Description:

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 FeaturesProvides 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 dutiesExplains 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 costsDiscusses 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 merchandiseCovers 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 systemsReviews compliance with post 9/11 customs and security requirements for global trade and outlines processes and time lines for “ready-to-market” regulated product registrationsWAV 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