ITAR Compliance Checklist It goes without saying that the United States doesn’t want defense-related weaponry to fall into the wrong hands, which is why the government’s oversight of military equipment is far stricter than it is for other types of exports. The set of rules that governs exports found on the U.S. Munitions List (USML)…

Sanctions Screening 101 You’ve probably heard the terms AML (anti-money laundering) Sanctions, Denied Party Screening, or Sanctions Screening. There are many others out there, but they all have a similar meaning and objective: detect and prevent financial crime and identify suspicious activity. Money laundering and the misuse of financial services for fraudulent and criminal purposes are…

The Use Of Artificial Intelligence In The Supply Chain Talking about artificial intelligence (AI) in supply chain management might seem, at first glance, to be a “futurist” topic — a prediction of what is to come. In actuality, AI in supply chain forecasting, planning and management is extensively used today, and has been for some…

The Tight Trade Compliance Labor Market Overall, the current job market for trade compliance professionals looking to make a career move is ripe for the picking. This is due to a number of reasons; increased government oversight, trade war disputes, and the resulting awareness by companies of the importance of the position. This has led to…

Managing Import & Export Operations 101 For global businesses, importing and exporting goods efficiently is paramount to growth and success. Engaging in international trade can help companies stay competitive and extend profit margins by reducing costs; gaining access to better quality parts, supplies and materials; expanding into new markets; and buffering themselves from domestic market…

4 Reasons to Have a 3rd Party Review Your Global Trade Compliance Program Compliance. Most businesses look at that word and immediately think “headaches” and “waste of money”. Yet there are many reasons why savvy importers and exporters should replace those thoughts with the phrase, “competitive advantage.” Your trade compliance program is much like your body’s immune…