In-Company training for the Supply Chain Professional
International Procurement
Course Objectives
This programme will introduce delegates to the essential principles underpinning international trading.Course Contents
International ProcurementThe changing role of procurement in a globalising world economy
The use of off-shoring and sourcing from Low Cost Countries
The impact on procurement practice
The benefits and risks of international procurement
Trends in the global market
The globalisation of the international supply market
Globalisation of trade in the world
What is happening to different economic regions?
NAFTA, ASEAN, EU, OPEC
The regulatory framework for international procurement
The roles of the WTO and GATT
The effect on the world trade system
The use of international standards
Practicalities of international procurement
Incoterms
What are they?
Why do we need them?
How can we use them?
The culture and language issues
A review of the significant cultural differences and attitudes toward trade and markets
Hofsteds cultural matrix
How different cultures trade
International supply chain issues
The use of agents
Currency
Logistics risk
Legal frameworks
Modes of transport
The role of freight forwarders, import brokers, agents, distributors and overseas representatives
Who Should Attend
Teams of purchasers that are beginning to engage more international supply chains and procurement activities.Duration
A 1-day single manned course.
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