Driving risk and spend out of the global supply chain

 Content: Overview of Risk and Spend Issues in the Global Supply Chain Overview of Supply Chain Risk Economic Political Contractual and Legal      Relationship, Relationship, Relationship      Local Legal Counsel      Case Study      Hiring Legal Support: Some Helpful Hints      International Contracts: Helpful Hints and Best Practices Physical (Demographics)      Physical Challenges of Global Trade Customer, Supplier, and Vendor Foreign Distributors      You Lose Control over Distribution and Sales Price and Margins      You Cannot Control How They Represent You in the Countries They Are Distributing To or In      Repairs, Service Agreements, and Warranty Handling May Not Be Adequate      Potential Issues with Intellectual Property Rights (IPR)      Reexport Is a Potential Exposure      Resell into the Gray Market Back in the United States or Abroad Logistics      Leveraging Logistics Options           Reduce Cost with Bonded Warehouses and Foreign Trade Zones           Freight Forwarders and Custom House Brokers Managing Transportation Service Providers Trade Compliance      Trade Compliance Facilities Reviews Financial      Financial Risks in Foreign Exchange           How to Export in Foreign Currencies           Best Practices to Reduce Risk           Characteristics of a Foreign Currency-Denominated Export Sale           FX Risk Management Options Methods of Payment in International Trade      Letters of Credit      Documentary Collections      Open Account      Consignment Risks      Political Risks      Currency Inconvertibility      Devaluation      Incorrect Utilization of Currency and Exchange Rates      Risk versus Insurance      Characteristics of Export Credit Insurance Overview of Spend      Managing Landed Costs Summary  Special Need Supply Chains Industries with Special Needs Defense and Export Controlled Products      Failure to Manage the Regulatory Process Proactively      Failure to Train All Personnel in the Global Supply Chain from Sales to Purchasing, Operations and Logistics, Supply Chain, Legal, and Finance      Failure to Create a Compliant and Secure Logistics Supply Chain Pharmaceuticals      Chain of Custody      FDA Compliance Communications and Broadcast      Carnets Can Reduce Risk and Cost      Carnet Utilization Relief Agencies Food Products      Case Study Chemicals Project Business Clothing and Retail  Developing a Risk Management Strategy Creating the Necessary Leadership for Risk Management Assigning Ownership Building Internal Teams to Tackle Risk Management as a Corporate Responsibility for Everyone Assessment and Benchmarking Creating Action Plans Strategies in Risk Management Tactics in Risk Management  Summary of Insurance Purchasing for Global Supply Chains Outline of the Risks in Managing Global Supply Chains Property Marine Cargo      Geographic Areas Covered      Named Insured      Modes of Transit Covered      Limits of Liability      Valuation      Underwriting Terms      Special Terms      War, SRCC Coverage      Terrorism      Effective Dates      Storage/Warehousing      Consolidation and Deconsolidation      Domestic Transit      Interruptions in Transit      Exclusions           Loss of Market           Delay           Business Interruption or Consequential Damages           War, SRCC           Inadequate Packing      Cancellation Liability Workers' Compensation Fiduciary      Key Risk Management Initiatives in Global Trade           Players in Global Supply Chain Risk Management, Brokerage, and Underwriting      Key Initiatives Disaster Management      Types of Disasters      Disaster Prevention      Disaster Preparedness      Disaster Relief      Disaster Recovery      Global Supply Chain Disaster Management  Mastering Cargo Loss Control How Do Loss and Damage Occur in International Shipping? Best Practices: A Company's Strategy to Combat Loss and Damage in Global Trade Other Areas That Could Have an Impact on Cargo Outturns  Developing a Cost Reduction Business Model: Creative Leveraging and Aggressive Management Strategies Change Leadership Lead by Example Case Study and Example      The Wrong Way      The Right Way Utilization of Consultants Areas in Which Spend and Risk Can Be Dealt with Aggressively Dealing with Change Management Issues Moving Theory into Results  World Class, Best Practices, and SOX: While Reducing Risk and Spend Overview Typical Global Supply Chain Scenario      Move Freight in a Timely Manner      Move Freight Safely      Move Freight Cost Effectively      Move Freight Securely and Compliantly Senior Management Leadership Experienced Management with Global Trade Experience Utilization of Technology SWOT Analysis Mindset Alignment with Quality Service Providers, Advisors, Channel Partners, and Professional Service Organizations Partner Mentality with Channel Partners Assessment and Benchmarking Industry and Trade Organization Participation International Travel and Relationship Building Connectivity in the Organization with a Global Supply Chain Investing in Skill Set Training Bringing International Culture into the Organization Leveraging Supply Chain Options-FTZ Keeping International Travel and Entertainment Costs in Line Summary  Managing RFPs and RFQs: Maximizing Results What Are RFPs and RFQs? Step 1: Define Stakeholders Step 2: Mine Step 3: Assess Needs Step 4: Define Deliverables (Parameters May Be Required) Step 5: Assign a Committee Approach (Buy-In) Step 6: Create Basic RFP Outline Step 7: Identify Potential Partners Who Will Be Invited In to Bid on the RFP Step 8: Conduct Preliminary Meetings with RFP Participants Step 9: Establish Metrics or Measurement System for the RFP Step 10: Send Out Basic RFP Outline-No Pricing Involved Step 11: Set Dates for Second Meetings with RFP Participants Step 12: Move Participants List to a Manageable Amount Step 13: Bring Price into the Equation Step 14: Move Participants List to One to Three Options Step 15: Set Full-Blown "Dog and Pony" Show Step 16: Make Selection, Implementation Strategy, and Follow-Up Evaluation      Implementation Strategy      Review Meetings           The RFP Committee  Spend Issues: Global Operations, Trade Compliance, and Regulatory Management Trade Compliance Manager Senior Management Support Point Person and Committee Assessment and Benchmarking SOPs Technology Training Engagement  Import and Export Trade Compliance: Risk and Spend Concerns Driving Risk and Spend Out of the Global Supply Chain-Import Perspective      Understanding Incoterms(R) Rules      Ultimate Consignee      Managing the Import Process      Purchase Order Management      Import Invoices      Import Compliance      Reasonable Care           General Questions for All Transactions           Questions for Merchandise Description and Tariff Classification Centers of Excellence      Managing the Customs Broker Relationship      Harmonized Tariff Classification      Country of Origin      Marking      Valuation      Importer Security Filing      Drawback      Record Keeping Driving Risk and Spend Out of the Global Supply Chain-Export Perspective      Incoterms      Export Compliance      Due Diligence      Export Licensing and License Exceptions      Embargoes           Best Practices against Diversion      Foreign Trade Regulations      Restrictive Trade Practices           Examples of Boycott Requests      Export Record Keeping      Managing Freight Forwarders      International Traffic in Arms (ITAR) Regulations      Export Control Reform       Free Trade Agreements           U.S.-Australia Free Trade Agreement           U.S.-Bahrain Free Trade Agreement           CAFTA-DR-U.S.-Peru Free Trade Agreement           U.S.-Chile Free Trade Agreement           U.S.-Colombia Trade Promotion Agreement           U.S.-Israel Free Trade Agreement           U.S.-Jordan Free Trade Agreement           U.S.-Korea Free Trade Agreement (KORUS)           U.S.-Morocco Free Trade Agreement           U.S.-Oman Free Trade Agreement           NAFTA (North American Free Trade Agreement)           U.S.-Panama Trade Promotion Agreement           U.S.-Peru Trade Promotion Agreement           U.S.-Singapore Free Trade Agreement Export Red Flags      Export Documentation Effective Compliance Management  Glossary  Resources  Appendix  Index