Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Inside Global Trade, Compliance, and Logistics

Inside Global Trade, Compliance, and Logistics

FromAuto Supply Chain Prophets


Inside Global Trade, Compliance, and Logistics

FromAuto Supply Chain Prophets

ratings:
Length:
26 minutes
Released:
Jun 17, 2024
Format:
Podcast episode

Description

At the heart of The Prophets’ vision are “The 24 Essential Supply Chain Processes.” What are they? Find out, and see the future yourself. Click here In this episode of the Auto Supply Chain Prophets Podcast, hosts Terry Onica and Jan Griffiths dive into the complexities of global trade, compliance, and logistics with their guest, Jeff Peterson, Director of Global Trade and Logistics at DRiV, a Tenneco company. Jeff digs into the challenges facing the trade compliance industry today. He highlights the ocean shipping container shortage, which has led to increased costs and delays. He also addresses other disruptions, such as port backups and global trade policies, which compound the complexities faced by professionals in the field. ​According to Jeff, staying informed through reliable 3PLs and brokers and leveraging technology and software applications is crucial in dealing with these issues.Jeff Peterson explains that they handle customs audits by focusing on security and compliance. They take a proactive "shift left" approach, doing necessary work upfront to avoid audits. Their comprehensive strategy helps mitigate risks to both business and national security.Talking about the challenges at the US-Mexico border, Jeff explains that security is the main focus. They use the CTPAT and FAST programs to facilitate smoother border crossings, similar to a TSA pre-check for cargo. These security measures help ensure efficient movement across the border.Jeff's passion for people development shines through as he discusses his strategies for talent growth. He believes in creating comprehensive programs that offer career paths, hands-on experiences, and continuous learning opportunities. When it comes to future-proofing the industry, Jeff advises Tier One and Tier Two leaders to focus on the people aspect of the business first, have an action plan, maintain pristine data, and be ready to pivot as necessary. He believes that while technology is vital, it's the dedication and expertise of individuals that truly drive success.Themes discussed in this episode:The ongoing ocean shipping container shortage, predicting higher costs and delays due to global disruptionsThe need for staying updated through reliable 3PLs and brokers to manage unexpected global trade issuesThe use of predictive logistics software to manage supply chain risks and ensure timely deliveriesPlacing customs and compliance within the supply chain rather than in finance or legal departments for better integrationThe importance of breaking down organizational silos to ensure smooth operations and proactive risk managementHow trade wars and the COVID-19 pandemic have brought supply chain management into the public eyeManaging security and compliance at the US-Mexico border through programs like CTPAT and FASTThe role of technology and software in maintaining compliance and streamlining logistics processesFeatured on this episode: Name: Jeffrey PetersonTitle: Director, Global Trade and Logistics CI, DRiV Inc. – a Tenneco company.About: Jeff Peterson is a seasoned professional specializing in global trade and logistics. Currently serving as Director of Global Trade and Logistics CI at Tenneco, Jeff has extensive experience managing various functions, including Client Management, Reconciliation, Restricted Party Screening, and Export Operations, during his tenure at Livingston International. He has also led the Graduate Rotation and Development Program,
Released:
Jun 17, 2024
Format:
Podcast episode

Titles in the series (61)

We really can’t predict the future … because nobody can. What we can do, though, is help auto manufacturers recognize, prepare for, and profit from whatever comes next. Auto Supply Chain Prophets gives you timely and relevant insights and best practices from industry leaders.