The Import Export Podcast discusses key information around Import, Export and Global Trade. We talk with industry experts to discuss how the import / export process currently works and give insight into how the industry is beginning to change. We give listeners tips on how to improve their global supply chains.
Brian from the Worldwide Supply Chain Network discusses how Global Supply Chains are being affected by Brexit, Tariff updates and trade wars. We discuss how businesses involved in the import export process can minimize the impact these changes will have to their business.
Brian discusses how tariff changes can impact supply chains and freight flows in the short term, and how these may have a more long term impact on supply chains. We discuss the options that companies have to absorb the increased costs or pass these on to end consumers within each industry.
Brian and Lisa setup the first 'New York Supply Chain' meetup which has quickly expanded into the 'Worldwide Supply Chain Network'. The goal of these meetups is to bring together the technology companies and big businesses that need to work together to reinvent supply chain management. Parties that want to launch a supply chain chapter in their own country can go to www.theworldisasupplychain.com or contact Brian and Lisa for more details.
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Warwick from BeefLedger explains what blockchain technology is, how it works and how blockchain solutions are being applied to real world import export shipments. Blockchain technology has the potential to revolutionize Global Trade and the import export process.
Warwick discusses how blockchain technology applications are providing value for all parties along the supply chain, from shippers, freight forwarders, ports, customs, shipping lines and importers all over the world. Implementing blockchain throughout the supply chain will eliminate manual data re-entry, eliminate human error and increase security. It also provides the base for smart contracts to initiate events such as International payments when certain conditions are met.
What is Blockchain technology and how does it work?
How will Blockchain increase efficiencies in the import/export supply chain?
How will Blockchain increase security in the supply chain?
How does it enable smart contracts and payments with cryptos
Heather from Sourcing Playground explains how buyers should correctly source imported goods from online marketplaces such as Alibaba, Made-In-China, Global Sources others. Heather gives key tips on how to:
Correctly give suppliers detailed product information
Compare supplier's quotations and product specifications
Overcome language and cultural barriers
Understand if you are dealing with a factory or trading company
Heather also explains how Sourcing Playground works to streamline the sourcing and enquiry process for buyers and sellers around the world.
This podcast is brought to you by IncoDocs.
Steve from Coverfreight gives our listeners and understanding of how marine insurance works. We discuss why it's important for shippers to insure their cargo and who should cover insurance based on the IncoTerms agreed. Steve gives insight into some of the common problems and claims made when shipping goods Internationally. We give tips on how shippers should choose a marine insurance provider for their business operations.
Conor from Explorate gives an overview of how the shipping process currently works and we discuss how the industry is beginning to change through software. We give shippers tips on how to improve their supply chain and logistics withing their business using readily available software.