Hosts: Renee Chiuchiarelli Julie Parks

Series: Trade & Technology Episode: Tech Series – Episode 2a Format: Simply Trade Tips (Hammer & Heels) Length: ~10 minutes Presented by: Global Training Center

In this episode of Simply Trade Tips, Renee Chiuchiarelli and Julie Parks zoom out to look at the big picture of trade technology, focusing on two foundational elements: products and entities.

As companies face increasing scrutiny, data volume, and regulatory complexity, this conversation explores how trade technology can manage, automate, and store trade-critical data upstream—long before a “screaming shipment” hits the dock.

This episode builds on the Tech Series by explaining how trade professionals can move away from transaction-level firefighting and toward scalable, reusable, and compliant trade data frameworks.

Renee and Julie discuss how technology supports the sub-processes behind product-related trade decisions, including:

• Trade numbering (HS, Schedule B, ECCN, USML, CCCN)

• Partner Government Agency (PGA) requirements

• Country of origin determination (especially critical in today’s tariff environment)

• Transaction value and valuation sub-processes

• Managing product attributes once so they can be reused across all transactions

The key takeaway: 👉 Trade data should live with the product — not be recreated for every shipment.

The conversation then shifts to entities and how technology can manage trade-related data that isn’t tied to a single order but affects every transaction:

• Restricted party screening (and why re-screening matters)

• Sanctions and due diligence

• Supply chain mapping and forced labor compliance

• Ownership, related-party indicators, and M&A activity

• Using technology to support CBP enforcement trends and data analytics

The message is clear: 👉 Entity-level data is foundational to modern trade compliance and enforcement readiness.

Julie and Renee emphasize that technology isn’t about replacing trade professionals — it’s about:

• Handling high data volumes efficiently

• Reducing manual, repetitive work

• Freeing up time for strategic trade decisions

• Creating a single source of truth for product and entity trade data

When trade answers are attached at the product and entity level, they flow automatically into every import and export transaction — improving consistency, compliance, and confidence.

Take time this week to:

1. Identify your biggest product or entity data challenges

2. Ask where trade answers (classification, origin, valuation, screening) currently live

3. Evaluate how well those answers are married to your product or entity data

4. Think about how that data could be reused — not re-created — across transactions

Then, bring your insights to the Trade Geeks Community and share what you’re discovering.

👉 Join the conversation here: Trade Geeks Community

Catch this episode on your favorite platform:

• YouTube

• Spotify

• Apple Podcasts

📅 New Simply Trade Tips episodes drop every Tuesday.

Hosts: Renee Chiuchiarelli Julie Parks

Producer: Lalo Solorzano

Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals 👉 https://www.globaltrainingcenter.com/?utm_source=SimplyTradePodcast