3rdwave

AI-driven platform for global trade management, shipment execution, and compliance.

by 3rdwave ยท Tax Compliance

Executive Summary

3rdwave is an AI-powered Global Trade Management (GTM) platform designed to simplify international shipping and trade compliance. It provides businesses with real-time visibility, enabling faster adaptation to market changes and ensuring worldwide regulatory adherence. The platform is built for international shippers across various industries, with specialized expertise in areas like Wine & Spirits. The platform automates the complex process of translating shipment data into accurate customs data, facilitating perfect entries and optimizing global trade operations. It offers comprehensive features for customs compliance, duty drawback, and restricted party screening. Additionally, 3rdwave helps U.S. importers manage the intricacies of global trade by calculating Total Landed Cost (TLC), including duties, fees, and taxes, before shipments occur. 3rdwave supports all facets of the import/export process, starting with a state-of-the-art Product Master File that manages Bills of Material. It provides deep visibility and insights into trade operations through features like a Supply Chain Control Tower, which monitors activities at the port (inbound, at the port, and outbound). The platform also offers seamless integration capabilities and advanced analytics to drive digitization in shipping and logistics.

Use Cases

  • Automating customs compliance and duty drawback processes for international shipments.
  • Performing restricted party screening to ensure global trade security and compliance.
  • Calculating Total Landed Cost (TLC) to accurately estimate duties, fees, and taxes before shipping.
  • Gaining real-time visibility and control over global supply chain activities with a control tower view.
  • Digitizing and streamlining import/export operations from product master file management to shipment execution.

Features

Visibility

  • Real-time Shipment Visibility: Gain real-time visibility into shipment execution and global supply chain activities.
  • Total Landed Cost (TLC) Calculation: Accurately calculate all shipment costs, including duties, fees, and taxes, before shipping.
  • Port Monitor Control Tower: Access a control tower view of ongoing supply chain activities at the port: inbound, at the port, and outbound.

Intelligence

  • AI-Driven Compliance: Leverage AI-driven capabilities for enhanced trade compliance and efficient shipment execution.
  • Advanced Analytics: Utilize advanced analytics to gain deep visibility and actionable insights into trade operations.

Technical Specifications

Deployment
SaaS
API Available
Yes

Pricing

Starting Price
Contact sales
Target Customer
Mid-Market,Enterprise

Ratings & Reviews

G2: 3.8/5/5