Simply Trade

[NEWS]: Sourcing Shakeup - How Businesses are Adapting to the Tariff Tango and Port Pandemonium

In this episode, we dive into the impact of tariffs on businesses, particularly in the fashion industry, as companies like Steve Madden shift their sourcing away from China. We also explore the ongoing issues at ports in the US and Canada, where unions are resisting automation, causing supply chain disruptions. This episode provides valuable insights for businesses navigating the complex landscape of tariffs and port operations.
Don't miss this informative discussion! Subscribe now to stay up-to-date on the latest trade news.
Connect with Simply Trade Podcast:
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- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/NEWS Moderator/Host: Annik Sobbing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Insights from the AIAG Conference

In this episode of Simply Trade, we dive into the key insights and discussions from the AIAG (Automotive Industry Action Group) conference, where industry leaders tackled pressing topics like the trade deficit and the pursuit of fair trade. Join us as we explore the complexities of global trade and uncover strategies to level the playing field for US manufacturers. Whether you're in the automotive industry or interested in international trade, this episode is a must-watch.
People Featured:
Miriam Cronk - Committee chair for AIAG [ https://www.linkedin.com/in/myriamgcronk/ ]
Andy Shines - Host of Simply Trade podcast, keynote speaker at AIAG conference [ https://www.linkedin.com/in/andyshiles/ ]
Matt Pohlman - CEO of AIAG [ https://www.linkedin.com/in/matt-pohlman-77434111/ ]
 
Don't miss out on this valuable industry perspective - subscribe now to stay up-to-date on the latest trade developments.AIAG website: https://www.aiag.org/
 
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

[News]: Trade Policies Under the New Trump Administration

In this episode of the News Round Up, hosts Annik and Renee dive into the potential impact of the new Trump administration's trade policies on the global economy. Covering topics like near-shoring, green trade, and the implications for businesses, this episode provides valuable insights for trade professionals.
Don't miss this informative discussion - subscribe now to stay up-to-date on the latest trade news and trends.
 
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:Hosts Annik Sobbing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Renee Chiuchiarelli - https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/ Editor - Mara Marquez - https://www.linkedin.com/in/maramarquez85/

How Transfer Pricing and Customs Valuation Can Make or Break Your Global Empire - Aprio

Discover the critical intersection between #transferpricing and #customs #valuation , and how to navigate this complex landscape for optimal compliance. Join experts Carl and Jay as they share insights on aligning your pricing strategies, minimizing risks, and maximizing efficiency across your #globaloperations . Don't miss this essential #guide to optimizing your transfer pricing and customs valuation processes. Click to learn more!
 
Resources:
Aprio - https://www.aprio.com/
Jay Cho - https://www.linkedin.com/in/jay-cho/
Carl Budenski - https://www.linkedin.com/in/carl-budenski/
 
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Simply Trade [News]: Customs Broker Continuing Education Requirements Explained - Trudy Wilson

As a licensed customs broker, are you prepared for the new continuing education requirements coming in 2025? Get the inside scoop from an industry expert on what you need to know.
In this episode, we sit down with Trudy Wilson, an accredited instructor for Global Training Center and one of the five accreditors appointed by U.S. Customs and Border Protection to help implement the new continuing education program for customs brokers. Trudy breaks down the details of this landmark change, including key dates, credit requirements, approved course formats, and tips to help brokers make the most of this new opportunity.
Main Points/Takeaways:
- Starting January 1, 2025, all licensed customs brokers will be required to complete a minimum number of continuing education credits on a triennial basis to maintain their license. - For the 2025-2027 triennial period, brokers will need to earn 20 credits. Going forward, the requirement will be 12 credits per year.- Approved continuing education activities include live webinars, online self-guided courses, conferences, port tours, and more - as long as they meet the criteria set by the accreditors.- Customs is collaborating closely with the private sector accreditors to ensure the program works for both the government and the trade community. This includes allowing a wide range of educational formats and topics.- Brokers should work with their employers to understand training budgets and strategically choose courses that not only fulfill the requirements, but also expand their knowledge and skillsets.
 
Resources:TruTrade SolutionsGlobal Training Center➡️CBP Article on Cont. Ed. Requirement
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

AI and Data Ingestion to Enhance Trade Compliance Screening for Businesses - Thariq Kara

Tariq from In Systems, shares how his company is using advanced data ingestion processes and chatbot interfaces to help businesses of all sizes navigate the complexities of global trade.
Whether you're an online retailer, a small business owner, or a trade compliance professional, you won't want to miss this insightful discussion on working smarter, not harder, in today's rapidly evolving trade landscape. Tune in now and discover how you can leverage cutting-edge AI solutions to enhance your operations and stay ahead of the curve.
Main takeaways:
💻 Leveraging AI and machine learning to ingest, enrich, and analyze global trade data for compliance screening
🏢 Providing accessible, affordable trade compliance tools for small-to-medium businesses to compete with larger enterprises
🤖 Utilizing chatbot interfaces and AI-powered classification wizards to help users navigate complex trade regulations
👨‍💻 Importance of integrating human expertise and validation alongside AI-driven compliance solutions
📱 Potential for mobile integration and camera-based product identification to further streamline trade compliance workflows
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Simply Trade [NEWS]: Fixing Canada's CARM System Before Taylor Swift Hits the Stage

In this episode of the Simply Trade podcast, we dive deep into the challenges and complexities surrounding the implementation of Canada's new customs system, CARM (the Canadian Assessment and Revenue Management system). The inability to properly process temporary imports for high-profile events like Taylor Swift's concerts highlights the urgent need for CBSA to prioritize resolving these critical system failures before they disrupt major international events and shipments. Our guest, Kim Campbell, a seasoned industry expert, shares her firsthand experiences and insights, shedding light on the issues importers, customs brokers, and the government are facing during this critical transition.
Resources:Connect with Kim: https://www.linkedin.com/in/kim-campbell-a9693b2/
IE Canada (formerly Canadian Association of Importers and Exporters):
- Website: https://iecanada.com/ 
- Information about their upcoming event in Ottawa where Kim Campbell will be speaking
 
Canada Border Services Agency (CBSA):
- Website: https://www.cbsa-asfc.gc.ca/  
- Information about the CARM system and resources for importers/exporters
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact: SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

TSA Tango: Keeping Supply Chains Dancing Through New Security Directives with Maureen Cori

In this episode, industry experts Maureen Cori and Andy dive deep into the recent TSA security directive for air cargo, exploring the challenges and opportunities for businesses to navigate these new requirements. Learn how industry collaboration and proactive engagement with trade associations can help address the complexities of the supply chain and ensure compliance. Don't miss this insightful discussion on how to stay ahead of the curve and maintain a secure and efficient supply chain.
Tune in now and discover practical strategies to keep your business thriving in the face of evolving security regulations!
Maureen Cori: https://www.linkedin.com/in/maureen-cori-8b5a41b/
TSA Air Cargo: https://www.tsa.gov/for-industry/cargo-screening-program
CBP: https://www.cbp.gov/border-security/ports-entry/cargo-security/acas
COAC: https://www.cbp.gov/trade/stakeholder-engagement/coac
IATA: https://www.iata.org/
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
Contact Us/ Suggest Topics Contact SimplyTrade@GlobalTrainingCenter.com
Credits: Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Simply Trade [NEWS]: Sharp Drop in US Import Prices Explained

Discover the reasons behind the sharp drop in US import prices in this informative Simply Trade News Roundup. From the impact on trade dynamics to the implications for businesses, our experts dive deep into the latest trends and developments. Whether you're a trade professional or simply interested in global economic shifts, this episode is packed with valuable insights you won't want to miss.
Tune in now and stay ahead of the curve!
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g?sub_confirmation=1
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
 
Contact Us/ Suggest Topics
Contact SimplyTrade@GlobalTrainingCenter.com
 
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

Mastering Logistics with Effective Standard Operating Procedures (SOPs) with Melzie Wilson

In the ever-evolving world of international trade and logistics, having well-documented and adaptable Standard Operating Procedures (SOPs) is crucial for maintaining efficiency, minimizing risk, and maximizing profitability. In this insightful episode, logistics experts Andy and Melzie Wilson dive deep into the importance of creating and continuously refining SOPs to streamline your supply chain operations.
Main Discussion Points:• The value of returning to the "basics" of SOPs, even in the digital age, to ensure consistency and clarity• The limitations of AI tools in developing comprehensive, tailored SOPs and the need for a hands-on, scenario-based approach• The importance of aligning expectations and communication between logistics service providers and clients• The "PPD package" (Physical, Paperwork, and Data) and the significance of mapping out each component's flow and timelines• The role of quarterly business reviews and continuous engagement to keep SOPs up-to-date and effective• The benefits of involving experts in the SOP development process to ensure thoroughness and accuracy
Key Takeaways:• Effective SOPs minimize risk and liability, allowing companies to keep more money in their bottom line• Consistent communication and collaboration between all stakeholders (logistics providers, clients, compliance, IT, etc.) are essential for successful SOP implementation• Regularly reviewing and updating SOPs, especially in response to changes in personnel, regulations, or service providers, is crucial for maintaining optimal logistics operations• Investing in expert guidance can pay dividends in the long run by ensuring your SOPs are comprehensive, adaptable, and aligned with your unique business needs
Enjoy the show!
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod 
Melzie Wilson - https://www.linkedin.com/in/melzie-wilson-7691a060/ 
The Global Zolutions - https://globalzolutions.com/ 
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
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Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.