Simply Trade

Simply Trade

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Simply Trade episodes

  • Simply Trade [Events]: Stay Ahead of Supply Chain Disruptions - Learn from Logistics Leaders at the TPM Conference

    Recent attacks on cargo ships transiting the Red Sea have highlighted the geopolitical risks facing global supply chains. On this episode, we sit down with Peter Tirschwell of the TransPacific Maritime Conference (TPM24) as well as the Journal of Commerce Vice President, to discuss the impact of these events and how conference attendees can gain insights on navigating challenges in international trade.

    Main Points:

    - Peter provides context on the history and growth of TPM, now in its 24th year, as journalists adapted to changes in the shipping industry.
    - Attendees will gain first-hand perspectives from top cargo owners, former Defense Secretary Robert Gates, and global shipping CEOs on trends in containerized trade.
    - While the direct impact of Red Sea disruptions is manageable due to shipping capacity, geopolitics are increasingly intertwined with supply chain operations.
    - Staying close to rapidly changing market conditions is key for importers and exporters, with insights available at industry conferences like TPM.

    For anyone involved in global logistics, importing, exporting or international trade, this episode offers valuable takeaways on utilizing industry events and expert insights to stay ahead of geopolitical and supply chain risks. The TPM conference provides a unique forum for navigating challenges and opportunities in the global shipping industry.

    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 

  • Peter Tirschwell -  https://www.linkedin.com/in/peter-tirschwell-127a9b4/ 

  • TPM Conference: https://events.joc.com/tpm/index.html
  • 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.

     

     

    28 min
  • Simply Trade [News]: Evaluating Supply Chain Risks: Solar Panel Sourcing and Forced Labor Compliance

    This episode of Simply Trade discusses strengthening supply chains in the Indo-Pacific region and evolving trade dynamics between the US, Mexico, and China. Annik, Andy, and Lalo provide insights on responsible solar panel sourcing, improving supply chain resiliency through international cooperation, and the impacts of US trade policy shifts.

    Main Points

    - Forced labor concerns in Chinese solar panel manufacturing and how India is becoming a key alternative supplier.
    - Objectives of the new Indo-Pacific economic framework agreement to promote collaboration and mitigate logistical bottlenecks through multi-country coordination.
    - Mexico surpassing China as the top supplier of goods to the US due to nearshoring strategies and trade tensions reducing Chinese imports.
    - Tips for importers and exporters to evaluate supply chain visibility and compliance with emerging regulations.

    By exploring evolving international trade dynamics and strategies to strengthen regional supply chains, this episode provides valuable perspective for professionals in importing, exporting, and supply chain management. Listeners learn practical insights on responsibly sourcing products and preparing for changes in global trade flows.

    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 [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.

     

    24 min
  • Getting your EU Compliance Team Ongoing Training with Fiona Luciani

    Understanding complex EU regulations is key for global businesses. On this episode, we discuss a program helping professionals in Europe and beyond.

    Main Points

    - Fiona Luciani of the International Trade Institute outlines their university-accredited program covering EU customs trade regulations
    - Differences in approaches to training in the EU are explored
    - Applying concepts like classification, rules of origin and Incoterms ensures accurate cross-border paperwork within companies

    Whether importing to or exporting from the EU, Fiona emphasizes the value of her program. By demystifying compliance requirements, the International Trade Institute helps traders optimize supply chains while staying compliant in the EU. Insights from their leading training provider are invaluable for global professionals.

    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 

  • Fiona Luciani - https://www.linkedin.com/in/fionaluciani/ 

    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.

     

    31 min
  • Simply Trade [News]: Expanding to New Markets - How China Became a Top Global Auto Exporter

    This episode of Simply Trade takes a closer look at recent developments impacting international businesses. Hosts Annik, Lalo, and Andy talk about unfair trade allegations in the paper plate industry and discuss strategies for navigating trade duties. They also explore the IMF's 2024 economic outlook and how data-driven decisions can boost supply chain resilience. The episode provides insights into China's rising auto export power and unpacks Russia's unique trade geography. Tune in for the latest global market updates and actionable advice on expanding to new international opportunities.

    Unfair Trade Practices in the Paper Plate Industry 

    Hosts discuss recent anti-dumping and countervailing duty petitions filed against paper plate imports from China, Taiwan, and Vietnam. The American paper industry alleges unfair dumping is harming domestic businesses.

    Preparing for Trade Duties and Economic Growth

    Countervailing duties can be imposed in addition to anti-dumping duties, potentially reaching triple-digit percentages. Annik shares the IMF's positive 2024 growth outlook and factors contributing to it.

    Adjusting Business Expectations amid Economic Uncertainty

    Andy emphasizes the need for realism over optimism when forecasting business growth despite positive outlooks.

    China's Rising Auto Export Industry

    China is becoming a major global auto exporter, surpassing Japan in 2022. Russia is China's top auto export customer due to sanctions against other nations.

    Stream full episodes or listen to highlights on our YouTube channel. Get international trade insights and tips from our podcast!

    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 [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.

     

    26 min
  • Forget Conventional Sourcing and Leverage Data for Supply Chain Domination - with Flexport

    This episode of the Simply Trade Podcast features a discussion with multiple guests from Flexport on the importance of managing supply chain data to navigate challenges in international trade like duty drawbacks, changing sourcing strategies, and geopolitical disruptions.

    Main Points

    - Duty drawback programs can provide significant refund opportunities for companies through better data tracking of imports, exports, and inventory movements.

    - Consulting services like Flexport's go beyond logistics to help clients identify new sourcing options and compliance strategies using structured supply chain data.

    - Collaborating across departments on data management streamlines the supply chain and enables more effective compliance.

    - Recent conflicts in the Middle East have increased shipping costs and lead times, prompting companies to reevaluate sourcing regions.

    - Tools for analyzing and visualizing import/export data empower companies to make strategic supply chain decisions.

    Key Takeaways

    - How geopolitical events impact international trade routes
    - Best practices for holistic sourcing evaluations
    - Leveraging supply chain data for competitive advantage
    - Optimizing inventory and cash flows through drawback programs
    - Collaboration techniques for improved compliance

    Find on 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 

  • Tom Gould - https://www.linkedin.com/in/tomgouldcustoms/

  • Bernie Hart - https://www.linkedin.com/in/berniehart/

  • Tim Vorderstrasse - https://www.linkedin.com/in/timvorderstrasse/ 
  • Jenn Park - https://www.linkedin.com/in/jennifer-park-44065a5b/ 
  • Flexport - https://www.flexport.com/

    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.

    1 hr 5 min
  • Simply Trade [News]: Trade Wars or Trade Deals? Perspectives on Tariffs, Controls on Weapons Exports

    In this episode of Simply Trade, hosts Annik, Lalo, and Andy discuss recent news articles related to international trade topics like changes in parcel shipping costs, proposed restrictions on civilian gun exports, potential US tariffs, and more.

    Changing Landscape of Parcel Shipping

    Discrepancies in FedEx and UPS pricing and services. Global Training Center's Lalo shares how they consolidated shipping carriers to lower costs when shipping textbooks. Andy provides tips for businesses to consider when choosing a carrier like delivery locations, tracking capabilities, and volume discounts.

    Proposed Restrictions on Civilian Gun Exports

    The Biden administration wants to increase oversight of semi-automatic firearm exports. The hosts discuss scenarios around ensuring exported guns don't end up with criminal groups. Lalo and Andy provide perspectives but acknowledge the complexity with no simple solutions.

    Potential 10% US Tariff Plan

    An article examines impacts if Trump's proposed tariffs were implemented, like higher consumer costs and retaliation. Andy believes it's a negotiating tactic and reaffirms the need for fair trade deals. Lalo worries about impacts to Free Trade Agreements and jobs along the US-Mexico border if tariffs disrupt supply chains.

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

    Enjoy the show!

    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 [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.

    31 min
  • The Single Move That Can Strengthen Your Entire Compliance Program with Jackson Wood

    On this, the final segment of our conversation with Jackson Wood of Descartes, we discuss the need for a collaborative, cross-functional approach to effectively manage global trade compliance and supply chain risks. Representatives from procurement, logistics, and compliance must work together using the right tools and data to gain strategic insights. New technologies can help streamline processes and empower teams to focus on analysis rather than transactional tasks.

    Main Points

    - The importance of bringing together procurement, logistics, and compliance teams to holistically evaluate supply chain options and risks

    - How assessing the current supply chain baseline is critical before conducting "what if" scenario planning for geopolitical disruptions

    - Leveraging trade data and tools in a collaborative workflow to identify alternative sourcing options and evaluate regulatory, cost, and resiliency factors

    - Examples of how automation can reduce operational burdens for compliance teams and allow them to spend more time on strategic issues and education

    - Tips for international companies on strengthening global supply chain resilience through accurate risk exposure mapping and continuous monitoring of changing trade conditions

    - The role of strategic sourcing in preparing for potential supply chain disruptions from geopolitical tensions and considering "what if" scenarios

    - Advice on taking initial steps to evaluate needs and opportunities before investing in trade management technology solutions

     

    Find on 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 

  • Jackson Wood - https://www.linkedin.com/in/jacksondavidwood/  

    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.

    35 min
  • Simply Trade [News]: When Terrorists Take Over Trade Routes and China, Russia, and the West

    This episode of Simply Trade discusses recent developments in international trade policy and geopolitical events impacting global supply chains. Topics include the designation of Houthis in Yemen as a terrorist group, China boosting EU imports to ease restrictions on technology, and calls for more ambitious EU and US trade agreements.

    Discussion Points:

    - Designation of Houthis in Yemen as terrorist group and implications for regional stability and trade routes
    - Piracy attacks on commercial ships transiting near Yemen
    - Increased transportation costs and delays from shipping needing to route around Africa
    - German Chamber of Commerce calling for more EU trade agreements
    - Similar efforts needed in the US to negotiate new trade deals
    - China offering increased imports from EU to ease restrictions on technology exports
    - Geopolitical challenges like Russia-Ukraine impacting EU energy dependence
    - Importance of diversifying trade partners and energy sources for economic and national security

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

    Enjoy the show!

    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 [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.

    28 min
  • The #1 Thing (and two more) Customs Will Focus on This Year - Are You Ready? - With Amy Magnus and Cindy Allen

    The future of trade is all about data - how we collect it, share it, and use it to both facilitate trade and enforce regulations. This was a key topic of discussion on today's episode featuring trade experts Amy Magnus and Cindy Allen.

    Focus on Data and Entities

    The guests agreed that in 2024, data and understanding entities (importers, manufacturers, etc.) will be hugely important. "It's really going to come down to data," said Amy Magnus. She explained how collecting and intelligently using data from all entities in a supply chain can help customs inspect high-risk shipments while expediting low-risk ones.

    Piloting New Approaches

    New pilots are exploring how to share data earlier in the trade process using distributed ledger technology. This could provide visibility to all parties and satisfy enforcement needs upon arrival. Experts recommended importers get involved in pilots like the Global Business Identifier to help shape solutions.

    Addressing Agency Requirements

    The podcast also touched on challenges different agencies like FDA pose with various import data needs. As Amy Magnus noted, meeting all these requirements currently relies on outdated paper-based systems, highlighting the need for automation.

    Takeaways for Importers

    Key advice for importers included understanding supply chain risks through tools like mapping, hiring compliance experts, and engaging with trade associations like nei.org, icpa.com and alex.org to stay informed on upcoming regulations. The discussion provided actionable insights on facilitating trade in line with increasing enforcement trends.

    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 

  • Amy Magnus - https://www.linkedin.com/in/amy-magnus-16237b12/ 
  • Cindy Allen - https://www.linkedin.com/in/cindy-allen-a3188210/ 

  • Trade Force Multiplier - https://tradeforcemultiplier.com/ 
  • 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.

     

     

    54 min
  • Simply Trade [Events]: Nearshoring Your Way to Savings with Gena Mann and Hunter Bell

    As businesses face ongoing challenges from inflation, workforce shortages and economic uncertainty, many are looking at new strategies like nearshoring to help cut costs and gain efficiencies. This episode of the Simply Trade podcast explored how implementing a nearshoring solution with the right partner can provide numerous benefits.

    Defining Nearshoring

    Nearshoring refers to outsourcing certain business functions to locations closer to home, such as countries in Latin America. This provides advantages over traditional offshoring models that send work farther abroad. Nearshore locations like Mexico and Colombia offer similar time zones and easier travel compared to places like India or the Philippines.

    Functions to Consider

    Common roles companies nearshore include customer service, dispatching, billing/invoicing and other administrative tasks that can be performed remotely. This allows existing employees to focus on higher-level, strategic work rather than getting bogged down in repetitive processes.

    The Value of Partnerships

    Guests Hunter Bell and Gena Mann from Lean Solutions Group stressed that finding an experienced partner is key to success. Their company helps set up client operations nearshore, supplying a ready talent pool for roles like transportation tracking. This scalability proved vital during COVID spikes when demand fluctuated wildly.

    Learning from Industry Leaders

    Attendees heard about the Nearshore Experience conference being held February 12-13, 2022 in beautiful Cartagena, Colombia. This event hosted by Lean Solutions Group brings together over 600 clients and other businesses. The agenda includes panels, networking and speakers addressing current challenges. It's a chance to gain insider insights from companies already implementing nearshoring strategies.

    Takeaways

    In summary, leveraging the right nearshoring partner can optimize workflows, boost cost-savings and help organizations weather economic storms. The conference provides an immersive learning experience for any company exploring ways to future-proof operations through strategic outsourcing.

     

    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 

  • Gena Mann - https://www.linkedin.com/in/gena-mann-a50b05145/ 
  • Hunter Bell - https://www.linkedin.com/in/hunter-bell-0299b4167/ 
  • Lean Solutions Group - https://www.leangroup.com/ 
  • Nearshore Experience - https://www.nearshoreexperience.com/ 
  • 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.

     

    43 min

About Simply Trade

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