Simply Trade [Events}: Securing the Global Supply Chain: Insights from the World BASC Organization

"Nobody has the resources to examine 100% of cargo. The thought of needing to do that was unrealistic, and it took time for customs and the private sector to embrace a collaborative approach."

In this episode, we sit down with Erik Moncayo, the International President of the World BASC Organization (Business Alliance for Secure Commerce), to discuss the critical role of supply chain security in international trade, importing, and exporting. BASC is a non-profit organization that works to facilitate secure and efficient trade by bridging the gap between customs agencies and the private sector.

Main Points/Takeaways:

1. The Evolution of Customs-Private Sector Collaboration
- The initial resistance and "Mexican standoff" mentality between customs and companies when trying to implement trust-based programs like FAST
- The gradual shift towards a collaborative approach, where customs and the private sector work together to secure the supply chain

2. Securing the Supply Chain in Latin America
- BASC's role in helping Latin American customs agencies build their AEO (Authorized Economic Operator) programs
- The organization's efforts to align BASC certifications with international standards like CTPAT

3. The Importance of Facility-Level Security Audits
- BASC's annual audits that require companies to conduct internal assessments of their security processes
- The analogy of "running a tight ship" to prevent and quickly identify supply chain disruptions

4. The Growing Prominence of Supply Chain Security in Academia
- The emergence of dedicated supply chain security degree programs at universities
- BASC's efforts to engage with academic institutions at their upcoming global conference

By fostering collaboration between customs agencies, the private sector, and academic institutions, the World BASC Organization plays a crucial role in strengthening the security and efficiency of global supply chains. This episode provides valuable insights for anyone involved in international trade, importing, or exporting, highlighting the importance of proactive security measures and the benefits of public-private partnerships.

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:

• Global Training Center - www.GlobalTrainingCenter.com

• Simply Trade Podcast - twitter.com/SimplyTradePod 

• Erik Moncayo - https://www.linkedin.com/in/erikmoncayo1/ 

• World BASC Organization and event registration - https://www.wbasco.org/en 

Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

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