🌟 Welcome to KYG Trade's monthly newsletter, Trade Prompt. 💻 Trade Prompt is about trade compliance and technology. 📧 To be added to the mailing list, click on the link in the comments. 👇👇👇👇👇Link to Trade Prompt is in the comments.👇👇👇👇👇
KYG Trade™
International Trade and Development
Newport Beach, California 914 followers
AI-assisted import, export and ESG compliance for cross-border trade.
About us
KYG Trade operates the world’s first decentralized Trade Attestation Platform and Marketplace. We facilitate the global digital exchange, recordkeeping, and auditability of product attribute data for trade, sustainability, and ESG claims for the cross-border movement of goods. Importing or exporting a good requires highly skilled expert knowledge of ever-changing complex regulations. 80% of the time and cost of attestation is obtaining detailed information about the good itself. Today, massive amounts of emails and source document attachments are exchanged between product owners, trading partners and the authorities to determine the required attestations. The KYG Trade Platform and Marketplace simplify the exchange of product attribute information, eliminate redundancy, and streamline the attestation process. This results in a significant reduction in cost and penalty risk while increasing levels of compliance and utilization of preferential tax, tariff and SESG benefits. $20 trillion in goods cross international customs borders each year. Every import/export requires multiple attestations, such as: - Country of Origin - Harmonized Tariff Schedule Code - Export Classification Control Number - ESG Claims Other attestations depend on the good such as: - Certification of Origin for Free Trade Agreement Benefits - Forced Labor - Conflict Minerals - Food and Drug Registration - Intellectual Property Rights Registration - 100s of others The KYG Trade Attestation Platform and Marketplace: - Simplifies the attestation process - Connects importers and exporters to a global network of trade compliance experts - Eliminates redundancy - Reduces the cost of compliance - Reduces risk of border clearance delays and detentions - Reduces risk of customs fines and penalties Big box importers and small eCommerce merchants on Amazon, EBay, Alibaba, Walmart.com, and others will benefit from the KYG Trade Platform and Marketplace! Learn more at...
- Website
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https://www.kygtrade.com
External link for KYG Trade™
- Industry
- International Trade and Development
- Company size
- 11-50 employees
- Headquarters
- Newport Beach, California
- Type
- Privately Held
- Founded
- 2020
- Specialties
- import, export, country of origin, forced labor, sustainability, environmental, social, governance, ESG, Free Trade Agreement, Origin, Preferential Origin, Non Preferential Origin, Buy America Act, eCommerce Merchants, Supply Chain, Logistics, Trade Policy, Tariffs, Blockchain, HTS, Harmonized Tariff Schedule, CBP, US Customs and Border Protection, ITAR, Rules of Origin, World Customs Organization, World Trade Organization, International Chamber of Commerce, ICC, WTO, and WCO
Locations
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Primary
Newport Beach, California 92660, US
Employees at KYG Trade™
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Thomas Sehested
Tech & Real Estate Investor (Copenhagen / New York)
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Sheila Jordan
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Leslie Levy August
CMO @ KYG Trade | Third Generation Global Trade Geek | RegTech Advocate | Bringing Innovative Automation to Trade & ESG
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Todd R. Smith
Global Trade Management expert and Founder CEO at KYG Trade™
Updates
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🎤 We are very proud of our founder and CEO, Todd R. Smith, for his contribution at the American Association of Exporters and Importers (AAEI) annual conference this week. 🚀 The technology insights from the AI panel he was on were a welcome relief to an audience now deciphering dozens of new trade technology options. #tradecompliance #tradefacilitation #aifortrade
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🎉Thank you to American Association of Exporters and Importers (AAEI) for hosting this wonderful event. We're thrilled to showcase KYG Trade's AI assistant, Kay 1.0, reimagining trade compliance with human-in-the-loop processes and advanced technology. 🚀 Stop by Booth #210 to see how Kay 1.0 can help you work faster and smarter with: 🔹 HS & Export Classifications 🔹 FTA Qualification and supplier solicitations 🔹 SKU-based FORCED LABOR risk and case management 🔹 RPS + sanctions screening + soft hit dispositions 🔹 CROSS Rulings and regulations research 🔹 Product traceability Don't miss the "AI, Automation, & Reasonable Care" panel on June 12, 2024, at 9:30 am. Founder, CEO, and LCB, Todd R. Smith, will be discussing the latest tools to improve compliance and meet Customs’ reasonable care standards. 🌐 #TradeCompliance #AI #Automation #KYGTrade #GlobalTrade #AAEI #TradeInnovation
#AAEI2024 thanks APEX Sponsors Altana , Sayari, and Sandler, Travis & Rosenberg, P.A., as well as our Diamond Sponsors Alba Wheels Up International, Charter Brokerage LLC, DHL Express, Flexport, KYG Trade™, and mesur.io. | Your support is helping make global trade happen! #globaltrade
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🚀 We are excited to be setting up our booth at American Association of Exporters and Importers (AAEI)'s annual conference today! 👀 And especially looking forward to Todd R. Smith participating in the "AI, Automation and Reasonable Care" panel on Wednesday at 9:30 am. 👑 This rock star panel includes Julie Ann Parks of RTX Technologies, Amy Morgan of Altana AI, Thariq Kara of BITE Compliance and Philip Duplisey of mesur.io. 💥 Stop by Booth 201 to see the latest technology for global trade compliance and to meet Kay 1.0, our AI assistant. 🌎 Enter our raffle and get your personalized luggage tag too!
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👗 Shout out to the American Apparel and Footwear Association (AAFA) and their Global Supply Chain and Trade Conference starting today. 🎤 KYG CEO and Founder Todd R. Smith will speak on "CASE STUDY: AI IN ACTION," while Beth Hughes moderates. 👀 Take a look at the wonderfully curated agenda below.
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🚀 Explore KYG Trade’s AI-Assisted Capabilities at the 2024 ICPA ITAR Conference! We’re thrilled to announce our participation in the 2024 ICPA, Inc - International Compliance Professionals Association's ITAR Conference in Fort Worth, Texas! 🗓️ Date: June 4-6, 2024 📍 Location: Fort Worth, Texas 🎯 Stop by our booth to explore our capabilities in ITAR and export compliance, featuring tools like EAR + ITAR Compliance, USML & CCL Classification, Automation + Workflow, and many more showcased on the KYG Trade™ platform. 🔗 Register Here: https://lnkd.in/ey7PJps6 #ICPA2024 #ITARCompliance #TradeCompliance #AI #TradeInnovation #KYGTrade
2024 ICPA ITAR Conference - Fort Worth
web.cvent.com
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🌐 We are thrilled to announce that our Founder and CEO, Todd R. Smith, will be presenting at the 10th Annual Orange County World Trade Week Forum alongside Simona Filip Racek, CGBP, Siddhi Khara, and Megha Shah, on May 23rd, 2024. 🌍Join us for an evening with keynote speakers, engaging panels on hot topics in trade, and networking opportunities. Connect with key trade organizations, international business groups, and access global resources in Southern California. 📅 Date: May 23rd, 2024 🕔 Time: 5:00 PM - 8:30 PM PST 📍 Location: The Irvine Marriott Hotel, Irvine, CA 💵 Price: $75 per ticket Presented by the District Export Council of Southern California, this event is perfect for businesses eager to explore or deepen global connections. Don’t miss this chance to propel your trade ambitions forward, register here: https://lnkd.in/eTcxG6-9 #KYGTrade #WorldTradeWeek #TradeInnovation #TradeCompliance #InternationalTrade
Orange County World Trade Week Forum 2024
web.cvent.com
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KYG Trade™ reposted this
🚀 AI & Trade Compliance are coming together in powerful ways! 🏹 Learn more on this upcoming webinar. 💎SF Bay Area trade compliance professionals organization, PAEI, is offering this great educational opportunity. 📯 Registration is in the link below.
Trade Compliance in the Age of AI: A Roadmap
https://www.paei.org