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Driving Risk and Spend Out of the Global Supply Chain [Kõva köide]

(American River International, Melville, New York, USA)
  • Formaat: Hardback, 366 pages, kõrgus x laius: 234x156 mm, kaal: 635 g, 98 Illustrations, black and white
  • Sari: The Global Warrior Series
  • Ilmumisaeg: 18-Sep-2014
  • Kirjastus: CRC Press Inc
  • ISBN-10: 1482226081
  • ISBN-13: 9781482226089
  • Formaat: Hardback, 366 pages, kõrgus x laius: 234x156 mm, kaal: 635 g, 98 Illustrations, black and white
  • Sari: The Global Warrior Series
  • Ilmumisaeg: 18-Sep-2014
  • Kirjastus: CRC Press Inc
  • ISBN-10: 1482226081
  • ISBN-13: 9781482226089
Driving Risk and Spend Out of the Global Supply Chain provides a complete picture of the various risks multinational firms face when they operate overseas and engage in foreign purchasing and sales, import and export trade, and global logistics. Thomas A. Cook, a subject matter expert on global trade management, supplies readers with step-by-step guidance on how to develop an airtight global risk strategy.

This second book in The Global Warrior Series presents a blueprint and operational strategy for executives to consider when charged with the responsibility of reducing risks and costs in their global supply chains. The book reviews a number of key factors, including:





The key issues that impact risk and spend in all supply chains How to develop effective risk management strategies, tactics, and action plans Managing requests for proposal (RFPs) to achieve desired results with minimal compromise Risk versus insurance and cargo loss control Business model development for a cost reduction program Maintaining best practices while reducing risks and costs SarbanesOxley issues for public companies How to achieve world-class status in international trade

The book examines all the areas where spend can be reduced and details a specific strategy to help readers reduce spend without compromising values. Providing the most comprehensive and up-to-date compilation of material and tactics currently available for international business professionals, the text supplies a clear understanding of the steps readers must take before taking any action to reduce risk and spend in their import, export, and domestic supply chain operations.
Preface xv
About the Author xvii
Chapter 1 Overview of Risk and Spend Issues in the Global Supply Chain 1(50)
Overview of Supply Chain Risk
1(2)
Economic
3(3)
Political
6(2)
Contractual and Legal
8(4)
Relationship, Relationship, Relationship
8(1)
Local Legal Counsel
9(1)
Case Study
9(1)
Hiring Legal Support: Some Helpful Hints
10(1)
International Contracts: Helpful Hints and Best Practices
11(1)
Physical (Demographics)
12(2)
Physical Challenges of Global Trade
13(1)
Customer, Supplier, and Vendor
14(1)
Foreign Distributors
15(4)
You Lose Control over Distribution and Sales Price and Margins
15(1)
You Cannot Control How They Represent You in the Countries They Are Distributing To or In
15(1)
Repairs, Service Agreements, and Warranty Handling May Not Be Adequate
16(2)
Potential Issues with Intellectual Property Rights (IPR)
18(1)
Reexport Is a Potential Exposure
18(1)
Resell into the Gray Market Back in the United States or Abroad
19(1)
Logistics
19(7)
Leveraging Logistics Options
22(2)
Reduce Cost with Bonded Warehouses and Foreign Trade Zones
22(1)
Freight Forwarders and Custom House Brokers
23(1)
Managing Transportation Service Providers
24(2)
Trade Compliance
26(8)
Trade Compliance Facilities Reviews
27(7)
Financial
34(16)
Financial Risks in Foreign Exchange
34(3)
How to Export in Foreign Currencies
34(1)
Best Practices to Reduce Risk
35(1)
Characteristics of a Foreign Currency-Denominated Export Sale
35(1)
FX Risk Management Options
35(2)
Methods of Payment in International Trade
37(2)
Letters of Credit
38(1)
Documentary Collections
38(1)
Open Account
38(1)
Consignment
39(1)
Risks
39(7)
Political Risks
39(1)
Currency Inconvertibility
40(1)
Devaluation
41(1)
Incorrect Utilization of Currency and Exchange Rates
41(1)
Risk versus Insurance
42(3)
Characteristics of Export Credit Insurance
45(1)
Overview of Spend
46(6)
Managing Landed Costs
46(4)
Summary
50(1)
Chapter 2 Special Need Supply Chains 51(22)
Industries with Special Needs
51(1)
Defense and Export Controlled Products
52(3)
Failure to Manage the Regulatory Process Proactively
52(1)
Failure to Train All Personnel in the Global Supply Chain from Sales to Purchasing, Operations and Logistics, Supply Chain, Legal, and Finance
53(1)
Failure to Create a Compliant and Secure Logistics Supply Chain
54(1)
Pharmaceuticals
55(2)
Chain of Custody
55(2)
FDA Compliance
57(1)
Communications and Broadcast
57(5)
Carnets Can Reduce Risk and Cost
59(1)
Carnet Utilization
60(2)
Relief Agencies
62(1)
Food Products
63(3)
Case Study
64(2)
Chemicals
66(2)
Project Business
68(1)
Clothing and Retail
69(4)
Chapter 3 Developing a Risk Management Strategy 73(10)
Creating the Necessary Leadership for Risk Management
73(2)
Assigning Ownership
75(1)
Building Internal Teams to Tackle Risk Management as a Corporate Responsibility for Everyone
76(1)
Assessment and Benchmarking
77(3)
Creating Action Plans
80(1)
Strategies in Risk Management
81(1)
Tactics in Risk Management
81(2)
Chapter 4 Summary of Insurance Purchasing for Global Supply Chains 83(24)
Outline of the Risks in Managing Global Supply Chains
83(1)
Property
83(2)
Marine Cargo
85(8)
Geographic Areas Covered
87(1)
Named Insured
87(1)
Modes of Transit Covered
87(1)
Limits of Liability
87(1)
Valuation
88(1)
Underwriting Terms
88(1)
Special Terms
88(1)
War, SRCC Coverage
89(1)
Terrorism
89(1)
Effective Dates
89(1)
Storage/Warehousing
90(1)
Consolidation and Deconsolidation
90(1)
Domestic Transit
91(1)
Interruptions in Transit
91(1)
Exclusions
91(1)
Loss of Market
91(1)
Delay
92(1)
Business Interruption or Consequential Damages
92(1)
War, SRCC
92(1)
Inadequate Packing
92(1)
Cancellation
92(1)
Liability
93(1)
Workers' Compensation
94(1)
Fiduciary
95(6)
Key Risk Management Initiatives in Global Trade
96(2)
Players in Global Supply Chain Risk Management, Brokerage, and Underwriting
96(2)
Key Initiatives
98(3)
Disaster Management
101(6)
Types of Disasters
101(1)
Disaster Prevention
102(1)
Disaster Preparedness
103(1)
Disaster Relief
103(1)
Disaster Recovery
103(1)
Global Supply Chain Disaster Management
103(4)
Chapter 5 Mastering Cargo Loss Control 107(4)
How Do Loss and Damage Occur in International Shipping?
107(2)
Best Practices: A Company's Strategy to Combat Loss and Damage in Global Trade
109(2)
Other Areas That Could Have an Impact on Cargo Outturns
110(1)
Chapter 6 Developing a Cost Reduction Business Model: Creative Leveraging and Aggressive Management Strategies 111(10)
Change Leadership
111(1)
Lead by Example
112(1)
Case Study and Example
113(3)
The Wrong Way
114(1)
The Right Way
114(2)
Utilization of Consultants
116(1)
Areas in Which Spend and Risk Can Be Dealt with Aggressively
117(1)
Dealing with Change Management Issues
118(1)
Moving Theory into Results
119(2)
Chapter 7 World Class, Best Practices, and SOX: While Reducing Risk and Spend 121(12)
Overview
121(1)
Typical Global Supply Chain Scenario
122(3)
Move Freight in a Timely Manner
122(1)
Move Freight Safely
122(1)
Move Freight Cost Effectively
123(1)
Move Freight Securely and Compliantly
123(1)
Senior Management Leadership
124(1)
Experienced Management with Global Trade Experience
125(1)
Utilization of Technology
125(1)
SWOT Analysis Mindset
125(1)
Alignment with Quality Service Providers, Advisors, Channel Partners, and Professional Service Organizations
126(1)
Partner Mentality with Channel Partners
127(1)
Assessment and Benchmarking
127(1)
Industry and Trade Organization Participation
128(1)
International Travel and Relationship Building
128(1)
Connectivity in the Organization with a Global Supply Chain
129(1)
Investing in Skill Set Training
129(1)
Bringing International Culture into the Organization
130(1)
Leveraging Supply Chain Options-FTZ
131(1)
Keeping International Travel and Entertainment Costs in Line
131(1)
Summary
132(1)
Chapter 8 Managing RFPs and RFQs: Maximizing Results 133(20)
What Are RFPs and RFQs?
133(1)
Step 1 Define Stakeholders
134(1)
Step 2 Mine
135(1)
Step 3 Assess Needs
135(1)
Step 4 Define Deliverables (Parameters May Be Required)
136(1)
Step 5 Assign a Committee Approach (Buy-In)
137(1)
Step 6 Create Basic RFP Outline
138(3)
Step 7 Identify Potential Partners Who Will Be Invited In to Bid on the RFP
141(1)
Step 8 Conduct Preliminary Meetings with RFP Participants
142(1)
Step 9 Establish Metrics or Measurement System for the RFP
143(3)
Step 10 Send Out Basic RFP Outline-No Pricing Involved
146(1)
Step 11 Set Dates for Second Meetings with RFP Participants
146(1)
Step 12 Move Participants List to a Manageable Amount
147(1)
Step 13 Bring Price into the Equation
147(1)
Step 14 Move Participants List to One to Three Options
148(1)
Step 15 Set Full-Blown "Dog and Pony" Show
149(1)
Step 16 Make Selection, Implementation Strategy, and Follow-Up Evaluation
150(3)
Implementation Strategy
150(2)
Review Meetings
152(16)
The RFP Committee
152(1)
Chapter 9 Spend Issues: Global Operations, Trade Compliance, and Regulatory Management 153(14)
Trade Compliance Manager
153(2)
Senior Management Support
155(1)
Point Person and Committee
156(1)
Assessment and Benchmarking
157(1)
SOPs
158(1)
Technology
159(2)
Training
161(3)
Engagement
164(3)
Chapter 10 Import and Export Trade Compliance: Risk and Spend Concerns 167(64)
Driving Risk and Spend Out of the Global Supply Chain-Import Perspective
167(1)
Understanding Incoterms® Rules
168(16)
Ultimate Consignee
171(2)
Managing the Import Process r
173(1)
Purchase Order Management
174(2)
Import Invoices
176(1)
Import Compliance
177(1)
Reasonable Care
178(6)
General Questions for All Transactions
179(1)
Questions for Merchandise Description and Tariff Classification
180(4)
Centers of Excellence
184(11)
Managing the Customs Broker Relationship
185(1)
Harmonized Tariff Classification
186(2)
Country of Origin
188(1)
Marking
189(2)
Valuation
191(2)
Importer Security Filing
193(1)
Drawback
194(1)
Record Keeping
195(1)
Driving Risk and Spend Out of the Global Supply Chain-Export Perspective
195(30)
Incoterms
196(2)
Export Compliance
198(2)
Due Diligence
200(2)
Export Licensing and License Exceptions
202(1)
Embargoes
203(4)
Best Practices against Diversion
204(3)
Foreign Trade Regulations
207(4)
Restrictive Trade Practices
211(1)
Examples of Boycott Requests
211(1)
Export Record Keeping
212(1)
Managing Freight Forwarders
212(1)
International Traffic in Arms (ITAR) Regulations
213(1)
Export Control Reform
213(1)
Free Trade Agreements
214(11)
U.S.-Australia Free Trade Agreement
219(1)
U.S.-Bahrain Free Trade Agreement
219(1)
CAFTA-DR-U.S.-Peru Free Trade Agreement
220(1)
U.S.-Chile Free Trade Agreement
220(1)
U.S.-Colombia Trade Promotion Agreement
221(1)
U.S.-Israel Free Trade Agreement
221(1)
U.S.-Jordan Free Trade Agreement
221(1)
U.S.-Korea Free Trade Agreement (KORUS)
222(1)
U.S.-Morocco Free Trade Agreement
222(1)
U.S.-Oman Free Trade Agreement
223(1)
NAFTA (North American Free Trade Agreement)
223(1)
U.S.-Panama Trade Promotion Agreement
224(1)
U.S.-Peru Trade Promotion Agreement
224(1)
U.S.-Singapore Free Trade Agreement
225(1)
Export Red Flags
225(4)
Export Documentation
226(3)
Effective Compliance Management
229(2)
Glossary 231(66)
Resources 297(10)
Appendix 307(28)
Index 335
Thomas A. Cook has been involved in international business and global supply chain management for more than 30 years. He is a graduate of the NYS Merchant Marine Academy with a BS and MS in transportation and business management. He has spent more than six years in the U. S. Naval Reserve and the U. S. Merchant Marines. He founded American River International, a premiere logistics and supply chain management consulting company, in 1982. Last year he stepped down from his position as CEO and managing director and sold his company to existing shareholders.

Cook is a subject matter expert on global trade management, and has published more than 12 books and 300 articles about international business, supply chain management, RFP, negotiation, and world business development. He has sat or currently sits on numerous boards and advisory groups that assist corporations, associations, and industry trade groups in the best practices of running their businesses. He sits or has sat on the board of, or is involved in corporate training with, the following companies: American Management Association (AMA), American Pet Products Association (APPA), Council of Supply Chain Management Professionals (CSCMP), Institute for Supply Management (ISM), and National Association of Purchasing Managers (NAPM), to name a few.

Cook has experience in a number of subjects concerned with general management, including sales, negotiations, customer service, operations, supply chain, logistics, RFP management, business development, and training. He is cofounder of the World Academy, which equips international business executives and operational personnel in supply chain with the skills necessary to operate successfully in global trade.

Currently, Cook is managing director of Blue Tiger International (www.bluetigerintl.com), a management consulting organization focused on international purchasing and RFP enhancements. He is also working on an eight book series entitled The Global Warrior (Taylor & Francis/ CRC Press). Each book gives strategies on the skill sets necessary for the corporate executive of the future to compete in global trade.