Trade Talks by 3rdwave

3rdwave

Trade Talks by 3rdwave delves into the complex world of global trade, focusing on compliance, logistics, and the impact of technology. Host Grant Sernick engages with industry experts to explore trends, challenges, and innovations that shape the global trade landscape. This podcast is your gateway to understanding the intricacies of international trade, offering valuable insights for both seasoned professionals and newcomers. Join us on a journey through the evolving world of trade, where each episode enlightens and empowers listeners to navigate the nuances of international trade. read less
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Episodes

Driving Digitization in Shipping with Kshitij Parashar
22-10-2024
Driving Digitization in Shipping with Kshitij Parashar
In this episode of 3rdwave Trade Talks, Grant Sernick, Head of Sales and Marketing at 3rdwave, engages in a deep conversation with Kshitij Parashar, a Program Lead at the Digital Container Shipping Association (DCSA). They explore the importance of standards in the container shipping industry and the work done by DCSA to drive digitization and standardization. They discuss challenges like varying data formats, the use of Electronic Data Interchange (EDI), and the transition to more modern API-based solutions to enhance data exchange in shipping. The episode delves into the specifics of DCSA's efforts in creating standardized data sets for track and trace, bookings, and electronic bills of lading (EBL), highlighting the ongoing mission to unify and streamline data communication across the global shipping ecosystem.00:00 Intro00:32 Welcoming Kshitij Parashar01:31 Understanding DCSA06:12 The Role of Beneficial Cargo Owners (BCOs)09:32 Standardizing Data in Container Shipping13:34 Track and Trace: The Journey of a Container18:45 The Complexity of Standardizing Status Messages29:45 DCSA's Progress and Future Plans35:11 Addressing Industry Challenges with Data Latency42:14 DCSA's Portfolio of Standards50:23 Challenges with EDI and the Shift to APIs54:29 Addressing Global Standardization Issues58:41 The Role of DCSA in Trade Compliance and Sustainability01:03:03 Conclusion and Final ThoughtsTune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.Stay connected with us on LinkedIn and visit our website for more updates and resources:LinkedIn: linkedin.com/company/3rdwave-blincoWebsite: 3rdwave.co
Navigating ISF Filings and Customs Compliance with Gregg Cummings
26-09-2024
Navigating ISF Filings and Customs Compliance with Gregg Cummings
Join Grant Sernick, Head of Sales and Marketing at 3rdwave, in this episode of 3rdwave Trade Talks as he dives into the complexities of ISF filings and customs compliance with Gregg Cummings, President of Strix. They discuss the challenges importers face, the benefits of self-filing vs. using a full-service broker, and the increasing enforcement environment around ISF filings. With over 17 years in the industry, Gregg shares insights on the importance of accurate documentation, the evolving role of technology and automation, and the critical aspects of compliance for importers. Whether you're new to global trade or a seasoned professional, this episode provides valuable knowledge and practical advice to navigate the intricate landscape of international trade.00:00 Intro00:35 Meet Gregg Cummings from Strix03:59 Challenges in Customs Filings and Self-Filing05:59 Automation in Trade Compliance08:56 The Complexity of Data in Customs Entries13:39 The Importance of Accurate Data and Documentation19:07 Regulatory Compliance and Importer Responsibilities32:35 Customs Audits and Bank Records34:12 Broker Responsibilities and Importer Rights42:55 Cost Savings with Self-Filing48:06 ISF Filing and Compliance56:56 Strix and 3rdwave Partnership58:00 ConclusionTune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.Stay connected with us on LinkedIn and visit our website for more updates and resources:LinkedIn: linkedin.com/company/3rdwave-blincoWebsite: 3rdwave.co
Achieving Data Control in Global Trade with Brian Glick
17-09-2024
Achieving Data Control in Global Trade with Brian Glick
In this episode of Trade Talks, host Grant Sernick connects with Brian Glick, the founder of Chain.io. The discussion delves into Brian's career transition from a tech enthusiast to a supply chain expert and the inception of Chain.io. They explore the challenges of integrating data across various systems in global trade and the importance of maintaining data quality. Brian highlights the need for effective data exchange and the pitfalls of relying on outdated methods like PDF and manual data entry. Additionally, they discuss innovative solutions to streamline data management and analytics in supply chain operations.00:00 Intro01:16 Meet Brian Glick: From Tech Nerd to Supply Chain Expert04:42 The Genesis of Chain.io05:41 Challenges in Supply Chain Integration07:54 The Importance of Data Standardization10:00 Real-World Examples of Supply Chain Data Issues11:48 The Role of Standards in Supply Chain19:44 Collaboration and Customization in Supply Chain Solutions30:54 Challenges in EDI Standards and Integration32:25 Understanding Importer Concerns34:14 ERP and Supply Chain Misalignment35:53 Effective Data Management in Supply Chains42:20 The Role of AI and OCR in Data Processing54:16 Exciting Integration with Snowflake56:54 Conclusion and Final ThoughtsTune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.Stay connected with us on LinkedIn and visit our website for more updates and resources:LinkedIn: linkedin.com/company/3rdwave-blincoWebsite: 3rdwave.co
Merchant Marine to Supply Chain Innovator with Capt. Adil Ashiq
10-09-2024
Merchant Marine to Supply Chain Innovator with Capt. Adil Ashiq
In this episode of Trade Talks, host Grant Sernick, Head of Sales and Marketing at 3rdwave, sits down with Capt. Adil Ashiq to discuss his fascinating journey from the US Merchant Marine to becoming a supply chain innovator. Adil shares insights about his unconventional career path, the challenges and rewards of life at sea, and his transition into the tech world where he co-founded a successful app through Y Combinator. They delve into his experiences in supply chain logistics, his role at Marine Traffic, and his latest venture with DrayData, a company focused on solving inefficiencies in inland intermodal transportation. The conversation also highlights the real-world dangers faced by mariners and the vital role they play in global trade.00:00 Intro00:31 Meet Captain Adil Ashiq03:25 Choosing the Maritime Academy05:10 Life at the Maritime Academy06:20 Becoming an Officer10:29 First Mission at Sea16:58 Transitioning to Tech and Startups25:11 Joining BCG Digital Ventures30:55 Successful Exits and BCG's Advantage33:56 Understanding Marine Traffic36:42 Supply Chain and Logistics Challenges46:19 Lecturing and Mentorship50:53 Mariner's Perspective on Global Affairs57:46 Conclusion and Final ThoughtsTune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.Stay connected with us on LinkedIn and visit our website for more updates and resources:LinkedIn: linkedin.com/company/3rdwave-blincoWebsite: 3rdwave.co
The Intersection of Supply Chain and Technology with Eric Johnson
04-09-2024
The Intersection of Supply Chain and Technology with Eric Johnson
In this episode of Trade Talks, host Grant Sernick engages in an in-depth conversation with Eric Johnson, Senior Technology Editor at the Journal of Commerce. They discuss Eric's extensive 20-year experience in the logistics space, focusing on the dynamic evolution of global trade, the impact of COVID-19, and the rise of digital-first companies. The discussion highlights the critical role of data, AI, and intelligent document processing in modernizing supply chain management. They also explore the future of technology investments in logistics, the importance of product-level data, and the regulatory landscape affecting the industry. Tune in to gain valuable insights into the trends and challenges shaping the future of global trade and compliance.00:00 Intro00:35 Meet Eric Johnson: Technology Editor at the Journal of Commerce08:39 Supply Chain Challenges and COVID-1915:27 Technological Advances in Supply Chain Management35:35 Understanding the Inside and Outside Worlds of Logistics39:37 Forwarders' Perspective and Misconceptions45:37 AI's Potential in Logistics54:39 Investment Trends in LogTech01:02:22 The Future of Freight Procurement01:09:35 Regulatory Changes and Trade Compliance01:13:10 Upcoming Conferences and Final ThoughtsTune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.Stay connected with us on LinkedIn and visit our website for more updates and resources:LinkedIn: linkedin.com/company/3rdwave-blincoWebsite: 3rdwave.co