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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:
Key Insights:
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/
Show references:
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
Contact [email protected] or message @SimplyTradePod for:
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.
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:
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:
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/
Contact [email protected] or message @SimplyTradePod for:
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 Podcast, hosts Annik and Renee Chiuchiarelli discuss the latest international trade news with insights on regulations, alliances, and economics.
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.
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/
Show references:
Contact [email protected] or message @SimplyTradePod for:
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.
The global trade landscape continues to shift rapidly. This week's episode provides valuable insights on addressing ongoing supply chain challenges.
Key Takeaways:
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/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.
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:
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:
Contact [email protected] or message @SimplyTradePod for:
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.
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:
Key Insights:
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/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.
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:
Key Insights:
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/
Show references:
Contact [email protected] or message @SimplyTradePod for:
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.
Stay on top of ever-changing trade regulations and global issues with this roundup of the latest news from the Simply Trade podcast
In this episode of the Simply Trade podcast, host Annik talks to Andy, and Lalo about the latest developments in US-China trade relations, including new restrictions on Chinese cotton imports and increased tariffs. They also cover an AI meeting between the US and China, updates on electric vehicles, and more.
Main Topics:
Key Takeaways:
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.
Potential Supply Chain Disruptions Under Canada's New Import Rules
One truck carrying 30,000 parcels arrives at the Canadian border under new import regulations - but only 30% can pass through freely while the other 70% faces delays due to lack of compliance.
This episode of the Simply Trade podcast examines Canada's CARM modernization project through discussions with trade experts Kim Campbell and Alan Dewar. CARM aims to digitize import processes but its new rules and requirements could impact supply chains.
Main Topics:
- Potential delays at the Canadian border as a high number of importers may not meet new registration, portal access, and financial security rules. This could back up supply chains.
- Challenges individual "occasional" importers face in navigating CARM's complex compliance system, which was designed for large businesses.
- Mandating aspects like requiring all importers use the portal and post financial security leaves no flexibility, according to advocates.
- CARM takes a "one-size-fits-all" approach but international trade involves different scenarios that need accommodation.
- Third party oversight is needed to address reported problems between CARM's developers and Canadian customs officials.
This episode provides important insights into how Canada's new import regulations may impact businesses, as well as advocacy efforts underway to address CARM project issues. International traders should stay updated on regulatory changes that could disrupt supply chains.
Enjoy the show!
Find us on YouTube: https://www.youtube.com/@SimplyTradePod
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
Kim Campbell - https://www.linkedin.com/in/kim-campbell-a9693b2/
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.
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