December 2006
Intermediate to advanced
464 pages
8h 29m
English
book
Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
by Thomas A. Cook
Content preview from Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
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SKILL SETS FOR PURCHASING MANAGERS
Purchasing managers engaged in global sourcing must
have the following skill sets:
• Negotiation skills in numerous cultures
• Basic and in some cases more expanded knowledge of
foreign cultural issues
• Understanding of how to access information on legal,
political, economic, and social factors in various coun-
tries
• Ability to develop partnerships with consultants, attor-
neys, bankers, and accountants with contacts and ex-
pertise in foreign markets
• Understanding of currency conversion, letters of credit,
drafts, and foreign exchange and other international
monetary considerations.
• Knowledge of U.S. and foreign customs regulations,
duty, tax, and value added tax implications
• Ability to select the best partners ...
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