Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace

Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace

by Thomas A. Cook
Released December 2006
Publisher(s): AMACOM
ISBN: None

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Book description

More than ever, global sourcing is an economic necessity for companies large and small, and in every industry. But with advantages in price and terms come new risks that businesses must approach effectively lest their supply chain -- and ultimately the whole enterprise -- be undermined.

Global Sourcing Logistics offers businesses a blueprint for creating standard operating procedures for managing the risks of their inbound supply chains. Filled with hands-on solutions to the challenges of global commerce, the book covers:

* reasons to (or not to) source globally
* measuring the risks versus those of other sourcing alternatives
* how to reduce landed costs
* compliance management and new Customs and Homeland Security issues
* insurance, liability, and loss control
* and much more

A must-have resource for all sourcing, supply chain, risk management, and import/export professionals, the book features tools for creating a comprehensive program to ensure competitive advantage while avoiding the pitfalls that can undermine even powerful businesses and seasoned supply chain veterans.

Table of contents

  1. Contents (1/2)
  2. Contents (2/2)
  3. Foreword
  4. Preface
  5. Acknowledgments
  6. Chapter 1 Developing Foreign Sourcing
    1. Overview
    2. Sourcing vs. Outsourcing
    3. Global Purchasing Management 101
      1. Skill Sets for Purchasing Managers
    4. Why Develop Sourcing Options in Foreign Markets?
      1. Locating Manufacturing Sources
      2. Developing Relationships with Foreign Partners Joint Venture, Own, or Contract Out? (1/2)
      3. Developing Relationships with Foreign Partners Joint Venture, Own, or Contract Out? (2/2)
  7. Chapter 2 The Global Sourcing Model
    1. Identifying the Risks of Global Sourcing
      1. Competition for Resources
      2. Lack of Expertise
      3. Force Majeure
      4. Local and Regional Politics
      5. Currency Issues
      6. Local and Regional Economics
      7. Relationships between the United States and Other Countries
      8. Language and Culture
      9. Energy, Communication, and Transportation Infrastructure
      10. Government Posture
      11. Legal and Proprietary Rights
      12. U.S. Customs
      13. The Physical Risks of Transporting Goods from Overseas to the United States
    2. Putting the Risks into Perspective
      1. Cook’s Law of Global Risk
    3. Case Studies
      1. Where Foreign Sourcing Makes Sense
      2. Where Foreign Sourcing Makes Little Sense
    4. Options to Global Sourcing
    5. Foreign Trade Zones
  8. Chapter 3 Landed Costs
    1. Developing Landed Cost Models
      1. Import Landed Cost Matrix
      2. Export Landed Cost Matrix
    2. Integrating Domestic Supply Chain Requirements
    3. Landed Cost AnalysisCase Study
      1. Landed Costs
    4. Reducing Landed Costs
    5. Sourcing from China
      1. Best Practices from PRC China
    6. Transportation and Logistics
      1. Managing Service Providers: Freight Forwarders, Customhouse Brokers, and Carriers
      2. Third Party Logistics
  9. Chapter 4 Post 9/11 and The Affect on Global Purchasing
    1. Post 9/11 Overview
      1. Compliance, Security, and Terrorism
      2. Department of Homeland Security
      3. U.S. Customs and Border Protection
      4. Container Security Initiative
      5. 24 Hour Manifest
      6. Customs-Trade Partnership Against Terrorism
      7. Free and Secure Trade (1/2)
      8. Free and Secure Trade (2/2)
    2. Department of Transportation and the Transportation Security Adminstration: Hazardous Materials
      1. Operation Safe Commerce
    3. Import Management Overview
      1. Importer of Record
      2. Reasonable Care
      3. Supervision and Control
      4. Ultimate Consignee
      5. Power of Attorney
      6. Due Diligence
      7. Record Keeping
      8. Documentation (Invoice) Requirements
      9. Assists
      10. Drawback
      11. Harmonized Tarriff Classification
      12. Imported Product and Origin Markings
      13. Valuation
      14. Duties and Taxes
      15. Customs Ruling Online Research System
      16. Intellectual Property Rights E-Recordation Online System
      17. Automated Customs Environment
    4. Compliance Management: Post 9/11 Environment
      1. How Supply Lines were Affected
      2. The United States Government Reacts
      3. Logistics Costs Escalate
      4. Documentation Detail
      5. Inbound Supply Chains Required Changes
      6. Supplier Qualifications
      7. Compliance Management
    5. Foreign Sourcing Executives and Export
      1. Government Agencies
      2. Automated Export System and Census Bureau
      3. United States Principal Partner of Interest
      4. Export Licensing
      5. Denied Parties
      6. Deemed Exports
      7. Bis Transshipment Country Export Control Initiative
      8. Anti-Boycott Compliance
      9. Department of Treasury
      10. Department of State
  10. Chapter 5 Risk Management and Insurance
    1. Insurance Exposures
    2. Risk Management
    3. Personnel
    4. Kidnap and Ransom
    5. Property and Liability
    6. Contract and Business Relationship Management
    7. Marine Cargo
      1. Broker and Insurance Company
      2. Scope of Coverage
      3. Limits
      4. Geographic Limitations
      5. Modes of Transit
      6. Currency
      7. Contingency or Unpaid Vendor Coverage or Difference in Conditions
      8. Duty and Taxes
      9. Terrorism Risk Insurance Act
      10. War Strikes, Riots, and Civil Commotions
    8. Political Risk, Receivables, and Export Credit (1/3)
    9. Political Risk, Receivables, and Export Credit (2/3)
    10. Political Risk, Receivables, and Export Credit (3/3)
    11. Ten Steps in Managing Political Risk Insurance
      1. Selecting Broker or Underwriter
      2. Service Requirements
      3. Combining Risk
      4. Communication
      5. Contract Review
      6. Political Risk Intelligence
      7. Rates, Terms, Conditions
      8. Export Credit
      9. Loss Control
      10. Claims Procedures
    12. Loss Control Management
  11. Chapter 6 Developing an Inbound Supply Chain Risk Management Strategy
    1. Developing an Inbound Supply Chain Risk Management Strategy
      1. Spread of Risk
      2. Applying Loss Control to Foreign Partners
      3. Engage Foreign Partner
      4. Exercise Patience
      5. Invest in the Relationship
      6. Managing the International Communication Terms (1/2)
      7. Managing the International Communication Terms (2/2)
    2. Supply Chain Standard Operating Procedures
    3. Technology Options
    4. Competitive Advantage
    5. Compliance and Security Management
    6. Federal Corrupt Practices Act
    7. Radio Frequency Identification: Supply Chain Compliance and Security Tool (1/2)
    8. Radio Frequency Identification: Supply Chain Compliance and Security Tool (2/2)
    9. Sarbanes-Oxley
    10. Best Practices: Ten Step Management Approach (1/3)
    11. Best Practices: Ten Step Management Approach (2/3)
    12. Best Practices: Ten Step Management Approach (3/3)
  12. Chapter 7 Closing Remarks
  13. Glossary
    1. A
    2. B
    3. C
    4. D
    5. E
    6. F
    7. G
    8. H
    9. I
    10. J
    11. L
    12. M
    13. N
    14. O
    15. P
    16. R
    17. S
    18. T
    19. U
    20. V
    21. W
    22. Z
  14. Guide to Abbreviations and Acronyms (1/2)
  15. Guide to Abbreviations and Acronyms (2/2)
  16. Appendix
    1. Import Regulations Reference Guide (1/8)
    2. Import Regulations Reference Guide (2/8)
    3. Import Regulations Reference Guide (3/8)
    4. Import Regulations Reference Guide (4/8)
    5. Import Regulations Reference Guide (5/8)
    6. Import Regulations Reference Guide (6/8)
    7. Import Regulations Reference Guide (7/8)
    8. Import Regulations Reference Guide (8/8)
    9. Guidance on Reexports (1/2)
    10. Guidance on Reexports (2/2)
    11. FDA Enforcement
    12. Tips for New Importers and Exporters (1/2)
    13. Tips for New Importers and Exporters (2/2)
    14. Managing the North American Free Trade Agreement USA/Canada/Mexico (1/2)
    15. Managing the North American Free Trade Agreement USA/Canada/Mexico (2/2)
    16. Inbound Customs Manifest Requirements
    17. Outline of Terrorism Act of 2002 (1/2)
    18. Outline of Terrorism Act of 2002 (2/2)
    19. Key to International Web Sites (1/3)
    20. Key to International Web Sites (2/3)
    21. Key to International Web Sites (3/3)
  17. Index
    1. A
    2. B
    3. C (1/2)
    4. C (2/2)
    5. D
    6. E
    7. F
    8. G
    9. H
    10. I (1/2)
    11. I (2/2)
    12. J
    13. K
    14. L
    15. M
    16. N
    17. O
    18. P
    19. Q
    20. R
    21. S
    22. T
    23. U
    24. V
    25. W
    26. Y
    27. Z

Product information

  • Title: Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
  • Author(s): Thomas A. Cook
  • Release date: December 2006
  • Publisher(s): AMACOM
  • ISBN: None