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Alphabet Soup of Duty Management

Gain an understanding of strategies on how to organize your supply chair systematically.

A majority of manufacturers have organized their supply chains on a more ad hoc basis divorced from their core business model. Because importation is a constant moving process, many procurement systems do not 1) obtain and/or maintain up to date information, 2) use we have always done it this way before as their modus operandi, 3) only manage basic risks, 4) do not manage long-term risks, and 5) do not establish a means to minimize exposure to changing business and regulatory environments. This nonstrategic approach can result in the destruction of both gross margin and net profit. This information will provide concrete guidance how to think more strategically about your supply chain, understand supply chain created risks to your business, hedge against business and regulatory risks, and organize your supply chain as a practical strategy to establish and control your gross profit margin.

Runtime: 87 minutes
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Why Lorman?

Over 33 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

Duty Management-Realities-Base Line

Cross Border Supply Chain Pressures Buyer Business Model

Supply Chain Considerations in Overall Business Strategy

Software Tools

Terms and Conditions to Consider

Importer of Record

Business Model

Foreign Trade Zone Deployed Strategies

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More Program Information

Why Lorman?

Over 33 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

OnDemand Course

This course was last revised on May 17, 2019.

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.

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Why Lorman?

Over 33 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

Matthew J. Fairshter, Esquire

Matthew J. Fairshter, Esquire

Invalesco International, LLC

  • Managing partner for Invalesco International, LLC, a boutique advisory firm
  • Practice emphasizes all aspects of international business and international trade
  • Conducts regular seminars and workshops on strategic thinking for manufacturers, distributors, exporters and importers involved in international business/trade
  • Has provided strategic guidance and support to companies seeking to develop and/or execute on growth agendas in the United States, North America, Europe, and Asia, having accomplished more than $15 Billion Dollars in cross border trade.
  • He has provided strategic guidance and support to companies seeking to develop and/or execute on market entries and soft landings, growth agendas, and reorganization programs in North America, United Kingdom, France, Germany, Taiwan, and PRC
  • J.D. degree, University of San Diego School of Law; B.A. degree in political science, with minor in diplomatic history, University of California San Diego
  • Speaks English and has basic competency in German and Spanish
  • Can be contacted at [email protected] or 626-695-1467
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Why Lorman?

Over 33 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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Product ID: 405563
Published 2019
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