Managing Global Supply and Risk

Due to the profound growth in international trade, the need to pursue global supply and institute risk management practices has never been greater. The globalization of world markets has reconfigured supply networks, causing increasing complexities and challenges in sourcing and risk management. Managing Global Supply and Risk blends three distinct but interrelated topics-international purchasing, global supply management, and global risk management-to present the critical differences between companies that pursue international purchasing and those that have evolved toward a more sophisticated global supply management model. This book covers every aspect of global supply management and details what it takes to pursue supply management at the international level. Each chapter is loaded with critical concepts that supply managers must understand and includes company examples, cases, best practices, and strategies that offer prescriptions for success.Global supply management is a process that proactively integrates and coordinates common items and materials, as well as processes, designs, technologies, and suppliers across worldwide purchasing, engineering, and operating locations. It is a process that could very well provide your organization with its next quantum leap in performance. Managing Global Supply and Risk: Best Practices, Concepts, and Strategies is a must read for every c-level executive and supply chain leader that wants to gain or maintain a competitive advantage during difficult economic periods.Key Features ? Covers the essential elements of international purchasing, the many issues that arise with international logistics, sourcing in emerging and low-cost countries, and the essential elements of developing total cost of ownership models ? Addresses international purchasing for smaller companies, buying services internationally, and the importance of cultural differences ? Shows how to make the business case for global supply management, explains how to develop global supply strategies, identifies the factors that are critical to global success, and presents the characteristics of a world-class global supply organization ? Provides a comprehensive overview and thorough explanation of global supply risk, how to prevent and manage it, and how to leverage supply market intelligence ? Presents detailed cases throughout the text that demonstrate how leading companies are gaining a competitive advantage from their global efforts