Agenda
Pre-Conference Workshops | Day 1 | Day
2
Pre-Conference
Workshops: June 25th |
5 practical workshops brought
to you by experts from world-renown research companies, including
Archstone Consulting, AMR Research, Booz Allen Hamilton, the
Hackett Group and NAFTA Opportunity Center. Come prepared
with questions – these are thoroughly interactive sessions,
where you can be sure to make your voice heard |
2.30pm
- 3.15pm
Workshop
1:
Low-Cost Country Sourcing 101 |
If you are
still in the process of drawing up your sourcing strategies,
this Workshop is a must. Come and find out how to progress
LCCS from an interesting idea into a solid plan of action.
We’ll take you step by step through the sourcing process
and help you make key decisions about what to source, where
to source it from, and how to get from the drawing board to
the supply chain. You’ll examine:
- The 3 strongest reasons to source from low-cost countries:
direct cost savings, local talent and access to the domestic
market
- How to put a number on the savings you can anticipate
from cost migration
- The best indicators in your particular industry to help
you decide if LCCS is the right decision
- How much it will cost to shift elsewhere – and the
best locations for your business
- Strategies to ensure you achieve smooth, profitable LCC
migration You’ll also leave this Workshop with an
extremely helpful LCCS Starter Kit.
Brad Blonkvist Director
Archstone Consulting |
3.15pm
- 4.00pm
Workshop
2 Global trade compliance issues and their impact on sourcing |
Sourcing products
and components globally is no longer a luxury or even an option
for American companies that need to keep competitive. But
in many cases, sourcing decisions are based solely on finding
low-cost options – and an incomplete understanding of
local cultures and international trade compliance issues that
can make the true cost of acquiring the goods and services
much higher than expected. Attend this Workshop to avoid the
common mistakes made by many of your peers. We’ll deliver
an update on all issues that have a major impact on import
costs and must be considered when you make purchasing decisions:
- How to properly classify and value each merchandise
- Do goods you source actually qualify for preferential
duty treatment under special trade programs including North
American Free Trade Agreement (NAFTA) and other free trade
agreements? Are the proper records available to substantiate
those claims?
- Overview of anti-dumping and countervailing duties
- Other Government Agency standards and admissibility requirements
- The impact on your imports of increased focus on health
and safety issues
- Your Intellectual Property Rights in low-cost countries
Anthony Cambas
is a NAFTA trade specialist who was previously employed
by US Customs as an import specialist. Tony is an
expert on tradematters including CAFTA implementation,
Free Trade Agreement rules of origin, and customs
riskmanagement in Costa Rica, Ecuador, El
Salvador, Guatemala, Honduras,Mexico, Nicaragua,
and Nepal.
Anthony Cambas NAFTA
Trade Specialist NAFTA Opportunity
Center at Bradley University |
| 4.00pm - 4.15pm Coffee Break |
4.15pm
- 5.00pm
Workshop
3:
China Close-up: How much longer will China remain the low-cost
sourcing center of the world? |
Business and
political leaders across the planet coming to terms with China’s
emergence as an economic superpower; China has overtaken America
as the world leader in high-tech competitiveness, according
to Georgia Institute of Technology. Meanwhile, the nature
of Chinese industry is changing, with local companies facing
intense competition, especially in manufacturing, where overcapacity
is relentlessly driving down prices. Domestic and foreign
companies are both acknowledging they need to do things differently.
How will those changes affect your sourcing decisions? This
Workshop will reveal the results of the China Competitiveness
Study 2007 (conducted by The American Chamber of Commerce,
Shanghai and Booz Allen Hamilton) and get you up-to-speed
with current conditions, challenges and key success factors
for manufacturing in China.
- How long will the low-cost approach continue to work for
Chinese companies?
- Is China’s manufacturing competitiveness already
at risk?
- With China increasingly opening its economy to foreign
participation, how can domestic companies develop new –
and sustainable – competitive advantages and how you
can benefit from this trend?
- How to ensure your China operations are neither too sourcing-centric
or too sales-centric
- Discover how you can best leverage the duality of China
as a mega-growth market and a LCCS base
Reid Wilk Senior Executive Advisor Booz
Allen Hamilton |
5.00pm
- 5.45pm
Workshop
4:
6 tried and tested ways to make your LCCS operations more
straightforward |
LCCS has more
complexities than domestic sourcing: cultural differences,
currency, time zones, connectivity, distance, logistic constraints,
language and political instability to name but a few. However,
for businesses that master the issues, the gains of best-in-class
LCCS are huge. AMR Research reports that companies with better
supplier ontime delivery performance hold half the raw material
inventory (17 days vs. 35 days) and have an 8% better perfect
order performance. ThisWorkshop will give you an overview
of key technologies to help you eliminate some of your LCCS
complexities:
- AMR Research’s 6 business-critical components for
successful LCCS
- Systems that store customer-configured products and purchased
part information
- Analytics tools to extract and review essential data –
such as supplier, commodity, location and associated costs
- E-sourcing tools for negotiations and business selection
- Tools for supplier selection and management to improve
your perfect order rate, P2P efficiency and dollars-to-receipt
- Scenario-modeling techniques such as commodity historical,
current and future predictions that help you analyze current
and future industry and economic dynamics, as well as mitigate
risk
- Third-party technology and services that enable you to
reduce business partner and supplier risk and financial
exposure
Mickey North Rizza Director
AMR Research |
5.45
- 6.30pm
Workshop
5:
Business Process Sourcing: Where strategic sourcing meets
outsourcing and offshoring |
Are you making the most profitable decisions
on outsourcing, offshoring and shared service operations?
For most companies, the answer is ‘No’. This session
will show you how to have an earlier and greater impact on
sourcing key processes: internal vs. external; on-shore vs.
near-shore and off-shore. Come and find out why pushing these
vital processes to a low-cost country is often the incorrect
solution.
Pierre Mitchell Director The Hackett
Group |
End
Of Pre-Day Workshops |
Pre-Conference Workshops | Day 1 | Day
2
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Conference
Day 1: June 26th |
8.30am
- 8.40am
Chairman's
Address
Pierre
Mitchell Director The Hackett Group |
8.40am
- 9.10am
Keynote
address:
How to augment labor and environmental laws - new challenges
to LCCS |
|
Sourcing
manufacturing from low-cost geographies is not new or unique
to the IT industry and yet changing times and global requirements
are highlighting some new challenges to sourcing from these
low-cost locations.
In
his presentation Kurt Doelling, Vice President Supply Management,
Worldwide Operations at Sun Microsystems, will focus on these
challenges and discuss how to augment labor and environmental
laws, which are often less strict and often not enforced in
low-cost geography areas. He will also discuss the need
to develop practices that will require companies or customers
to pay for the carbon associated with the manufacture of their
products and why a major shift is needed now rather than later.
Kurt Doelling
leads the development of Sun's worldwide operations
strategy and oversees the entire spectrumof the company's
suppliermanagement activities, from strategy development
to supplier engineering and quality management, and
procurement.
Kurt Doelling
VP Supply Management Sun Microsystems
|
|
9.10am
- 9.40am
Keynote
address:
How
to master the alignment of your offshoring strategy with your
company's business approach
|
Corus is Europe's second largest steel producer with
annual revenues of around £12 billion and a crude steel
production of over 20 million tonnes.
In this presentation you will be able to review the various
changes in global sourcing in the last years from the perspective
of a global company. You
will learn what's been involved, while also discovering:
- How to develop an
adaptive approach to global sourcing
- Strategies that successfully
deploy ‘push' and ‘pull' to manage
- The importance of
governance in driving execution
Richard is head
of Corus Group's Low Cost Country Sourcing activity.Having
previously held a number of management posts across manufacturing,
commercial, supply chain and logistics both within and outside
of the company, he has led the LCCS effort since the beginning
of 2007.
Richard
Young Manager Global Sourcing Corus |
9.40am
- 10.25am
Keynote
Panel Session:
Your chance to ask the experts how LCCS has helped them to
reduce costs and achieve other tangible results. And how to
make an IPO the eyes and ears of your company... |
Come and quiz
our world class procurement experts. People whose first-hand,
up-to-the moment experience of LCCS is second to none, whose
combined wisdom is a valuable resource for you to tap into.
This is your chance to profit from a series of authoritative
– and forthright – insights, along with honest
discussion of common pain points, success stories and lessons
learned.
Joel K.
Ma Product Procurement Manager Hallmark
Richard Young Manager Global Sourcing Corus
Kurt Doelling
VP Supply Management Sun Microsystems
Pierre Mitchell
Director The Hackett Group (Moderator) |
10.25am
- 10.55am
Presentation:
Important information on cost reduction – first-hand from
Microsoft in India |
With indirect
materials and services consumption typically responsible for
60% of a typical procurement spend in many low-cost countries
– and with direct materials cost savings continuing
to dry up – many companies are urgently focused on indirect
materials and services sourcing to stretch the dollar and
provide much-needed savings. Find out how Microsoft has reduced
its indirect materials costs through LCCS and about the internal
and external challenges the procurement team had to face.
Kinnar Ghiya has 14+ years of experience
in global supply chainmanagement – out of which
he has spent the last three years in India. He is
currently responsible for procurement of indirect
goods and services forMicrosoft’s operations
in Asia andmanages a teamof over 40 people spread
across Japan, China, Taiwan, Hong Kong, Singapore,
India, Korea, and Australia.
Kinnar Ghiya Director Procurement Asia Microsoft |
10.55am
- 11.25am
Coffee
break, networking, exhibition |
11.25am
- 12.10pm
Panel
session:
How to get the most out of your LCC suppliers – and how to
overcome business and cultural differences |
- Techniques that enable you to re-evaluate relationships
with your LCC suppliers – and generate additional
cost savings
- How to overcome supplier shortage problems and develop
a sound supply base
- How to increase supplier motivation to deliver high quality
products services on time, every time
- What precaution should you take to prevent today’s
supplier becoming tomorrow’s competitor?
- Identify the most profitable buy-brand-sell suppliers
Gladys Gabriel
Global Director of Purchasing International
Flavors and Fragrance
Marc Ensign Strategic Sourcing Director
Sonoco
Yimei Wong
Manager Global Procurement Trina Solar
Brad Blonkvist
Director Archstone Consulting (Moderator) |
12.10am
-1 .10pm
Lunch,
networking, exhibition |
AROUND
THE WORLD IN JUST A FEW HOURS!
Get
yourself up-to-speed on sourcing in all the key low-cost country
locations in just a few hours. This is your chance to discover
which companies are sourcing from what countries… how fast
the infrastructure is developing in individual regions… latest
economic forecasts… the political outlook… specific cultural
differences you must consider when sourcing… You’ll be briefed
by people who have lived and worked for years in the places
your business is interested in – their local knowledge is
extremely valuable. |
1.10pm
- 1.40pm
1. Focus
on Mexico: The closest solution to home-shoring?
Mexico’s attractions
as a near-shoring market have gained favor among numerous
North American buyers keen to keep their sourcing closer to
hand. In fact, the rationale for Mexico-based sourcing is
clear: many providers are located in border towns, meaning
all significant travel is done in the US. Moreover, time zones
are the same, and account service and interaction can be closely
controlled.
However, sourcing
in Mexico is still not without its problems – intellectual
property rights and piracy remain key issues. That’s
why, in this presentation, you will find out what the Mexican
government is doing in order to improve the legal structure
and security of foreign buyers.
Hector Marquez
has served as a member of Mexico’s negotiation
team under the North American Free Trade Agreement
since 1991, and has also helped negotiate other trade
agreements that Mexico has signed.
Hector Marquez Director
Trade and NAFTA Office Embassy of Mexico |
1.40pm
- 2.10pm
2. Focus
on Latin America: Will Argentina be the next LCCS hotspot?
Findings from a
recent A.T. Kearney study, strongly suggest that near-shore
destinations—particularly Argentina, Brazil, Chile and
Costa Rica—could unseat traditional offshore regions,
such as China and India. The study reports that Latin America
offers business process outsourcing savings of up to 40% compared
to America, which is only slightly less than savings available
in India.
Already manufacturing
hotspots, Latin America is also becoming an outsourcing services
center, with companies like GM, Procter & Gamble, American
Express, and Unilever, shifting to supply sources and service
centers closer to Latin America, while top business process
outsourcing vendors, such as TCS, Infosys and IBM, are setting
up shop in the region.
Argentina is currently
the most attractive region from a cost and skills basis, although
it lags in political and economic stability compared to other
Latin American countries. This presentation zones in on current
economic and sourcing opportunities in Argentina. You will
hear from official Argentinean government representatives,
as well as from a Midwest based company that is successfully
sourcing there.
Julia Pan
Deputy Consul General of the Republic of Argentina
in Chicago
Jaime M.
Rojkind President Argentine Chamber of Commerce
in the Midwest
Julio Gesklin
President & CEO Craftsman Customs Metal |
2.10pm
- 2.40pm
3. Focus
on China: Finest hour – or heading for a fall?
Over the past twenty
years, China has dispatched trade ministers beyond its borders
in an attempt to lure the globe’s biggest manufacturers
to Shanghai and other cities across its vast nation. But now
the emphasis is on call centers, computer programming and
high-tech.
China trends change
very fast, and many sourcing incentives are quickly being
stripped away. For example value-added tax rules have been
scrapped and new labor law rules are heavily in favor of the
employee – hiking costs for large manufacturers and
multinationals. Moreover, the supply of raw materials –
especially steel – is a constant constraint on China’s
growth.
As a result, in
many sectors Chinese manufacturers are no more competitive
than their Western counterparts once transportation costs
are factored in. So, where is China going? Join Siva Yam –
an advisor to the US Federal Reserve Bank of Chicago, president
of the US-China Chamber of Commerce and an investment banker
– who will give you a valuable update on the latest
sourcing trends in China.
Siva Yam President
US-China Chamber of Commerce |
2.40pm
- 3.10pm
Coffee break, networking, exhibition |
3.10pm
- 3.40pm
4. Focus
on South-East Asia: Should you be doing business
in the Philippines?
Leading South-East
Asian nations that feel squeezed by China in the race for
buyers and foreign investment, are fighting back aggressively
to woo foreign firms by slashing red tape, inking free trade
deals, upgrading infrastructure, and offering important incentives
to foreign businesses. The region’s more advanced countries
in the Association of Southeast Asian Nations, also boast
far better legal systems and intellectual property protection
than China can offer – which is why China remains less
successful in attracting high-value investment.
This presentation
will focus on the Philippines, a country with a mature offshore
industry for global IT services – generating an revenues
of $5billion last year… a figure that is forecast to
increase to $13 billion in 2010.
Come and learn more
about the country’s competencies in: business process
outsourcing, knowledge-based offshore work (financial and
accounting, software development, engineering and architectural
design), contact centers, creative e-services and health information
management. You will also find out dos and don’ts of
sourcing in Philippines.
Glenn Penaranda Special
Trade Representative for the Midwest Philippine Trade &
Investment Center ConsulateGeneral
of the Philippines in Chicago |
3.40pm
- 4.30pm
5. Central
& Eastern Europe: Insider knowledge that
can be the difference between failure and
success
One of the obstacles
for American companies in sourcing in Central & Eastern
Europe is that the region is neither politically, economically
nor culturally homogeneous and, although there has been some
convergence as a result of the membership criteria laid down
by the EU, the simple fact is that if you fail to do your
homework you will struggle to realize your objectives.
That’s why
this session brings together a panel of highly experienced
businesspeople who have lived in various Central & Eastern
European countries for many years – and now are ready
to share their insider-knowledge with you. This panel will
focus on Poland, Estonia, Latvia, Hungary, and the Czech Republic.
Lucyna Jaremczuk
Consul Head of Economic Division Consulate
General of Poland in Chicago
Andrus Viirg Director Enterprise
Estonia, Silicon Valley
Uldis Salenieks Counselor of Economic
and Commercial Affairs Commercial Office of the Embassy
of Latvia
Bohuslav Frelich Director CzechInvest
Chicago
Miklos Martin-Kovacs Trade &
Investment Commissioner Hungarian Consulate General
Pierre
Mitchell Director
The Hackett Group (Moderator) |
4.30pm
- 4.50pm
Coffee
break, networking, exhibition |
AFTERNOON
ROUNDTABLES:
BUILD ON THE KNOWLEDGE AND KNOWHOW YOU’VE GAINED DURING THE
GEOGRAPHICAL FOCUS SESSIONS!
FIRST
SESSION: 4.50pm - 5.30pm
SECOND
SESSION: 5.30pm - 6.10pm |
This is a quick
and easy way to further improve your understanding about the
very latest developments in each of the rapidly-evolving low-cost
world regions. Our Roundtable Session are led by influential
industry experts – procurement practitioners who really
know their stuff.
This is a great
time for you to ask questions, benchmark, and exchange views
and experiences with your peers. Each topic group lasts for
fifty minutes and gives you ample opportunity to get the answers
you need, in a highly focused, small group environment.
Pick and mix the
sessions that are most relevant to your current business priorities.
Our experts show you how to:
- Compare wages, infrastructure and supplier capabilities
across different regions
- Assess the strengths – and weaknesses – of
each region for specific industries
- Examine the pros and cons of sourcing in each region
- Update your strategy to accommodate what’s next
on the horizon for sourcing
- Discover if maybe you are only scratching the surface
of your potential savings in low-cost countries
- China (Tom Ren, CTO
and Chairman, AEC Global - a division of AECsoft
USA)
- India
- Central & Eastern Europe
- Latin America (Anthony Cambas NAFTA Trade
Specialist NAFTA Opportunity
Center at Bradley University)
- Mexico (Alan Salter Global Sourcing Manager
Medical & Urological Divisions CR Bard)
- Africa
- South-East Asia (Robert McCullough President
Worldwide Low Cost Sources)
|
|
6.10pm -
7.10pm
Networking
Party: June 26th
Catch up with colleagues
and old friends, meet fellow attendees, speakers and official
representatives from low-cost countries - make important business
contacts!
Drinks and canapes will be served,
and light entertainment will help make the experience casual
and enjoyable. |
Pre-Conference
Workshops | Day 1 | Day
2
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Conference
Day 2: June 27th 2008 |
8.00am
- 8.45am
BREAKFAST
ROUNDTABLES:
Take part in your choice of Industry Specific and Hot Topic
Roundtable Discussions: |
8 INDUSTRY
SPECIFIC ROUNDTABLES
- Apparel
- Automotive (Kirk Eberhart Global Director
of Supply Material Sciences Corporation)
- High-tech and electronics (Daniel Helmig Senior
VP Purchasing Qimonda & Alisha Mowbray VP
Supply Chain Newark Electronics)
- Food and beverages
- Pharmaceutical and health
- Retail (Joseph Youssef Director of Global
Technology, Supplier Management McDonald's)
- Chemicals (Gladys Gabriel Global Director
of Purchasing International Flavors and Fragrance)
- Transport and logistics
6 HOT TOPIC
ROUNDTABLES
- Cultural issues (Alan Salter Global Sourcing
Manager Medical & Urological Divisions CR Bard)
- Political instability (Márcio Lemos Strategic
Sourcing Manager Intel)
- Currency shifts (Marc Ensign Strategic
Sourcing Director Sonoco)
- Trade regulations and tariffs (Anthony Cambas
NAFTA Trade Specialist NAFTA Opportunity
Center at Bradley University)
- Intellectual property risk
- Product security while in transit and in inventory
|
8.45am
- 9.15am
Presentation:
How to make the greenest LCCS choice |
Awareness of
sustainability issues is reaching a tipping point, as businesses
across America put their weight behind the global imperative
to go green. And for many procurement professionals, corporate
CSR policy means it is rapidly becoming non-negotiable to
switch spending to support green.
Join Robert McCullough
who will tell you how furniture manufacturers partner with
suppliers in low-cost countries like Vietnam to reach high
environmental standards of their US-sold products.
You will get an
update on how the green procurement trend is affecting LCCS
and learn what you can do to ‘source green’ in
low-cost countries. You will also learn how to multi-source
factories and countries not only for green procurement but
also to mitigate your other supply chain risks and increase
your competitive edge.
Robert McCullough President
Worldwide Low Cost Sources |
9.15am
- 10.00am
Panel
Session:
Improve the efficiency of LCCS: Organization begins at home!
|
Learn the best
way to coordinate the most efficient and productive LCCS plan.
- Explore the leverage of a cross-functional team that includes
procurement, engineering, supply chain and financial executives
- See how to organize a comprehensive, multi-year program
that makes the migration process most effective
- Choose your best option: the business-unit-by-business
unit approach, or a company-wide top-down strategy?
- Discover the secrets of superior performance levels and
how to determine the optimum balance between cost, logistics
and quality to deliver the best possible overall supply
chain performance
- Secure your business: have an exit plan ready –
and develop an alternative sourcing scenario
- Understand how to use LCCS to press home your competitive
advantage
Alisha Mowbray
VP Supply Chain Newark Electronics
Shariar Shaghafi VP Global Supply
Chain & Materials Operation Novellus
Kirk Eberhart Global Director of
Supply Material Sciences Corporation
Joseph Youssef Director of Global
Technology, Supplier Management McDonald’s
Leslie Madigan Technical Leader
Global Sourcing Team Invitrogen
Robert McCullough
President Worldwide Low Cost Sources (Moderator) |
10.00am
- 10.30am
Presentation:
What financial surprises await you – and your CFO – when you
embark on LCCS? Plus how to talk to your CFO about the global
supply chain using the ‘right’ language and metrics |
A LCCS has
an impact on key Wall Street metrics, including days of inventory
on hand, days payable outstandings, costs of goods, and working
capital requirements. It means you’re better off when
you share some ‘common language’ with your CFO:
- Financial challenges and their impact on your company
and your suppliers when you’re part of an 8,000 mile
supply chain
- Traditional approaches to managing inventory, timing of
taking title and impact of payment terms and their impact
on you and your suppliers
- Innovative supply chain financial tools including reverse
factoring, third party inventory ownership and supplier
platforms that can help you maximize potential savings offered
by lower product prices
Bob Belshaw Senior
VP GE Commercial Finance Trade Distribution
Services |
Coffee
break, networking, exhibition
10.30am
- 11.00am |
11.00am
- 11.30pm
Presentation:
Sourcing in Brazil: The rewards of making your move closer
to home |
The Brazilian
economy is about to get another boost from Intel, whose venture
capital arm is investing a further $50 million in the nation's
business ventures. The chip giant has already put $35 million
of venture funds into Brazilian start-ups, and has stakes
in Digitron, TelecomNet, and Certsign. The latest funding
is earmarked specifically for wireless technology start-ups.
In this presentation you will find out first-hand from a Brazil-based
sourcing professional, how the country is leading the way
in Latin America in building a low-cost supply base. You will
also get insights into marketing services negotiations and
new LCCS opportunities.
Márcio Lemos lives in Sao
Paulo in Brazil and has specialized in supply chain
and managerial costs areas for 21 years. He is Intel’s
Global Strategic Sourcing Manager, supporting marketing
negotiations related to print, design, fulfillment,
merchandise and co-marketing solutions.
Márcio Lemos Strategic Sourcing Manager
Intel |
11.30pm
- 12.00pm
CR
Bard Case Study:
CR Bard: Back to the Future? |
Increasing
logistics costs and updated risk management strategies are
leading more and more American buyers back to the cradle of
global sourcing: Mexico. Doing business with Mexican suppliers
is easier today than it has been in the past. But even so,
some buyers continue to encounter obstacles. Join Alan Salter
to find out how to overcome one of the biggest challenges
of all – finding and managing suppliers in Mexico.
CR Bard manufactures
products that focus on disease state management in
three key areas: vascular, urology and oncology.
Its Mexican manufacturing plant has been established
for almost 30 years.
Alan Salter Global
Sourcing Manager Medical & Urological Divisions CR
Bard |
Lunch,
networking, exhibition
12.00pm
- 1.00pm |
1.00pm
- 1.30pm
Qimonda
Case Study:
Qimonda: How to significantly increase sourcing cycle time
and achieve savings from supplier identification |
Qimonda
operates in North America, China, Malaysia, Portugal and Germany
with roots that connect it to Infineon Technologies and Siemens.
The business has to manage short product cycles of between
two and six months. Introducing low-cost suppliers in the
semiconductor high-tech environment has proved tough in the
past, due to R&D being based mostly in America and Europe
– making purchasing activity and the low-cost supplier ate
up too much time. However, by utilizing LCCS, Qimonda has
been able to reduce sourcing cycle time by over 50%, and achieved
front-loading savings into the bargain. Come and find out
how they did it!
Daniel Helmig Senior
VP Purchasing Qimonda |
1.30pm
- 2.00pm
Invitrogen
Case Study:
Invitrogen: An A – Z of LCCS |
California-based
biotechnology company Invitrogen provides products and services
to pharmaceutical and biotech companies, as well as academic
and government research institutions. Attend this session
for inside-track insights into LCCS: From developing a powerful
sourcing strategy, to choosing locations and suppliers, and
developing performance measurement criteria. It’s business
intelligence you won’t get elsewhere, along with a comprehensive
overview of an end-to-end global supply chain.
Leslie Madigan
has more than 25 years of experience in supply chain
management.
Leslie Madigan Technical
Leader on the Global Sourcing Team Invitrogen |
2.00pm
- 2.30pm
Wrap-up
session:
When low-cost countries prove horribly expensive: Must-have
knowledge that could save you millions of dollars |
This final
presentation will deliver an update on major differences between
trade agreements affecting customs duties: trade promotion
agreements, free trade agreements and standard full duty treatment.
You’ll also find out how such agreements work –
the ‘Rules of Origin’ that are too often forgotten
at one's peril! – and make sure that no matter where
you source your LCCS, everything goes according to plan, because
you have answers to these seven questions:
- Have you taken steps to ensure customs doesn't hold up
your import shipment for marking violations – costing
you thousands of dollars in fines and weeks of delays?
- Have you based your savings plans on taking advantage
of Generalized System of Preferences, the North American
Free Trade Agreement, or other preferential trade programs,
without first getting your supplier’s commitment that
they qualify for them?
- Are your customers counting on your finished goods to
qualify for NAFTA, the Dominican Republic-Central American
Free Trade Agreement, or some other free trade agreement
to be duty-free in Canada,Mexico, or elsewhere?
- Have you considered how outsourcing this part or that
one may affect your ability to offer free trade agreement
qualification on your finished product?
- Do you know whether you have full, partial, or minimal
coverage for loss or damage to your cargo in transit?
- Do you have a risk management plan in case an overseas
vendor is late – or are you risking six-figure expediting
costs?
- Will your new supplier’s packaging hold up through
trucks, railroads, and ocean transit? And does it comply
with the International Standards for Phytosanitary Measures
that state solid wood packing must be destroyed or re-exported
before Customs will allow it into the USA?
John Di Leo
has been a licensed Customs broker since 1987. He
also spent eight years as the transportation manager
at UOP LLC, which followed twenty years with various
international freight forwarders.
John F. Di Leo Import-Export
Compliance Manager Pentair |
END
OF CONFERENCE |
Pre-Conference
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2
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