Simply Trade

From Forced Labor to Forced Transparency: How AI is Revolutionizing Supply Chain Management.

Ever feel like you're playing detective with your supply chain? Get ready for a mind-blowing chat about a tool that's changing the game! Context: In this episode, we dive into the future of global trade with Supply Trace - an innovative, open-access platform that's using AI to revolutionize supply chain transparency. Whether you're an international trade pro or just getting started, this conversation is packed with insights that can help you stay ahead of the curve.

Main Topics:

Democratizing access to supply chain data: "We're trying to democratize access to supply chain data. That's simply all it is, and it hasn't been done before." - Shawn Bhimani, Northeastern University

Simplifying supply chain mapping: "Supply chain mapping can be done in a few clicks. It just takes a lot of computing power, but they can look at their entire supply chain in one glance and see the risk by region."

Navigating forced labor risks: Supply Trace provides a "traffic light" system to quickly identify high-risk regions and suppliers, helping businesses stay compliant with regulations like the Uyghur Forced Labor Prevention Act.

Empowering businesses of all sizes: "This is for the majority of people who have just been locked out... a lot of trade people can get to their systems."

Don't miss this episode if you want to turn supply chain mapping from a headache into a competitive advantage. With Supply Trace's free, user-friendly platform, you can unlock the power of AI-driven supply chain transparency and stay ahead of the curve in international trade.

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Show references:

• Shawn Bhimani: https://www.linkedin.com/in/shawnbhimani/  

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Contact [email protected] or message @SimplyTradePod for:

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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.

In this episode of The Simply Trade News Roundup, we dive into the latest developments shaking up international trade, importing, and exporting.

DHS targets forced labor in aluminum, PVC, and seafood industries - what does this mean for your supply chain?

Join us as we explore the far-reaching implications of recent forced labor enforcement actions, banking challenges in the Pacific, and the ripple effects of US sanctions on global trade dynamics.

Main Points/Takeaways:

1. Forced Labor Enforcement Expands:

2. Pacific Banking Challenges:

3. Sanctions Impact China-Russia Trade:

This episode provides crucial insights for importers, exporters, and trade professionals navigating the complex landscape of forced labor compliance, international banking relationships, and evolving global trade dynamics. Stay informed to protect your supply chain and adapt to changing regulations.

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/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Contact [email protected] 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.

Is your company "sexy" to customs auditors? Discover what puts you on their radar and how to prepare.

In this episode, trade compliance expert Cindy De Leon shares insider knowledge on customs audits, compliance risks, and essential preparation strategies for importers. Learn what factors make your business an attractive audit target and the steps you need to take to protect yourself. Main Points/Takeaways:

Audit attractors: Free trade agreement claims, first sale programs, tariff changes, and anti-dumping duties

The critical importance of vetting suppliers and tracking component origins

Why nearshoring doesn't eliminate compliance risks

How to prepare for a customs audit through internal reviews and cross-functional teams

Common valuation errors that trigger red flags (CRAPP: commissions, royalties, assists, packing, proceeds)

Limitations of internal auditors for trade compliance assessments

Key Insights:

• "Find out what makes you sexy to customs, because is it a free trade agreement? Is it a first sale program?" - Cindy De Leon

• "How much undeclared crap would customs find in conducting an audit of your evaluation?" - Cindy on overlooked dutiable elements

• "Your procedures need to have teeth, okay? And not the kind that are removable." - Cindy on creating effective compliance procedures

This episode provides invaluable insights for trade compliance professionals and executives to assess their audit risks and strengthen procedures. Armed with Cindy's expert advice, companies can better avoid costly penalties and disruptions from customs enforcement actions, ensuring smoother international trade operations.

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Show references:

• Cindy DeLeon: https://www.linkedin.com/in/cindydeleon/ 

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Contact [email protected] 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.

Discover how Mexico's first female president could reshape North American trade and foreign investment.

Join us for an insightful discussion with Mexican attorney Brenda Cordova on the implications of Mexico's newly elected president, Claudia Sheinbaum, for international trade and foreign investment. We explore the current state of Mexico's economy, the USMCA treaty, and the future of nearshoring.

Main Points/Takeaways:

1. Mexico's Economic Position:

2. USMCA and Trade Relations:

3. Nearshoring Trends:

4. Sheinbaum's Economic Strategy:

Key Quote: "Claudia Sheinbaum has expressed that under the USMCA, she wants to promote that producers receive or procure their raw materials in the region and in Mexico."

Gain crucial insights into the potential shifts in Mexico's trade policies and investment landscape under its new leadership, essential knowledge for businesses engaged in or considering international trade with North America.

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Contact [email protected] 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.

In this episode of Simply Trade, we dive deep into the world of duty drawback with industry expert Tony Nogueras. As China tariffs continue to impact global trade, understanding advanced drawback strategies has never been more crucial for importers and exporters.

Main Points/Takeaways:

1. Recent changes in China tariffs and their impact on international trade

Key Insights:

- "Anytime you make an importation, it's like making a deposit into your drawback bank account." - Tony Nogueras

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Show references:

• Tony Nogueras: https://www.linkedin.com/in/anthony-nogueras-2715985/

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Contact [email protected] 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.

Global trade professionals get an inside look at the latest customs and cybersecurity regulations, as well as supply chain risks, from industry experts.

Simply Trade podcast hosts Annik, Renee, and Andy discuss key updates from CBP on customs broker accreditation and continuing education requirements. They also analyze articles on maritime sanctions, clean energy cybersecurity guidelines, and holiday supply chain impacts.

Main Topics:

CBP selects entities to develop standards for customs broker accreditation and continuing education

Safety concerns arise from sanctions limiting Russian shipping fleet operations

New DOE framework outlines best practices for securing energy sector supply chains

Incident response plans and supplier diversification are recommended to mitigate cyber risks

Key Insights:

90% of US fireworks come from China due to its 2000-year history in the industry

Having an IT department review new guidelines is important for compliance

GTC's new forced labor prevention course provides unique training from subject matter experts

Learn how current regulations and geopolitical issues impact global trade compliance from industry leader perspectives. The discussion equips professionals with insights for navigating challenges in customs, cybersecurity, and supply chain management.

Enjoy the show!

Sign up for the upcoming Forced Labor training (Supply Chain Tracing) here:

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 

Host: Renee Chuichiarelli - https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Contact [email protected] 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.

Gain strategic insights from industry visionaries on leveraging emerging technologies to transform global supply chain management in today's volatile business environment.

Former US Customs Commissioner Alan Bersin and Altana CEO Evan Smith discuss how AI, federated data sharing, and value chain management are revolutionizing international trade operations.

Main Points:

AI and blockchain enable end-to-end supply chain mapping and compliance screening across multi-tier networks

Public-private data sharing through federated models facilitates trusted collaboration on trade facilitation and enforcement

Cross-functional integration ensures sourcing and procurement decisions consider compliance from design

Leaders must reorient businesses around managing value chains instead of just suppliers to succeed in the 21st century

Key Insights:

"This permits new forms of interaction and partnership between governments and the private sector" - Alan Bersin

"Compliance intelligence needs to be baked into sourcing decisions from the start" - Evan Smith

Gain a strategic edge on competitors by learning how emerging technologies can streamline operations, enhance regulatory cooperation, and future-proof global trade strategies from these visionary thought leaders.

Enjoy the show!

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Show references:

• Evan Smith - https://www.linkedin.com/in/evan-smith-39516b8/ 

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Contact [email protected] 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.

Forced Labor Crackdowns Create Compliance Challenges Global trade professionals face increasing pressure to ensure ethical and legal supply chains. This episode of Simply Trade News Roundup discusses recent US actions against forced labor and an upcoming training course to help importers and exporters address these challenges.

Main Topics:

US adds 3 Chinese companies to banned import list over Uyghur forced labor

New head of forced labor enforcement warns of sudden enforcement actions

Global Training Center launches in-depth forced labor supply chain tracing course

Labor strikes loom as unions fight automation in US ports

By understanding evolving policies and regulations, international trade professionals can ensure ethical supply chains and avoid costly compliance issues. This episode provides valuable context for navigating these critical issues.

Enjoy the show!

Sign up for the upcoming Russian Sanctions webinar here:

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Contact [email protected] 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.

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/ 

Show references:

• Abby Hafenbredl - https://www.linkedin.com/in/abby-hafenbredl/ 

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Contact [email protected] or message @SimplyTradePod for:

• Advertising and sponsoring on Simply Trade

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.

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;

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:

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Contact [email protected] 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.