Simply Trade
Do you find yourself randomly classifying products… when you are not at work? Does the reason why you jump out of bed every morning have anything to do with validating your supply chain to insure trade compliance? Did you sit in your favorite chair with a glass of wine, paging through the latest regulations and thought to yourself, ‘what a great way to spend my free time’? If any of these apply to you, then you are very likely a ‘trade geek’… that is why we created Simply Trade just for you. Your hosts, Andy and Lalo have a combined 60+ years in the industry. Covering everything from logistics to technology. There is so much to learn with the ever-evolving world of trade. We’ve invited some friends over to our podcast to simply ’shoot the ship’ on all things trade. So join us every week as we discuss current and important trade topics with experts in their field who are passionate about helping you succeed! You’ll never run out of things to learn when it comes to trading goods across international borders. Let’s get to it!
Episodes
![Transportation Optimization Tactics for Sustainable Success with Abby Hafenbredl](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Thursday Jun 20, 2024
Transportation Optimization Tactics for Sustainable Success with Abby Hafenbredl
Thursday Jun 20, 2024
Thursday Jun 20, 2024
With margins crushed and volumes plummeting, freight companies are struggling to stay afloat. On this episode, top logistics consultant Abby Hafenbredl reveals the strategies actually working for brokers and fleets - and the steps you must take to future-proof your operations.
Abby joins us to discuss the challenges facing the transportation industry due to decreased volumes, labor shortages, and infrastructure issues exacerbated by the pandemic. She shares insights from her work with Lean Solutions Group optimizing operations for freight companies. Main Topics:
Margin compression issues and the costly mistakes others made during COVID that backfired
New business models needed to stay profitable as the market evolves
Understanding true operational costs and partnering strategically with carriers and shippers
Integrating technology, nearshoring, and route optimization to boost efficiencies
Key Takeaways:
Evaluate workflows and outsource non-revenue generating tasks to reduce costs
Partner with tech companies to assess productivity and identify opportunities
Create consistency for carriers by pairing freight and optimizing routes
Develop strategic, long-term partnerships for mutual benefit
Listeners gain an action plan for optimizing their transportation operations through proven strategies that will future-proof their business and ensure sustainable success no matter ongoing volatility or disruptions in global trade.
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:
Abby Hafenbredl - https://www.linkedin.com/in/abby-hafenbredl/
Lean Solutions Group - https://www.leangroup.com/
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Simply Trade [News]: Making Sense of Increased Imports and Potential Port Congestion](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog14879952/News_Roundup_gzf9t9_reskdw_chash5_300x300.jpg)
Monday Jun 17, 2024
Monday Jun 17, 2024
Struggling supply chains face increased imports - How will logistics players handle the surge?
This episode of Simply Trade unpacks challenges and opportunities as global trade rebounds.
Main topics
Navigating rising US imports and potential port congestion;
Tariffs on Chinese EVs over forced labor concerns;
Sanctions against Russian military support.
Insightful discussions cover the complexity of global dependencies and maintaining business relationships amid political tensions.
Key takeaways
Diversification may ease port impacts; sanctions effectiveness questions remain; global trade requires cooperation despite conflicts.
Enjoy the show!
Sign up for the upcoming Russian Sanctions webinar here:https://globaltrainingcenter.com/russia-sanctions-update-2024/
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 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/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Navigating Currency Risks in International Trade with John Min](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Thursday Jun 13, 2024
Navigating Currency Risks in International Trade with John Min
Thursday Jun 13, 2024
Thursday Jun 13, 2024
Did you know that poor currency exchange practices could cost your business up to 20% in profits? Tune in to learn how to avoid hidden fees and maximize savings on international payments
Andy and Lalo sit down with chief economist Dr. John Min of Monex Group to discuss best practices for managing currency risk and payment processing in international trade. As importers and exporters deal with fluctuating exchange rates, learn the strategies to protect your bottom line.
Main Takeaways:- Invoicing in local currencies rather than dollars saves up to 10% by avoiding currency conversion markups- Shopping exchange rates between providers can save 1-2% in basis points, equaling a 20% boost to profit margins - Forward contracts and options allow locking in rates for up to 2 years to eliminate volatility risk- Verify beneficiary information and stay up-to-date on sanctions to avoid financial issues or losing your money transmission license
Key Insights: - Hidden bank fees on international wires can add 3-4% above fair market rates without clients realizing- Crypto payments may soon bypass capital controls, moving funds instantly for a fraction of traditional costs- Proper currency management practices can make or break profitability for importers/exporters
Learn practical tips for exchange rate negotiation, risk hedging, and compliance to take control of a major unseen cost factor in international trade. Protect your bottom line by following the currency experts' best practices.
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:
John Min: https://www.linkedin.com/in/john-min-4941634/
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Simply Trade [Eh!]: Ways Canada is Taking Supply Chain Transparency to the Next Level (And What it Means for Your Business)](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Wednesday Jun 12, 2024
Wednesday Jun 12, 2024
Canadian companies are facing increasing scrutiny and obligations around forced labor in global supply chains. Trade lawyer Will Pellerin shares challenges and what's ahead. Kim Campbell and Andy discuss Canada's new reporting rules under Bill S-211 and challenges with CORE investigations. Guest Will Pellerin provides insights on compliance as an expert in Canadian trade law.
Main Takeaways:- Details of Canada's new forced labor reporting requirements - Concerns raised around CORE's lack of transparency in company investigations- Importance of advanced supply chain mapping and visibility into raw materials- New Canadian legislation expected to introduce due diligence obligations
Key Insight: "Governments now expect companies to know everything in their products and full supply chain origins, which was once impossible but is critical for compliance."
Learn how Canadian regulations are evolving and what proactive steps importers/exporters can take to address forced labor risks and future-proof global supply chain management.
References: William Pellerin: https://www.linkedin.com/in/williampellerin/Kim Campbell: https://www.linkedin.com/in/kim-campbell-a9693b2/
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
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/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Simply Trade [News]: Navigating Global Shifts in Mexico, Turkey and Ukraine](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog14879952/News_Roundup_gzf9t9_reskdw_chash5_300x300.jpg)
Monday Jun 10, 2024
Simply Trade [News]: Navigating Global Shifts in Mexico, Turkey and Ukraine
Monday Jun 10, 2024
Monday Jun 10, 2024
In this episode of the Simply Trade Podcast, hosts Annik and Renee Chiuchiarelli discuss the latest international trade news with insights on regulations, alliances, and economics.
Main Topics:- Mexico's new climate-focused president and her potential initiatives under USMCA- Turkey expressing interest in joining the BRICS alliance and what this means for global dynamics - Impact of continued steel tariff suspension on Ukraine's recovery from Russian invasionKey Insights:- Renee Chiuchiarelli notes Mexico's new president will focus on labor protections, environmental policies, and defending key industries under USMCA. - Membership in both NATO and BRICS allows Turkey to balance relationships but remains a contradiction to watch.- Even at 1% of imports, tariff suspension aids Ukraine's industry and helps accelerate recovery from ongoing conflict.Tune in to get an expert analysis of emerging trade policies and economic shifts from a female perspective in international trade. Stay up-to-date on compliance with insights on sanctions updates from an upcoming webinar speaker.
Enjoy the show!
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 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/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Leveraging Data to Streamline Global Trade with Angela Czajkowski](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Thursday Jun 06, 2024
Leveraging Data to Streamline Global Trade with Angela Czajkowski
Thursday Jun 06, 2024
Thursday Jun 06, 2024
How leading companies are using data-driven strategies to cut costs and improve supply chain visibility.
On this episode of Simply Trade, Angela Czajkowski of Hartman Advisory shares how organizations can maximize existing systems and leverage new data sources to gain real-time visibility and make smarter decisions across international trade operations.
Angela emphasizes that "AI is not a magic bullet" and stresses the importance of data governance before implementing new technologies. She also highlights challenges in obtaining accurate ETAs and tracking data from multiple sources.
Key takeaways:
- Develop a holistic data strategy owned by all departments to streamline processes and eliminate exceptions
- Evaluate systems based on supporting desired outcomes like reduced cycle times before replacing
- Aggregated data sources like Flow can inform decisions, but clean internal data is critical for trend analysis
- Map supply chain processes to understand information needs and ensure systems enable desired outputs
By aligning IT investments to business goals and prioritizing pain points, companies can gain insights to proactively manage international shipments, optimize routes, and expedite time-sensitive orders.
This episode provides actionable guidance on leveraging data assets to improve supply chain visibility and make global trade operations more efficient.
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
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
Angela Czajkowski - https://www.linkedin.com/in/angela-czajkowski-12010111/
Hartman Advisors - https://hartmanadvisors.com/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Simply Trade [News]: Understanding the Latest on AI Exports and Policy Developments Impacting Global Trade](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog14879952/News_Roundup_gzf9t9_reskdw_chash5_300x300.jpg)
Monday Jun 03, 2024
Monday Jun 03, 2024
The global trade landscape continues to shift rapidly. This week's episode provides valuable insights on addressing ongoing supply chain challenges.
Key Takeaways:- US advances bill restricting AI exports to China over security concerns- Geopolitical tensions and weather events disrupt global logistics - Diversifying suppliers can increase supply chain resiliency- Standardizing trade data and single window systems can streamline customs
Andy shares first-hand experience developing barcode and tracking systems. The show also previews an upcoming discussion with government officials on US initiatives to enhance supply chain resiliency.
Whether you're an importer, exporter, or trade professional, stay up-to-date on policy changes and strategies for navigating today's unpredictable trade environment. Tune in for the latest global trade insights to help future-proof your operations.
Enjoy the show!
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 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/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Cracking the Code on US Imports with Adrian Gonzalez](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Thursday May 30, 2024
Cracking the Code on US Imports with Adrian Gonzalez
Thursday May 30, 2024
Thursday May 30, 2024
Want to import goods to the US but find regulations bewildering? This episode will decode the hidden rules of customs compliance through insights from a seasoned broker.
Global trade expert Andy and Lalo sit down with customs pro Adrian Gonzalez to unpack the complexities of US import regulations. From declarations to trade remedies, learn the essentials importers need to navigate customs.
Main Takeaways:1. Provide accurate info to customs and know agency priorities like ag and trade remedies. 2. Customs brokers play a key role in ensuring compliance and advising importers.3. Regulations around bonds, valuation methods, and right to make entry require nuanced understanding. 4. Trade agreement compliance and determining substantial transformation pose challenges.5. Thorough documentation and compliance with multiple agencies is critical.
Valuation methods can differ between IRS and customs. Country of origin marking may contradict substantial transformation analysis for tariffs. Using a broker simplifies the entry process and provides specialized expertise.
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Enjoy the show!
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Adrian Gonzalez - https://www.linkedin.com/in/tradeconsultant/
Global Alliance - https://www.globalalliancesolutions.com/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Simply Trade [News] Protecting Industries vs. Protecting Rights: The Complex Balance of Trade Policies and Ethical Supply Chain Oversight](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog14879952/News_Roundup_gzf9t9_reskdw_chash5_300x300.jpg)
Monday May 27, 2024
Monday May 27, 2024
When protectionism backfires and forced labor is discovered - learn how import rules and supplier oversight impact international trade.
Annik, Andy and Lalo discuss recent trade news including Indonesia's import backlog caused by new protectionist policies and BMW Mini Coopers potentially using forced labor in Chinese manufacturing.
Main Topics:- Indonesia's import restrictions aimed at protecting local industries are backfiring, causing a 29,000 container cargo pileup at ports. - China imposes bans on some US companies like Boeing in retaliation for forced labor enforcement.- Holistically evaluating suppliers is key - BMW discovers a known violator of forced labor laws in its Mini Cooper supply chain.
Key Insights: - Protectionism can have unintended consequences like damaging domestic exports if raw materials can't get in. - Forced labor is difficult for all companies to detect, even large multinationals, requiring diligent tiered supplier oversight
Learn how government policies and global supply chain management impact trade compliance and operations. Understanding these complex issues helps importers and exporters mitigate risks and disruptions to their international business.
Enjoy the show!
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 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/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Freaking Out Over Trade Compliance? How 3rdwave Tames Trade Data for Control Freaks](https://pbcdn1.podbean.com/imglogo/image-logo/14879952/SimplyTrade_final_300x300.png)
Thursday May 23, 2024
Freaking Out Over Trade Compliance? How 3rdwave Tames Trade Data for Control Freaks
Thursday May 23, 2024
Thursday May 23, 2024
Are spreadsheets swallowing your compliance team whole? Learn how leading companies tame vast data volumes with AI-powered software.
Andy and Lalo sit down with Grant Sernick of 3rdwave and Josh Blinkick to discuss the challenges of managing ever-growing trade compliance data. As regulations expand, how can importers streamline complex processes and support overwhelmed teams?
Main Topics:- Spreadsheets swell beyond 150 columns as importers track hundreds of data points - Gaining control over chaotic trade data with centralized software- Digitizing handwritten notes and disparate sources to leverage AI- Streamlining workflows to address issues 8 weeks out, avoiding last-minute crises
Key Insights: - "3rdwave is freaking control for control freaks" - Grant Sernick- "Good data is necessary for AI application in trade compliance" - Andy - "Once you get there, it's not like the solutions are necessarily particularly crazy expensive, you just have to get there to understand that their time is valuable, that people are valuable." - Grant Sernick
Learn how industry leaders conquer vast compliance data volumes. Discover how centralized systems and AI can streamline import processes and support overworked teams to stay compliant amid constant change.
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
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
Grant Sernick - https://www.linkedin.com/in/grantsernick/
Josh Blinick - https://www.linkedin.com/in/josh-blinick/
3rdwave - https://www.3rdwave.co/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
Advertising and sponsoring on Simply Trade
Requests to be on the show as guest
Suggest any topics you would like to hear about
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.
![Image](https://mcdn.podbean.com/mf/web/6crepf/Podbean_page_01.jpg)
Why Simply Trade
We have been in the business of educating companies and trade professionals in all things trade since 1991. In that time we have helped thousands with meet their trade compliance challenges face on.
Because trade changes almost daily and not all topics could be covered in a full day of training, we created the Simply Trade podcast to continue to educate and inform the trade community about current changes, new information, or just about anything trade related.
We would like your feedback on what we are doing right or wrong to make the show better. Also, if you, or someone you know, would like to be a guest on the show, or would like to sponsor the show, or just want to suggest a topic for us to cover on the show, please reach out to us via email at SimplyTrade@GlobalTrainingCenter.com or via Twitter @SimplyTradePod.
We hope you enjoy the show and do not hesitate to reach out to us.