Global purchasing : how to buy goods and services in foreign markets / Thomas K. Hickman and William M. Hickman, Jr.

Format:

Book

Author/Creator:

Hickman, Thomas K.

Contributor:

Hickman, William M.

Language:

English

Subjects (All):

Purchasing.

Industrial procurement.

International trade.

Physical Description:

xii, 237 pages ; 23 cm

Place of Publication:

Homewood, IL : Business One Irwin, [1992]

Summary:

The strategies of offshore purchasing have changed. New countries have become viable sources, a weak U.S. dollar has altered the ground rules, and quality levels play a much more important role. But a central fact remains the same. Labor-intensive industries need low-cost, overseas work forces to keep production costs down. Global Purchasing takes you through the exciting, but often risky, sourcing process. Using checklists so that important details aren't overlooked, the authors show you how to create a workable plan for shipping, customs, and payment methods. The authors explain how to locate and evaluate foreign suppliers, negotiate the purchase of foreign goods or services, and arrange for their shipment and importation. They detail strategies for profitably managing the global purchasing process while minimizing company risks. Identifying risks and opportunities so you can buy with confidence - even if you have little or no international purchasing experience. Leveraging the impact of democratization in Eastern Europe and the USSR. Global purchasing sounds exotic and chancy. And it can be. But with Global Purchasing as a guide, you can minimize risks. The authors help you avoid common mistakes and take steps to ensure that your efforts are fruitful.

Notes:

Includes bibliographical references.

ISBN:

1556234163

OCLC:

24502436