Episode description

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

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