Familiarize yourself with trade regulations and the legal issues of international purchasing and supply chain management.
International purchasing fundamentals focuses on the critical issues that must be considered when U.S. companies source products outside of the U.S. Starting with the fundamental issue of finding the right international manufacturer or supplier, the topic continues with supply chain issues that arise after the product is manufactured and must be transported to the U.S. purchaser. It also includes a discussion of financial considerations in international purchas-ing, including defining landed cost, anti-dumping and countervailing duties, and currency exchange. International purchasing fundamentals concludes with an overview of trade regulation (export and import) and other legal issues that all international purchasing and supply chain management professionals will want to familiarize themselves with so as to understand the fundamental differences between domestic procurement and international purchasing.
Learning Objectives
- You will be able to review the pros and cons of international sourcing.
- You will be able to identify how to locate the right manufacture/supplier.
- You will be able to discuss financial considerations.
- You will be able to describe regulatory and legal issues.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
| Sourcing Decisions | |
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| Internation Sourcing Considerations | |
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| Finding Quality Manufacturers | |
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| Transportation | |
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| Supply Chain Management (SCM) | |
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| Financial Considerations | |
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| Regulatory and Legal Issues | |
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
Live Webinar Registration
- CPIM/CFPIM/CSCP 1.0
- This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
- ISM 1.0
- Participants who successfully complete this program will receive 1.0 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
CPE 1.2 including Production 1.2
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Production for 1.2 hours. Prerequisite: basic knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
OnDemand Course
This course was last revised on March 24, 2020.
Call 1-866-352-9540 for further credit information.
- CPIM/CFPIM/CSCP 1.0
- This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
- ISM 1.25
- Participants who successfully complete this program will receive 1.25 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Who should attend?
This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants, and bookkeepers.
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Lynne W. Wendt
Wendt & Temples, LLC
- Represented importers and exporters before U.S. Customs and Border Protection (CBP), and other federal agencies, including the FDA, FTC, CPSC, DOC, EPA, TTB, OFAC, FMC, and the USTR, for over 25 years
- Represented importers in CBP regulatory audits and in developing internal compliance programs to mitigate against regulatory liability for import activities
- Represented importers in conducting internal compliance reviews, making recommendations for policies and procedures, filing prior disclosures, and developing internal compliance programs
- Represented importers in penalty cases and liquidated damages claims to mitigate liability
- Worked with importers to confirm tariff classifications and customs valuation; filed CBP ruling requests on tariff classification, value, USMCA and CAFTA-DR origin determinations, and special merchandise; filed protests to challenge tariff classification and/or value to obtain refunds
- Represented importers in filing Section 232 Steel and Aluminum Exclusion Requests with the U.S. Department of Commerce
- Represented importers in filing Section 301 China Tariff Exclusion Requests with the USTR
- Represented U.S. Customs Brokers in licensing matters and penalty cases before CBP
- Represented U.S. Freight Forwarders (OTIs) in licensing and penalty cases before the FMC
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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