In a globalized world, regulatory authorities and shipping companies are faced with the monumental task of ensuring the security of global supply chains.
Illicit imports often have severe implications that go beyond economic losses. They can pose significant threats to the safety and health of the public.
Thanks to technology, specifically artificial intelligence (AI), the battle against illegal trade is seeing a promising shift. Angie Payne, CEO of A American Container discusses.
Shippers Beware! High-Tech Tactics Uncover Sneaky Smuggled Imports
Imagine being a fly on the wall at the Council of Supply Chain Management Professionals Edge Conference last week in Orlando, Florida. Transport and tech gurus gathered to unravel an important conversation.
Their focus? The immense value of leveraging advanced technology to assess the potential pitfalls lurking in global supply chains and imports.
With AI making headway in various fields, it’s not surprising to see its application in the realm of imports and customs.
AI has emerged as a powerful tool that shippers and regulatory authorities are tapping into to ferret out illicit imports.
But how does technology play a part in throwing a wrench in the works of smuggling?
AI can RAPIDLY process vast amounts of data and can ‘learn’ to detect patterns and anomalies that could translate into illegal activities. It’s like having a team of tireless, ultra-efficient customs officers working 24/7.
From satellite tracking and predictive analysis to machine-learning algorithms, AI-driven applications offer precise and efficient results.
Regulators Crush Illicit Imports Using Cutting-Edge Tech
Janet Labuda, head of compliance at Maersk Customs Services, has more than 25 years of experience, both within and consulting for U.S. Customs and Border Protection. She has seen firsthand how crucial AI and machine learning have become for validating supply chain processes.
As she insightfully points out, “From my experience, every time you have a new regulation or legal requirement, there are companies out there that are going to do everything in their power to circumvent that law.”
Think of the sheer volume of textile products flowing from powerhouses like China, each one with its own set of documents to validate. Overseeing such a staggering amount is simply impossible without the aid of advanced technologies.
The inherent risks become apparent when recalling situations like 2017’s Operation Mirage. This incident saw U.S. authorities seize over 5 pounds of the deadly opioid fentanyl from noncompliant importers.
It’s not about using technology just for the sake of it.
Amy Morgan, Vice President of Trade Compliance with Altana Technologies, puts it as “We are not just creating AI tools for the sake of creating AI. We are trying to solve these hard problems…AI-powered insights help customers take informed action, like seeing alternative suppliers, tracing their raw materials, identifying potential geographic concentrations and targeting risky supplier networks.”
Regulators Unleash High-Tech Arsenal to Bust Illegal Import Traders
The use of technology in combating illicit imports has proven to be a game-changer for shippers and regulators alike. With advanced data analytics and AI-powered tools, they can detect suspicious activities, identify high-risk shipments, and prevent illegal goods from entering the market.
This not only protects consumers from potentially harmful products but also safeguards the national economy and security.
A American Container – Your Reliable Source for On-Site Storage
The shipping industry is on the brink of a technological revolution with the rise of artificial intelligence. Although the full potential of AI in this field is yet to be realized, it holds immense promise for enhancing efficiency, reducing costs, and improving overall operations.
As we await the advancements that AI will bring, it is important not to overlook the immediate needs of businesses in terms of storage, job site security, and mobile office solutions.
How can we help you think outside the box?® For reliable steel cargo container sales, rentals, and modifications, contact our team at A American Container at 813-740-1911.