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

must make sure all that could have been done was in fact ac-

complished. Ensuring that the safety of personnel is a prior-

ity in the risk management process and is in everyone’s best

interest.

Companies that engage in offshore manufacturing are likely to have

purchasing personnel, engineers, operations personnel, and senior man-

agement travel to the countries involved. Often personnel are abroad for

extended times. The exposure is real and should be managed proactively.

Property and Liability

Companies operating in the United States have property

and liability exposures in their buildings, trucks, plants,

warehouses, and so on. If they operate these ...