DateVenuePrice
| Aug 13 2012 - Aug 24 2012 | London | GBP 3,500 |  |
| Nov 05 2012 - Nov 16 2012 | London | GBP 3,500 | |
Duration: 2 weeks
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Course Overview
Many corporations realize that in order to be successful and competitive, an expanded focus for this area is necessary. However, procurement activities on an international scale have unique considerations of which many of us may not be aware. Discusses several important developments in an effort to broaden our understanding in this area. Although somewhat diverse in nature, the underlying current is that the development of relationships is necessary in the international environment.
Course Objectives
- The 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
Course Outline
- 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
- The culture and language issues
A review of the significant cultural differences and attitudes toward trade and markets
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
*Course fee is not inclusive of VAT