while maintaining product availability for when the market fully opens, ensuring our innovative solutions are readily available to customers in a more cost-effective manner.

Additionally, the partnership enhances supply chain security. Finished products are held in Brazil, while semi-finished goods are stored at our manufacturing facility in Taiwan. This dual-location stocking approach ensures we can swiftly meet demand, with products pre-positioned in both Brazil and Taiwan. Distribution to Brazil can occur within 10 days via Novatrade’s bonded warehouse, offering greater reliability and efficiency.”

Simplified importation, local invoicing, and comprehensive support

Furthermore, Quixant offers flexible import options. Customers can choose between fully supported imports—where Novatrade handles the entire customs clearance process using their RADAR—or partially supported imports, allowing customers to manage the process with their own RADAR. This allows Quixant to focus on its core strength of delivering exceptional products and integration support, and its customers to focus on delivering unparalleled player experiences.

“We also simplify the purchasing process and reduce financial complexity for customers by issuing local invoices in Brazilian Reais. Customers can either collect products directly from Novatrade’s bonded warehouse or arrange for delivery to a preferred address,” adds the company.

Our global 24/7 support is further enhanced by local customer service in Brazil, provided by Novatrade’s dedicated Customer Success team. From order processing to customs clearance, the partnership ensures that we can deliver our world-class products efficiently, giving customers a competitive edge and the ability to be first to market in Brazil’s evolving gaming and sports betting landscape.

Setting new standards for success in Brazil

Quixant’s strategic partnership with Novatrade and the use of bonded warehouse solutions set a new standard for expansion in the Brazilian market. With Novatrade’s expertise in local logistics, tax optimization, and customer support, Quixant can remain focused on what the company does best—delivering high-quality gaming solutions and exceptional integration support—while leaving the complexities of importation and operations to a trusted local partner.

For international businesses looking to enter the Brazilian gaming and sports betting industry, this partnership serves as a model of how innovative logistics solutions can mitigate risks and drive success.

Join Quixant at G2E booth 2640 to find out more about the partnership, or arrange to meet us at the show, or an alternative time via the form below,” invites Quixant’s team.

Source: GMB