Today’s organization deals with ever-increasing levels of complexity when trading globally. Sourcing suppliers, managing quality, cost, and delivery through the supply chain requires managers to continually sharpen and update their skills to effectively provide the measurable best value for their organization.
Develop cost-effective international vendor sourcing strategies
Develop an awareness of shipping options and cost structures
Construct effective global supply chain management strategies
Develop appropriate risk mitigation and marine insurance strategies
Ensure vendor compliance with international standards & CSR
Take away specific action plans to further develop their role and organizational benefit
Understand the key principles and tools for global supplier sourcing
Learn about vendor auditing and compliance
Recognize the shipping options, insurance, and incoterms
Develop cost-efficient supply chain logistics
Procurement Managers
Purchasing Professionals
Supply Chain Managers
Vendors Relationship Managers
Procurement Professionals
Internatonal Trade Professionals
International trade – aligning strategy to organizational goals
Overview of geographic opportunities by industry sector
Common challenges faced by organizations trading internationally
Vendor sourcing strategies
Cross-cultural communication
Foreign currency strategies (FX)
Managing global supply chains
Constructing effective specifications and vendor positioning statements
Managing quality, cost and delivery
Incoterms
Additional value creation from sourcing
Geographic risk analysis - macro and micro levels
Compliance with global industry standards
Managing Corporate Social responsibility. (CSR)
Vendor auditing strategies and toolkit
Service level agreements (SLA)
International contractual and legal best practice
Overview of shipping cost drivers
Shipping options and impacts - consolidation, part container
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