|ECONOMIC CONSULTING SERVICES, LLC
Economic Consulting Services, LLC
ECS' Transfer Pricing Network:
John Derrick, Vice President, joined Economic Consulting Services in 1992. Mr. Derrick’s primary area of expertise is in antidumping proceedings in U.S. and foreign jurisdictions. In addition, Mr. Derrick is ECS’ specialist in providing analytical services for foreign sales corporations (FSCs) and domestic international sales corporations (DISCs). Mr. Derrick also specializes in the development of information technology applications for regulatory compliance and business decision-making systems.
Mr. Derrick has worked extensively in all aspects of the investigations and administrative reviews conducted by the U.S. Department of Commerce (Department). He has worked closely with companies and their counsel to prepare petitions, sales and cost responses, critical analyses, and testimony in addition to successfully completing numerous verifications conducted by the Department. In this area, Mr. Derrick has participated in numerous market and non-market economy cases covering products such as stainless steel, carbon steel, antifriction bearings, tapered roller bearings, fresh cut flowers, persulfates, steel pipe, and bicycles. Mr. Derrick has also participated in antidumping investigations conducted by the trade authorities in Singapore and Brazil.
Mr. Derrick has developed guideline pricing and margin monitoring programs individually tailored to meet the needs of companies currently involved in U.S. antidumping proceedings and for companies facing potential antidumping constraints in the future. The guideline pricing programs provide a price floor for the company’s sales force for each subject product sold in the U.S. market or in the comparable market. The margin monitoring programs provide an assessment of the success of pricing steps taken by the company. Moreover, the reports generated in the margin monitoring phase identify the key factors driving the company’s antidumping duty liability. Together with the client, measures to control these key factors are developed and implemented, resulting in significant financial savings to the client, while preserving access to the U.S. market.
In addition to working on U.S. antidumping proceedings, Mr. Derrick has been extensively involved in assisting the Government of Singapore in antidumping investigations and reviews. In 1995, he led a two-day seminar that exposed Singapore Government employees to the methodologies used and tools needed in the cost, price, and margin analysis of antidumping proceedings. From that date, he has developed the dumping and injury margin analysis programs that the government uses in their investigations and reviews.
In the area of FSC and DISC services, Mr. Derrick has developed a line of services designed to maximize a company’s tax savings while minimizing the time and resources necessary to achieve those results. Mr. Derrick has led ECS in the development of an IT application that identifies the most beneficial product grouping and expense allocation methodologies available under the FSC and DISC regulations for each individual company.
Drawing from his experience in developing data warehouses for regulatory compliance issues, Mr. Derrick has recently begun developing a line of data mining applications and tools to extract additional value from regulatory data warehouses.
Mr. Derrick received his B.S. in economics from the Pennsylvania State University and his M.B.A. with concentrations in finance and strategic management from the University of Maryland.