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Trade Compliance
On Demand
April 15, 2021
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5 Common Duty Drawback Challenges and How to Overcome Them

Grant Sernick

Director of Sales at 3rdwave

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April 15, 2021 2:00 PM
ET
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Managing a duty drawback program for your organization can be incredibly challenging. Historically, there haven’t been any tools that can help you manage the incredible breadth of data required to support a drawback program, aside from spreadsheets. And so, while the spreadsheet is an indispensable tool in the pursuit of managing drawback effectively, its limitations are also the cause of many of the problems. 

Join us as we explore the 5 biggest problems that trade compliance professionals must deal with when managing drawback. This webinar will provide a foundation for you to understand how the proper organization of your data, supported by the right technology tools, will enable you to manage your drawback process without stress and with enhanced control.

On the webinar, we will be discussing:

  • Your work vs your drawback broker’s work
  • What data do you have, and what do you need?
  • Connecting disconnected data sets
  • What to do with inconsistent data
  • Products and Bills of Materials (BOMs)

*On this webinar we will not be discussing the nuances and legal intricacies of the US Drawback program. If that is your interest, please let us know and we can provide on-demand webinars on that topic.*

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Grant Sernick
Director of Sales at 3rdwave
Grant is responsible for Sales and Business Development at 3rdwave. A thought leader and writer, Grant is an expert at helping BCOs organize their data and processes to automate and control operational tasks, while making the data available to the broader organization’s business processes, analysis, and reporting. Grant has a Mechanical Engineering degree from Queen’s University in Kingston, Ontario, and an MBA from the Ivey School of Business at Western University in London, Ontario.
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