Trade Talks by 3rdwave

Bridging IT Gaps in Supply Chain with Angela Czajkowski

3rdwave — Tue, 10 Dec 2024 05:00:00 -0500

In this episode we chat with Angela Czajkowski, Managing Director for Supply Chain, Construction, and Real Estate at Hartman Executive Advisors. We delve into the complexities of mid-market IT leadership, the significance of fractional IT solutions, the necessity for meticulous system selection, and the pressing issue of data governance. Angela shares her insights on overcoming challenges in supply chain technology, the importance of understanding and mitigating risks, and the growing role of AI in operational efficiency. Tune in for a deep dive into how businesses can strategically navigate their technological and operational landscapes.

00:00 Intro

00:39 Meet Angela Czajkowski

04:26 Challenges in Supply Chain Technology

13:51 Navigating the TMS Space

24:47 ROI and the Cost of IT Projects

35:27 Discussing Risk at Different Levels

40:38 The Role of Implementers and Consultants

52:06 The Impact of AI in Business

01:06:54 Concluding Thoughts

Tune 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-blinco

Website: 3rdwave.co

Innovative Strategies in Ocean Freight Auditing with Steve Ferreira

3rdwave — Tue, 03 Dec 2024 05:00:00 -0500

Join Grant Sernick in a deep dive discussion with Steve Ferreira, founder of Ocean Audit. Steve shares his unique insights and expertise in the world of ocean freight auditing, discussing common errors in freight invoices, innovative auditing strategies, and the critical importance of understanding the complexities of international trade. With personal anecdotes, industry trends, and practical advice, Steve reveals how businesses can recover significant funds through meticulous audit practices. This conversation sheds light on the nuances of the freight invoicing process and explores how technology and expert intervention can solve the challenges faced by Beneficial Cargo Owners (BCOs).

00:00 Intro

00:37 Meet Steve Ferreira from Ocean Audit

10:03 Challenges in Freight Auditing

17:15 Expanding Beyond Ocean Audits

29:29 Invoicing Issues and Auditing Challenges

37:27 Complexities in Freight Invoicing

50:30 The Role of Technology in Freight Auditing

54:04 Common Types of Mis-Invoicing

01:01:28 Conclusion

Tune 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-blinco

Website: 3rdwave.co

Navigating Global Trade Strategies with Kristian Ording

3rdwave — Wed, 20 Nov 2024 05:00:00 -0500

In this episode of Trade Talks, we sit down with Kristian Ording, a seasoned professional with a 17-year tenure at Newell Brands (Rubbermaid, Sharpie, Graco, Coleman, and more). Kristian shares his deep insights into global trade and compliance, procurement strategies, and freight logistics. They discuss the complexities of managing indirect and direct spend, negotiating payment terms, and leveraging technology in international trade. This conversation dives into key aspects of global market operations and offers valuable knowledge for both industry veterans and newcomers.

00:00 Intro

00:37 Meet Kristian: A Journey in Trade

04:08 Understanding Procure to Pay (P2P)

06:19 Challenges in P2P Implementation

13:15 Negotiation Strategies and Supplier Management

16:17 Working Capital Initiatives and ERP Systems

28:19 Exploring the Freight Side

32:12 Global Transportation and Logistics at Newell

35:29 Negotiation Strategies and Market Dynamics

37:29 Value Beyond Cost: Free Days and Payment Terms

41:44 Challenges in Freight Management

57:52 Conclusion

Tune 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-blinco

Website: 3rdwave.co

Driving Digitization in Shipping with Kshitij Parashar

3rdwave — Tue, 22 Oct 2024 05:00:00 -0500

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 Intro

00:32 Welcoming Kshitij Parashar

01:31 Understanding DCSA

06:12 The Role of Beneficial Cargo Owners (BCOs)

09:32 Standardizing Data in Container Shipping

13:34 Track and Trace: The Journey of a Container

18:45 The Complexity of Standardizing Status Messages

29:45 DCSA's Progress and Future Plans

35:11 Addressing Industry Challenges with Data Latency

42:14 DCSA's Portfolio of Standards

50:23 Challenges with EDI and the Shift to APIs

54:29 Addressing Global Standardization Issues

58:41 The Role of DCSA in Trade Compliance and Sustainability

01:03:03 Conclusion and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co

The Art of Building Supply Chain Brands with Adam Robinson

3rdwave — Fri, 04 Oct 2024 05:00:00 -0500

Welcome to the latest episode of 3rdwave Trade Talks! In this insightful conversation, Grant Sernick, Head of Sales and Marketing at 3rdwave, sits down with Adam Robinson from The Robinson Agency to delve into the intricacies of global trade marketing. They discuss effective marketing strategies, the importance of authentic branding, and the challenges companies face in the B2B supply chain arena. Learn how combining sales and marketing efforts can make a significant impact and hear case studies that showcase successful campaigns. Whether you're in the technology space or a service provider, this episode is packed with valuable insights on mastering the art of building and maintaining a strong brand in the supply chain industry. Tune in to explore how aligning your marketing efforts with your core messaging can lead to substantial growth and brand recognition.

00:00 Intro

00:33 Meet Adam Robinson from TRA

01:42 Adam's Journey in Sales and Marketing

04:18 Challenges in Supply Chain Marketing

08:32 Effective Marketing Strategies

28:15 Case Studies

40:31 Conclusion

Tune 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-blinco

Website: 3rdwave.co

Navigating ISF Filings and Customs Compliance with Gregg Cummings

3rdwave — Thu, 26 Sep 2024 05:00:00 -0500

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 Intro

00:35 Meet Gregg Cummings from Strix

03:59 Challenges in Customs Filings and Self-Filing

05:59 Automation in Trade Compliance

08:56 The Complexity of Data in Customs Entries

13:39 The Importance of Accurate Data and Documentation

19:07 Regulatory Compliance and Importer Responsibilities

32:35 Customs Audits and Bank Records

34:12 Broker Responsibilities and Importer Rights

42:55 Cost Savings with Self-Filing

48:06 ISF Filing and Compliance

56:56 Strix and 3rdwave Partnership

58:00 Conclusion

Tune 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-blinco

Website: 3rdwave.co

Achieving Data Control in Global Trade with Brian Glick

3rdwave — Tue, 17 Sep 2024 05:00:00 -0500

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 Intro

01:16 Meet Brian Glick: From Tech Nerd to Supply Chain Expert

04:42 The Genesis of Chain.io

05:41 Challenges in Supply Chain Integration

07:54 The Importance of Data Standardization

10:00 Real-World Examples of Supply Chain Data Issues

11:48 The Role of Standards in Supply Chain

19:44 Collaboration and Customization in Supply Chain Solutions

30:54 Challenges in EDI Standards and Integration

32:25 Understanding Importer Concerns

34:14 ERP and Supply Chain Misalignment

35:53 Effective Data Management in Supply Chains

42:20 The Role of AI and OCR in Data Processing

54:16 Exciting Integration with Snowflake

56:54 Conclusion and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co

Merchant Marine to Supply Chain Innovator with Capt. Adil Ashiq

3rdwave — Tue, 10 Sep 2024 05:00:00 -0500

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 Intro

00:31 Meet Captain Adil Ashiq

03:25 Choosing the Maritime Academy

05:10 Life at the Maritime Academy

06:20 Becoming an Officer

10:29 First Mission at Sea

16:58 Transitioning to Tech and Startups

25:11 Joining BCG Digital Ventures

30:55 Successful Exits and BCG's Advantage

33:56 Understanding Marine Traffic

36:42 Supply Chain and Logistics Challenges

46:19 Lecturing and Mentorship

50:53 Mariner's Perspective on Global Affairs

57:46 Conclusion and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co

The Intersection of Supply Chain and Technology with Eric Johnson

3rdwave — Wed, 04 Sep 2024 05:00:00 -0500

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 Intro

00:35 Meet Eric Johnson: Technology Editor at the Journal of Commerce

08:39 Supply Chain Challenges and COVID-19

15:27 Technological Advances in Supply Chain Management

35:35 Understanding the Inside and Outside Worlds of Logistics

39:37 Forwarders' Perspective and Misconceptions

45:37 AI's Potential in Logistics

54:39 Investment Trends in LogTech

01:02:22 The Future of Freight Procurement

01:09:35 Regulatory Changes and Trade Compliance

01:13:10 Upcoming Conferences and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co

The Evolution of LCL Freight with Noah Sange

3rdwave — Thu, 15 Feb 2024 05:00:00 -0500

In this episode of Trade Talks, host Grant Sernick sits down with Noah Sange from ECU Worldwide to discuss the intricacies and evolution of Less than Container Load (LCL) freight. Gain insights into the dynamic world of global trade, the unique challenges of LCL shipments, and how companies like ECU Worldwide operate. Discover the importance of efficient supply chains, the impact of digital innovations, and the critical role warehouses and 3PLs play in modern logistics. If you're interested in global trade and the logistics that keep the world moving, this episode is a must-listen.

00:00 Intro

00:32 Meet Noah Sange from ECU Worldwide

01:07 The Story Behind ECU

08:45 Challenges and Risks in LCL Shipping

11:27 ECU's Diverse Business Ventures

13:18 Noah's Role and Digital Innovations

14:20 Partnering with Fulfillment Warehouses

21:59 Noah's Journey into Logistics

25:08 The Importance of Supply Chain

30:28 Conclusion and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co

Building Better Global Trade Solutions with Josh Blinick

3rdwave — Thu, 01 Feb 2024 05:00:00 -0500

In this inaugural episode of Trade Talks, host Grant Sernick, head of sales and marketing at 3rdwave, dives into the evolution and challenges of global trade solutions with the company's CTO, Josh Blinick. Josh shares his journey in transforming 3rdwave's platform from bespoke enterprise solutions to a modern web-based application, focusing on international trade compliance and transportation. The discussion explores industry trends, the importance of data visibility, the impact of AI, and the differences in needs between shippers and logistic service providers. Tune in to gain insights into the future of global trade and the methodologies driving 3rdwave's innovative solutions.

00:00 Intro

01:09 Meet 3rdwave CTO Josh Blinick

03:52 Re-platforming to a Modern Web Environment

09:10 Evolution of 3rdwave's Product Focus

17:53 The Concept of Visibility in Supply Chains

24:46 Economic Differences: LSPs vs. BCOs

29:13 Challenges in the Supply Chain Software Market

37:07 3rdwave's Focus and Customer Base

51:19 Future Trends: AI in Supply Chains

55:12 Conclusion and Final Thoughts

Tune 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-blinco

Website: 3rdwave.co