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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• Localized insurance restrictions
• Scope of geographic, political, and economic factors
that influence the risks
• Less control over communication channels and infor-
mation gathering to make the most effective risk man-
agement decisions
Risk managers must ensure that the brokers and under-
writers they engage meet the following criteria in regard to
overseas exposures:
• Have the necessary expertise in risks in the appropriate
geographic areas.
• Have a local presence in the countries of global sourcing.
• Can manage insurance programs on a global scale.
• Have access to legal capabilities in those foreign coun-
tries in which the supply chains operate.
• Have quality personnel in brokerage, underwriting,
claims, loss control, and customer service throughout ...
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