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 purchasing, 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.
Agenda
Speakers
Lynne W. Wendt,
Wendt & Temples, LLC- Attorney at Wendt & Temples, LLC
- Has 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
Who Should Attend
This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants, and bookkeepers.
