Incoterms

What does it mean? It means that they have to come up with criteria to make sure that the, uh, correct amount of bonding is in place for the US importer of the record versus foreign importer of the record.

A brief explanation, I think, here would help to understand that traditionally, when the shipments are purchased based on DDP, duty delivered, uh, paid Incoterms, the foreign manufacturer would, uh, sell the product, would arrange the, uh, ocean transportation, and once arrived in the US, through a representation of their company, that could have been just, uh, one person sitting at their home, uh, arrange the customs clearance through a, a customs broker, and then finally deliver it to the importer of the record.

Now, that is changing.

The administration is pushing hard to, uh, make sure that the foreign importer of record should have physical presence in the United States, and have asset, and should have assets, basically.

At the moment that AI needs to optimize that, because that's, that's a humongous context model.

That means that the, the AI needs to be capable of going not only into a context model that says, "Yeah, but if you, if you have this sales order, then it, it's connected to a shipment and delivery, it's connected to Incoterms, it's connected to the agreements that we have with the customer, the contracts, uh, and it needs to be connected to the billing part." But it also needs to replicate that a hundred or a thousand times for all of the individual processes, and then aggregate it back into something that makes sense for the people that do the supply chain management.

Because one, one of the biggest challenges...

I've, I've, I've been a supply chain manager for a couple of years in my, in my career, and one of the biggest challenges was, is that on the highest level, the aggregated level, it looks all very plausible and understandable.