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Navigating ISF Filings and Customs Compliance with Gregg Cummings
Manage episode 442161977 series 3551996
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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
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