New Product Announcement from KYG Trade | Know Your Goods™ |
NextGen Global Trade Compliance and Product Research with ChatKYG™, Trade Korpus™, and AI | Meet Kay
Overview
ChatKYG and Trade Korpus, the latest innovations from Know Your Goods, represent a groundbreaking approach to trade compliance and product research. The features are two sides of the same digital coin that leverages advanced AI technology to streamline trade and product research processes and deliver more efficient and user-friendly answers. By combining the power of AI-driven chatbots, ChatKYG, with a comprehensive knowledge base, Trade Korpus, this innovative tool significantly reduces the time and effort required for trade compliance and product research activities.
ChatKYG and Trade Korpus are new features that enhance the core Know Your Goods platform. They enable the Know Your Goods user to easily navigate from the compliance orchestration core platform to a powerful research tool within the product. The result is a seamless and smooth user experience for the global trade compliance professional.
Business Need & Value
The traditional methods of trade compliance and product research often involve extensive manual work, leading to inefficiencies and increased workload for trade experts. ChatKYG and Trade Korpus address these pain points by automating research tasks which enhances the overall user experience and ultimately improves decision-making capabilities. This technology not only saves time and resources but also enables global compliance teams, consultants and attorneys to stay competitive in a rapidly evolving trade landscape.
To ensure the effectiveness of ChatKYG and Trade Korpus, several key conditions and assumptions are in place. The chatbot interface is designed to be intuitive and efficient for trade compliance professionals, requiring minimal training for effective use. The platform is equipped with a comprehensive and up-to-date knowledge base of trade compliance regulations, and the AI algorithms can quickly adapt to changes in trade laws and regulations. Additionally, the platform securely handles sensitive data and complies with data protection laws to ensure user privacy and security.
ChatKYG and Trade Korpus are built on advanced AI algorithms that enable natural language processing, semantic search capabilities, and intelligent data analysis. The browser extension, a key feature of the platform, automates the process of copying and pasting product data from product web pages into ChatKYG for research and analysis. This functionality streamlines the research process, allowing users to quickly apply relevant regulations and make informed decisions more efficiently.
User Requirements, Scenarios and Examples
Users of ChatKYG can easily manage prompt templates, input product attributes, and access citations/references within the chat interface. The browser extension enhances user productivity by automatically extracting product data from webpages, eliminating manual data entry and saving valuable time. These features make the research experience more accessible and user-friendly for trade compliance professionals.
Imagine a trade compliance expert navigating ChatKYG, creating an account, logging in, and seamlessly inputting product attributes for research purposes. With the browser extension, the user can automate data extraction from a webpage, apply relevant regulations, and receive timely and accurate responses from the AI-powered chatbot.
Kay, the Know Your Goods AI Assistant, can quickly answer questions such as:
1. "Can you summarize the findings of my product research based on the product attributes, assessments, forced labor risk, customs rulings, and overall conclusion?"
2. "Is there any forced labor risk based on the information you found on the finished product and related documents?"
3. "What are the HS code and associated customs rulings for the product?"
4. "Give me a summary of the top five customs rulings on my bookshelf, Kay."
In Summary
ChatKYG and Trade Korpus represent a transformative leap forward in trade compliance and product research, offering a user-friendly interface, advanced AI capabilities, and automated data processing functionalities. This innovative platform not only saves time and resources but also improves decision-making and competitiveness in the trade industry. With ChatKYG and Trade Korpus, trade compliance professionals can stay ahead of regulatory changes, make informed decisions, and navigate complex trade landscapes with confidence.
For early access to ChatKYG and Trade Korpus, sign up using the link or QR code below. We will contact you as we onboard early users. Early Access Sign-Up
KYG Trade | Know Your Goods™ is a next-generation AI-Assisted orchestration platform and marketplace purpose-built for global trade and customs compliance. Our open, extensible and API-friendly architecture and automated workflows simplify the gathering of product information, which reduces emails, attachments, and eliminates redundancy. Our AI-Assistant, Kay, along with our TradeKorpus™ saves importers and exporters time researching global import and export regulations. Our Marketplace provides numerous 3rd party content and automation “oracles” to assist with HS and export classifications, FTA qualification, supplier solicitations, SKU-based product traceability, forced labor supplier mapping, detention case management, restricted party and sanctions screening, as well as false positive hit dispositioning. These advancements enable our clients to work faster and smarter, get more done with the same resources, reduce penalty risk, and achieve ROI by unlocking duty and cost savings.
Contact:
Leslie Levy August, Chief Marketing Officer, KYG Trade, Inc. 650.391.7759
Leslie@KYG.ai, www.KYGTrade.com