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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These questions often indicate problem areas, and these
and many more issues need to be examined in this impor-
tant area. The standard operating procedures (SOPs) of a
U.S. company should be followed by its overseas partners, if
not 100 percent, then at least to a standard deemed
acceptable to the risk management team.
ENGAGING FOREIGN PARTNERS
A company should treat its overseas vendors, factories,
plants, third party contract manufactures, and so on as true
partners in its global supply chain. Overseas entities are of-
ten accommodating in regard to the company’s risk man-
agement strategies. Investing in their operations when it
benefits the company is a good practice. A company can ne-
gotiate what it wants in its purchasing agreements and make
these ...
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