Discover how cutting-edge data analytics can transform your international trade strategy and protect your business from hidden risks! In this episode of Simply Trade, host Andy and Lalo sit down with Erika Trujillo, a global trade compliance expert who reveals how companies can leverage advanced data analytics to navigate the complex world of international trade.

Key Insights:

Trade Compliance Revolution

Advanced data analytics are changing how businesses approach international trade

Proactive risk management is crucial in today's global marketplace

Understanding your own business data is the first step to minimizing risks

Critical Risk Management Strategies

Identify potential red flags in supply chains

Monitor trade routes and potential sanction circumvention

Prioritize due diligence on business partners and transactions

Business Resilience Techniques

Use data to inform strategic investment decisions

Quickly adapt to changing global trade landscapes

Transform trade compliance from a cost center to a strategic advantage

Standout Quotes: "Don't be afraid of data. There's often quite a bit of treasure and value hidden in there." - Erika Trujillo

Practical Takeaways:

Implement comprehensive data analytics in trade compliance

Create cross-departmental communication about trade risks

View trade compliance as a strategic business function

Interested in transforming your trade compliance approach? Connect with experts like Erika Trujillo and start leveraging your business data today!

In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬

Recommended Resources:

Check out these courses we offer here at GTC! 👀🌎

📩Importing https://globaltrainingcenter.com/importing-procedures/ 

😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/ 

🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/ 

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Contact Us/ Suggest Topics

Contact: [email protected]

Credits:

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

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/

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