The events of September 11, 2001, have 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. This comprehensive reference 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 eprocurement 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
WAV offers free 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 — available from the Web Added Value™ Download Resource Center at www.jrosspub.com
About the Author(s)
Michael Assaf, Cynthia Bonincontro & Stephen Johnsen were all international trade experts with Bayer Corporation. Together, they were responsible for over $5 billion in annual international transactions. Michael Assaf has recently moved on to the Lanxess Corporation.
Table of Contents
Introduction: What’s Been Happening? Chapter 1. Importing and Inbound Supply Chain Planning 101 Chapter 2. Operations and Procurement Chapter 3. Transportation in the Post 9/11 Global Procurement Environment Chapter 4. Other Departments That Play an Important Role: The Missing Links in Global Procurement Supply Chain Planning Chapter 5. The Other Government Agencies: The “Other Bureaus in Customs’ Neighborhood” Chapter 6. The Effects on Decision Making Chapter 7. The Money Generator and Compliance Portal Chapter 8. Trade Optimization: Programs That Contribute to a Company’s Bottom Line Chapter 9. The Effects of Heightened Security on the Inbound Supply Chain Chapter 10. Impact on Global Supply Chains Chapter 11. New Technology Chapter 12. The Future Index