Thursday Aug 08, 2024
Mastering Supply Chain Traceability: Strategies for Forced Labor Compliance with Eric Hargraves
"If you're an importer of record in the United States, you have to demonstrate reasonable care for the products that you're bringing into this country. And this is no different. This falls under that requirement." - Eric Hargraves, from Elliott Davis
In this episode, we dive deep into the challenges and strategies for demonstrating "reasonable care" when importing products into the United States. Our guest, Eric Hargraves, a partner at the consulting firm Elliott Davis, provides invaluable insights on navigating the complex web of supply chain tracing and forced labor compliance.
Main Points/Takeaways:
- The complexity of supply chain tracing and compliance with the Uyghur Forced Labor Prevention Act (UFLPA): Tracing every entity and employee in a global supply chain is an immense challenge, requiring a strategic, risk-based approach.
- The history and evolution of supply chain tracing and forced labor laws in the US: The UFLPA is based on the Tariff Act of 1930, which prohibited imports of goods produced with forced labor, but the level of scrutiny has increased significantly in recent years.
- The importance of a risk-based approach and utilizing available resources for UFLPA compliance: Focusing on high-risk sectors and leveraging government resources, such as strategy updates and operational guidance, is crucial for importers.
- The challenges of country of origin claims and commingling of materials in global supply chains: Tracing the origin of materials like cotton can be extremely complex due to the global nature of production and potential for co-mingling.
- The need for a multi-disciplinary approach and leveraging technology to address supply chain compliance: Building a cross-functional team and utilizing supply chain mapping software are essential for maintaining a "bulletproof" traceability program.
This episode provides a comprehensive guide for international trade, importing, and exporting professionals on navigating the complexities of supply chain tracing and forced labor compliance. By understanding the strategies and insights shared by Eric Hargraves, you can better protect your business from the legal and reputational risks associated with forced labor in your supply chain.
Enjoy the show!
Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:
https://globaltrainingcenter.com/forced-labor-supply-chain-tracing/
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:
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Global Training Center - www.GlobalTrainingCenter.com
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Simply Trade Podcast - twitter.com/SimplyTradePod
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Eric Hargraves - https://www.linkedin.com/in/eric-hargraves-98a4572/
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Elliott Davis - http://www.elliottdavis.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.
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