Global Sourcing Logistics

by Thomas A. Cook

--How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace

In the 1990’s a revolution took place in international business that would forever change the way corporations operate.  Today, almost every American company is sourcing goods and parts from other countries, and as global markets become more competitive, so does the need to reduce costs and supply products at low prices. 

But while global sourcing comes with more allure, it also comes with more risk.  In a post-911 world, it is more crucial than ever that companies understand the complicated nature of international business, and how to avoid the pitfalls that can cost them millions in fines and legal fees.  Today, a successful company is only as strong as its global supply chain, and understanding the risks involved – and how to minimize them – is the key to ensuring long-term competitiveness.

In Global Sourcing Logistics, international business expert and author Thomas Cook provides a blueprint for navigating the complex challenges of global commerce.

You will discover:

• How to identify the risks of global sourcing – regional politics, customs, local and regional economics, currency issues, and legal and proprietary rights
• How do deal with government agencies and law enforcement including new legislation like the Bio Terrorism Act, the Homeland Security Act, and the Safe Explosives Act
• How to manage political risk by selecting an underwriter or broker, exercising loss control management, and understanding claims procedures
• How to comply with best practices in countries like China, Pakistan and Mexico
• The keys to developing relationships with foreign partners – basic skill sets and guidelines
• How to create a 10-step management approach for best practices
• How to develop a chain risk supply management strategy

Complete with a glossary and a section on international websites, the book also includes an up-to-the-minute Regulations Reference Guide that includes extensive information on crucial topics like Customs Power of Attorney and Export Administration Regulations.  Detailed, timely, and cogent, Global Sourcing Logistics enables all sourcing, supply chain, risk management, and import/export professionals to create a comprehensive program that will ensure competitive advantage while maintaining the bottom line.

Buy For $ 65.00
(10% discount on any order of 2 or more)

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by Thomas A. Cook
with Rennie Alston and Kelly Raia

Before the terrorist attacks that destroyed New York’s World Trade Center in 2001, managing the import/export supply chain was “complicated, convoluted, and difficult” enough, as Tom Cook observes.  Since then, new security and compliance requirements have come into play.  Some of these mandates are still evolving, and some pose special challenges for smaller exporters.  To remain competitive, companies of all sizes must understand the changes, anticipate new directions, and keep the costs of compliance and security in balance.

As a supply chain professional or executive involved in global trade, you can rely on Mastering Import & Export Management to help you:

• Identify the risks – spot potential exposures in new markets, and avoid the major pitfalls of international freight shipments.
• Gain entry into new world markets – determine how you can compete globally, structure an effective export program, and understand distribution logistics and foreign tax considerations.
• Meet sales and service demands – negotiate problems the right way, leverage the benefits of third-party logistics, apply quality control procedures, and control the terms of sale.
• Deal with freight and logistics issues – reduce costs, negotiate better rates, get the best service contracts, and assess the value of using consolidators.
• Handle specialty issues – learn how to ship equipment overseas for temporary use, ship perishable freight safely, evaluate air versus ocean shipping, and deal with strikes.
• Finesse your documentation – utilize INCO terms correctly, avoid documentation obstacles, navigate the demands of the Harmonized Tariff Schedule of the U.S. (HTSUS), Bureau of Industry & Security (BIS), Federal Maritime Commission (FMC), Automated Export System (AES), learn when and how to use the SED.
• Learn about importing if you export only – be prepared to handle returns and repairs, select the right customhouse broker, get familiar with “drawback”.
• Become finance-savvy – identify banking and credit options, and manage letters of credit.
• Control cargo loss – Learn proper packing for transit, minimize losses in transporting bulk liquids, pulp, and paper and understand the variables of containerization, sea, and air shipping.
• Manage risk – Insure against physical, political, and credit risk, learn the liability basics, get more from your marine insurance, and be aware of recently beefed-up air regulations.
• Leverage technology – automate key documentation, track and trace more accurately, and know what to expect from your EDI carrier.
• Understand geographic demands – familiarize yourself with the idiosyncrasies of doing business under NAFTA and in the European Community, Eastern Europe, the former Soviet Union, Russia, Mexico, and Brazil.
• Deploy global staff cost-effectively – develop networking channels, understand the landed cost, and attract quality personnel.
• Obtain export assistance – make the most of such resources as Chambers of Commerce, state governments, world trade centers, commercial banks, and others.
• Gain the benefits of duty-free work areas – explore the possibilities inherent in free trade zones (FTZs) and custom bonded warehouses.

More than 200 pages of sample forms, tariff schedules, and other vital materials enhance this invaluable and authoritative volume.  If you are running an import and/or export operation of any scale, you can’t afford to be without it.

Buy For $ 80.00
(10% discount on any order of 2 or more)

We accept American Express, MasterCard or VISA or check.

Order Now

About the Author

Thomas Cook is a leader in the field of global logistics and international business with over 30 years of experience.  He has written six books and countless articles, and has lectured around the world.  He maintains a senior presence in symposiums, trade venues, and seminars.  He resides in the Hamptons in New York.