Mastering Import & Export Management

684 Pages·2012·11.96 MB·English

MASTERING IMPORT &
EXPORT MANAGEMENT
SECOND EDITION
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MASTERING IMPORT &
EXPORT MANAGEMENT
SECOND EDITION
Thomas A. Cook
with
Rennie Alston and Kelly Raia
• Major Issues in Global Supply Chain Management
• Main Features of the Incoterms䉸 2010
• New TSA Regulations
• Documents, Operations, & Procedures
• Risk Assessment & Mitigation
• Import & Export Management Tools
American Management Association
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Contents
1 Major Issues in Global Supply Chain Management
Today 1
Section One: The Global Supply Chain 37
2 Purchasing Management Skill Sets in Foreign Markets 39
3 Freight, Logistics, and Specialized Transportation Issues
for Import/Export Managers 47
4 Risk Management in International Business 102
5 Technology in Global Trade 132
6 Global Personnel Deployment and Structure 146
7 Developing Resources in the Import/Export Supply
Chain Management 155
8 Essential Overview of Import/Export Compliance and
Security Management: Post 9/11 169
Section Two: Export Operations 185
9 Export Issues 187
10 Export Management: Incoterms, Documentation,
Compliance, Operations, and Export Supply Chain Skill
Sets 200
Section Three: Import Operations 233
11 Future Import Issues 235
12 The Import Supply Chain: Purchasing, Operations,
Documentation, and Compliance Management 252
v
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vi Contents
13 Import Strategies in Maintaining a ‘‘Compliant and
Secure’’ Inbound Supply Chain 268
14 Bureau of Customs and Border Protection: Compliance
and Security Expectations: Post 9/11 275
15 Getting on Top of the Regulatory Challenges of the
Future 280
16 Concluding Remarks 286
Appendix 289
Index 665
American Managememt Association • www.amanet.org
MASTERING IMPORT &
EXPORT MANAGEMENT
SECOND EDITION
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1
Major Issues in Global Supply
Chain Management Today
The book opens with a view of current world events that impact global supply
chains, import and export operations, and the entire responsibilities that business
executives have in trade compliance management.
2011 and into 2012 have seen a number of shifts in world politics, Middle East
stability, and major physical occurrences that have huge short-term impacts on
global trade, and these impacts may extend into the future for years to come.
Overview
Physical Events
The earthquake in Japan has rocked the world in a number of ways. Perhaps most
important, the long-term utilization of nuclear power is very much in jeopardy.
The impact of the devastating tsunami that followed goes far beyond the tragic
loss of life that occurred. The insurance community who insured the risks
involved with both events will have to pay hundreds of million in claims, poten-
tially in excess of several billion dollars. This will impact insurance costs and the
availability of certain types of insurances in risk-prone centers of the globe as well
as for freight that moves on certain trade lanes. Cost and availability will become
major issues.
Personnel involved in international shipping and logistics who had freight
coming in and out of Japan are witnessing great delays in transit times, limited
access to transportation infrastructure, and increases in freight charges.
Shipping managers worldwide have looked at this disaster in Japan and have
already begun to access risk management alternatives not only in earthquake-
prone areas, but in all corners of the globe where there are significant physical
risks such as but not limited to:
• Earthquakes
• Floods
• Tornadoes
• Hurricanes
• Harsh changes from winter to summer weather patterns
• Tsunamis
1
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