Sign up for tax alert emails    GTNU homepage    Tax newsroom    Email document    Print document    Download document

January 8, 2020

Wednesday, 22 January 2020 | The Power of Technology in Global Trade (10:30 am GMT)

Wednesday, 22 January 2020, will be the first in a series of webcasts that EY is providing on the Power of Technology in Global Trade.

EY's Global Trade team will explain current key issues and trends on this topic, alongside some innovative technology demonstrations to show how analytics can support your business in the most efficient, agile and cost effective way.

We will be running a series of webcasts over the next few months to highlight the complexities and solutions for specific customs and global trade related topics, including the following:

  • The power of technology in Global Trade – This session will cover using trade data to optimize trade flows, assess compliance risks, identify trends, broker performance/accuracy, supply flows, supplier oversight, product classification/value/origin errors + much more. 
  • Tariff Classification of products, Analytics and Machine Learning – classification is a key, legal requirement for customs declarations. We discuss how analytics can assist and simplify this process.
  • Origin and technology solutions – Origin calculations, evidencing that Rules of Origin are met and having effective origin management systems, will become ever more important for accessing reduced or nil duty rates under free trade agreements (FTAs). This will be particularly important regarding a potential future FTA between the UK and the European Union. Analytics can significantly simplify and speed up this process. This session will discuss recent changes in UK and Global FTAs and how analytics can provide solutions going forward. 
  • Trade wars, scenario modelling and mitigation planning – Trade wars are adding both cost and complexity to many supply chains.  Understanding the impact and options for mitigation will be key for successful businesses going forward.  This session will examine the recent events in the global arena and discuss how analytics may assist in the analysis and forward planning. 
  • Global Trade Management (GTM) solutions – This session will discuss the developing use of GTM solutions in the UK today and the range of software available to match different requirements. This may include making your own customs declarations and also managing duty relief schemes (track and trace of goods etc).

Date: Wednesday, 22 January 2020

Time: 10:30 am – 11:15 am GMT; 5:30 am – 6:15 am ET

Registration: Register for this event.


The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.


Copyright © 2024, Ernst & Young LLP.


All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.


Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.


"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.


Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct Opt out of all email from EY Global Limited.


Cookie Settings

This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. More information on the cookies we use can be found here. By clicking 'Yes, I accept' you agree and consent to our use of cookies. More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or Please refer to the privacy notice/policy on these sites for more information.

Yes, I accept         Find out more