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Global sourcing logistics: how to manage risk and gain competitive advantage in a world wide marketplace

Author: Cook, Thomas A. Publisher: AMACOM, 2007.Language: EnglishDescription: 378 p. : Graphs ; 24 cm.ISBN: 0814408923Type of document: BookBibliography/Index: Includes bibliographical references and index
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Item type Current location Collection Call number Status Date due Barcode Item holds
Book Europe Campus
Main Collection
Print HD39.5 .C66 2007
(Browse shelf)
001226079
Available 001226079
Total holds: 0

Includes bibliographical references and index

Digitized

Global Sourcing Logistics How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace Contents Foreword Preface Acknowledgments Chapter 1 Developing Foreign Sourcing xv xvii xix 1 This chapter sets the stage for the volume of comprehensive and critical material covered in the balance of the book. It explains in an overview format just why companies look to sourcing overseas, how they will interface with foreign companies, and just what options exist in finding and managing these vendor relationships. There is also an intensive guide to finding and qualifying overseas partners. Overview Sourcing vs. Outsourcing Global Purchasing Management 101 · Skill Sets for Purchasing Managers Why Develop Sourcing Options in Foreign Markets? · Locating Manufacturing Sources · Developing Relationships with Foreign Partners Joint Venture, Own, or Contract Out? Chapter 2 The Global Sourcing Model 17 This chapter begins the process of dissecting the risks of global sourcing, framing the issues, and providing necessary benchmarking ideas for evaluating the importance to your organization is supply chain. Various case studies will be reviewed that provide insight and informed concepts into your own decision-making processes. Identifying the Risks of Global Sourcing. · Competition for Resources · Lack of Expertise · Force Majeure · Local and Regional Politics · Currency Issues · Local and Regional Economics · Relationships between the United States and Other Countries · Language and Culture · Energy, Communication, and Transportation Infrastructure · Government Posture · Legal and Proprietary Rights · U.S. Customs · The Physical Risks of Transporting Goods from Overseas to the United States Putting the Risks into Perspective. · Cook's Law of Global Risk Case Studies: · Where Foreign Sourcing Makes Sense · Where Foreign Sourcing Makes Little Sense Options to Global Sourcing Foreign Trade Zones Chapter 3 Landed Costs 37 Landed Cost becomes the key factor in making sure that foreign sourcing provides competitive advantage. It is the total aggregate of all the costs to develop and bring a product to produce utilization or revenue. Understanding how landed cost works is a key ingredient for making sure that off shore production is viable and to assure competitive inbound supply chains Developing Landed Cost Models · Import Landed Cost Matrix · Export Landed Cost Matrix Integrating Domestic Supply Chain Requirements Landed Cost AnalysisCase Study · Landed Costs Reducing Landed Costs Sourcing from China · Best Practices from PRC China Transportation and Logistics · Managing Service Providers: Freight Forwarders, Customhouse Brokers, and Carriers · Third Party Logistics Chapter 4 Post 9/11 and The Affect on Global Purchasing 59 The world changed on 9/11. This chapter peels through the layers of government scrutiny in dealing with the various government agencies engaged in enforcement and regulatory controls. The reader will have a very detailed composite of all the necessary documentation, procedures, and legal ramifications involved in importing goods and merchandise into the United States. In today's competitive market, in order to run successfully, all supply chains must pay attention to all the security, compliance, and regulatory affairs that have changed importing and exporting since the events of 9/11. Post 9/11 Overview · Compliance, Security, and Terrorism · Department of Homeland Security · U.S. Customs and Border Protection · Container Security Initiative · 24 Hour Manifest · Customs-Trade Partnership Against Terrorism · Free and Secure Trade Department of Transportation and the Transportation Security Adminstration: Hazardous Materials · Operation Safe Commerce Import Management Overview · Importer of Record · Reasonable Care · Supervision and Control · Ultimate Consignee · Power of Attorney · Due Diligence · Record Keeping · Documentation (Invoice) Requirements · Assists · Drawback · Harmonized Tarriff Classification · Imported Product and Origin Markings · Valuation · Duties and Taxes · Customs Ruling Online Research System · Intellectual Property Rights E-Recordation Online System · Automated Customs Environment Compliance Management: Post 9/11 Environment · How Supply Lines were Affected · The United States Government Reacts · Logistics Costs Escalate · Documentation Detail · Inbound Supply Chains Required Changes · Supplier Qualifications · Compliance Management Foreign Sourcing Executives and Export · Government Agencies · Automated Export System and Census Bureau · United States Principal Partner of Interest · Export Licensing · Denied Parties · Deemed Exports · Bis Transshipment Country Export Control Initiative · Anti-Boycott Compliance · Department of Treasury · Department of State Chapter 5 Risk Management and Insurance 135 When we choose to operate in foreign markets, we have various insurance exposures that we now entertain. This chapter takes a hard look at identifying the various exposures, categorizing them, and offering risk management strategies to eliminate or mitigate. We would not build a facility today without a sprinkler and alarm system as a method of managing the risks of fire and burglary, so why would we build a supply chain in sourcing from overseas suppliers and not build-in risk management and loss control features? This chapter outlines how we reduce the risks and maximize our opportunity for a loss free global supply chain. Insurance Exposures Risk Management Personnel Kidnap and Ransom Property and Liability Contract and Business Relationship Management Marine Cargo · Broker and Insurance Company · Scope of Coverage · Limits · Geographic Limitations · Modes of Transit · Currency · Contingency or Unpaid Vendor Coverage or Difference in Conditions · Duty and Taxes · Terrorism Risk Insurance Act · War Strikes, Riots, and Civil Commotions Political Risk, Receivables, and Export Credit Ten Steps in Managing Political Risk Insurance · Selecting Broker or Underwriter · Service Requirements · Combining Risk · Communication · Contract Review · Political Risk Intelligence · Rates, Terms, Conditions · Export Credit · Loss Control · Claims Procedures Loss Control Management Chapter 6 169 Developing an Inbound Supply Chain Risk Management Strategy With all of the knowledge gained from the prior chapters, it is now apropos to put it into motion and create a "plan of action." The reader will have the specific tools provided for securing a program to reduce risk and create the most competitive environment to make the inbound (import) supply chain work successfully. Developing an Inbound Supply Chain Risk Management Strategy · Spread of Risk · Applying Loss Control to Foreign Partners · Engage Foreign Partner · Exercise Patience · Invest in the Relationship · Managing the International Communication Terms Supply Chain Standard Operating Procedures Technology Options Competitive Advantage Compliance and Security Management Federal Corrupt Practices Act Radio Frequency Identification: Supply Chain Compliance and Security Tool Sarbanes-Oxley Best Practices: Ten Step Management Approach Chapter 7 Closing Remarks Glossary 211 215 Guide to Abbreviations and Acronyms 227 Appendix 233 · Import Regulations Reference Guide · Guidance on Reexports · FDA Enforcement · Tips for New Importers and Exporters · Managing the North American Free Trade Agreement USA/Canada/Mexico · Inbound Customs Manifest Requirements · Outline of Terrorism Act of 2002 · Key to International Web Sites Index 337

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