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Global Sourcing & Purchasing Post 9/11: New Logistics Compliance Requirements And Best Practices [Hardcover]

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Item description for Global Sourcing & Purchasing Post 9/11: New Logistics Compliance Requirements And Best Practices by Michael Assaf, Cynthia Bonincontro & Stephen Johnsen...

The events of September 11, 2001 forever changed the dynamics of importing or exporting products into the United States. This privilege, which can be revoked for non-compliance, has been made dramatically more complex and expensive by the numerous new rules, regulations, laws and requirements of various agencies. Procurers of foreign merchandise have had to revisit current U.S. Customs' rules and regulations, reevaluate their company's existing import procedures, and consider further stabilizing and strengthening their Customs compliance. Global Sourcing & Purchasing Post 9/11 provides sound and innovative purchasing, logistics and supply chain management techniques for acquiring customers, increasing competitive advantage, reducing costs, and improving end-to-end supply chain performance while ensuring required compliance.

Key Features:

* Provides comprehensive importer and foreign entity guidelines for achieving cost savings, improving delivery turnaround time, securing compliance, building product classifications and optimizing trade for reduced or eliminated duties
* Explains how to set up a purchasing cost analysis program for quick evaluation and obtain cost savings via currency hedging and a forward currency contract, and provides activity-based costing information to help firms manage and benchmark logistics costs
* Discusses various levels of automation, from document imaging to full automation of the compliance process, including how RFID smart labels can improve your supply chain, and presents innovative ways of achieving JIT inventory for imported merchandise
* Covers global e-sourcing systems, applications, processes, and best supply chain practices as well as new electronic procurement standardizations to analyze requirements, identify gaps and improve the interoperability of Internet-based e-procurement systems
* Reviews compliance with post 9/11 customs and security requirements for global trade and outlines processes and time lines for "ready-to-market" regulated product registrations
* Offers downloadable slides that provide a high-level overview of the importance of an integrated logistics compliance system, a U.S. Customs 2005 Harmonized Tariff Schedule and a list of helpful websites for regulatory product information and government forms required for U.S. clearance

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Item Specifications...

Pages   311
Est. Packaging Dimensions:   Length: 0.75" Width: 6.25" Height: 9.25"
Weight:   1.2 lbs.
Binding  Hardcover
Release Date   Oct 15, 2005
Publisher   J. Ross Publishing
ISBN  1932159398  
ISBN13  9781932159394  

Availability  0 units.

More About Michael Assaf, Cynthia Bonincontro & Stephen Johnsen

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Product Categories

1Books > Subjects > Business & Investing > General
2Books > Subjects > Business & Investing > Industries & Professions > Purchasing & Buying
3Books > Subjects > Business & Investing > Management & Leadership > Production & Operations
4Books > Subjects > Business & Investing > Management & Leadership > Systems & Planning
5Books > Subjects > Professional & Technical > Engineering > Industrial, Manufacturing & Operational Syste > Production, Operation & Management

Reviews - What do customers think about Global Sourcing & Purchasing Post 9/11: New Logistics Compliance Requirements And Best Practices?

Highly Recommended for Businesses Interested In Global Sourcing  Mar 27, 2006
This book would be a valuable resource for businesses seeking a good discussion of global sourcing and purchasing issues in today's environment. Written by three authors with significant practical experience in the global sourcing of goods ranging from raw materials to equipment and pharmaceuticals, the authors provide a well-organized examination of the many issues involved in global sourcing and purchasing.

This book has several major strengths. The authors' principal message comes through very clearly: it takes careful planning to make global sourcing a success, especially in the post-9/11 era. The methodology employed by the authors is also very effective-they walk the reader through the issues from the point of view of a typical manager, and provide concrete examples of the issues that the manager will likely face in the importing process.

Of course, compliance and logistical factors in the global sourcing environment are the major focus of the book, especially emphasizing the changed nature of this environment in the post-9/11 world. Individual chapters focus on topics such as transportation, US Customs issues, other U.S. government agency regulations applicable to imports and, of course, the security issues which have received so much attention since the events of 9/11. The book contains a good discussion of these issues and the main players that are involved in each area.

In addition, the authors do a very good job of challenging the manager to think through the involvement of the many internal players in the company -from legal department to marketing-which will have an important role to play if the global sourcing process is to be successful. The book also has a strong focus on controlling the costs and fees through proper planning.

Finally, recommendations are also included regarding methods to ensure that the company's planning and compliance processes remain up to date.

In terms of possible improvements to this book, several of the chapters would benefit by the inclusion of specific references to key internet resources. Several chapters do already include a number of website references, and additional internet sources are listed in material made available through the publisher's website listed at the end of each chapter. However, a more consistent referencing of key websites within the text of each chapter might be a valuable addition.
Definitive Advice for Global Sourcing  Jan 10, 2006
This book is the most comprehensive text I have seen for sourcing professionals, who must deal on a global basis. The authors have used their extensive experiences and offer sound advice on how to cope with all of the changes brought on by the 9-11 events - across a variety of industries. Using many case examples and first-hnd experiences, they describe in a step-by-step manner what is involved in not just getting the best global prices, but how to make certain the goods are shipped in a timely and high quality manner. Moving product across borders has never been easy, but this book offers a current view and solid techniques for optimizing such efforts. It is recommended reading for any buyer seeking global sources without the grief associated with entering into such territory.
A Definitive Work on a Critical Business Topic...  Sep 23, 2005
"The subject of importing or exporting products into the United States is a highly-complex topic, sometimes handed off to outside third-parties to advise and manage. And yet, this area is so fundamental to the well-being of many companies that it deserves to be better understood by your own organization, regardless of whether you employ third-party help or not. Just consider this: failure to comply with the relevant laws and regulations can result in your company's trade privileges being revoked - dramatically affecting your ability to conduct business.

"Global Sourcing and Purchasing Post 9/11 is the definitive work on this subject, covering the topic comprehensively and in an easy-to-understand manner. The authors clearly demonstrate their extensive depth of expertise in this field. This book is a must-read not only for import/export professionals, but also procurement/supply management professionals, and other professionals seeking to understand this complex and vital area."

Robert A. Rudzki
President, Greybeard Advisors LLC

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