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Understanding Modern Trade Classification Challenges with Hal Berman and John Petitte
Imagine cutting your product classification time by 90% while increasing accuracy to near-perfection - that can be possible with AI-powered trade compliance.
In this episode of Simply Trade, hosts Lalo and Andy talk with with Hal Berman and John Petitte, co-founders of Trade Insight AI, to explore how artificial intelligence is helping international trade classification and compliance.
Trade Insight AI - Contact Information Founders:
Hal Berman: https://www.linkedin.com/in/hal-berman-ba3ab322/
John Petitte: https://www.linkedin.com/in/johnpetitte/
Company Contact: Website: https://www.tradeinsightai.com/
Key Insights:
1. The AI Classification Game-Changer
- Trade Insight AI can complete 50 classifications in the time it traditionally takes to do 5
- 100% accuracy demonstrated during live ICPA conference demo
- Ability to handle complex classifications including:
* Apparel
* Chemical products
* Composite goods
* Multilingual product descriptions
2. Critical Classification Challenges
- Tariff changes are creating unprecedented compliance pressures
- Misclassification can lead to:
* Significant financial penalties
* Duty drawback complications
* Potential business disruptions
3. AI's Unique Classification Capabilities
- Can fill information gaps automatically
- Analyzes explanatory notes in seconds
- Uses image recognition to determine material composition
- Provides step-by-step classification logic
Standout Quotes:
"We want to have the best classification system on the planet." - John Petitte
"The AI started showing me that I was wrong" - Hal Berman
Actionable Takeaways:
- Executives should evaluate AI tools that solve specific workflow challenges
- Proper classification is critical for avoiding costly trade compliance errors
- Technology can dramatically improve classification accuracy and efficiency
Still Have Questions? Access Exclusive Resources Here ⏬
Recommended Resources:
Global Training Center Courses https://globaltrainingcenter.com/courses/
International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/
Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
Contact Us/ Suggest Topics
Contact: [email protected]
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
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.
View all episodes
By Global Training Center
4.6
2222 ratings
Imagine cutting your product classification time by 90% while increasing accuracy to near-perfection - that can be possible with AI-powered trade compliance.
In this episode of Simply Trade, hosts Lalo and Andy talk with with Hal Berman and John Petitte, co-founders of Trade Insight AI, to explore how artificial intelligence is helping international trade classification and compliance.
Trade Insight AI - Contact Information Founders:
Hal Berman: https://www.linkedin.com/in/hal-berman-ba3ab322/
John Petitte: https://www.linkedin.com/in/johnpetitte/
Company Contact: Website: https://www.tradeinsightai.com/
Key Insights:
1. The AI Classification Game-Changer
- Trade Insight AI can complete 50 classifications in the time it traditionally takes to do 5
- 100% accuracy demonstrated during live ICPA conference demo
- Ability to handle complex classifications including:
* Apparel
* Chemical products
* Composite goods
* Multilingual product descriptions
2. Critical Classification Challenges
- Tariff changes are creating unprecedented compliance pressures
- Misclassification can lead to:
* Significant financial penalties
* Duty drawback complications
* Potential business disruptions
3. AI's Unique Classification Capabilities
- Can fill information gaps automatically
- Analyzes explanatory notes in seconds
- Uses image recognition to determine material composition
- Provides step-by-step classification logic
Standout Quotes:
"We want to have the best classification system on the planet." - John Petitte
"The AI started showing me that I was wrong" - Hal Berman
Actionable Takeaways:
- Executives should evaluate AI tools that solve specific workflow challenges
- Proper classification is critical for avoiding costly trade compliance errors
- Technology can dramatically improve classification accuracy and efficiency
Still Have Questions? Access Exclusive Resources Here ⏬
Recommended Resources:
Global Training Center Courses https://globaltrainingcenter.com/courses/
International Trade Compliance Webinars https://globaltrainingcenter.com/webinars/
Customs Broker Prep https://globaltrainingcenter.com/customs-broker-prep-course/
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
Contact Us/ Suggest Topics
Contact: [email protected]
Credits:
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
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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