Compliance Strategy Goes Beyond Following the Rules

By Peter Liston The difference between basic trade compliance and a comprehensive compliance strategy can be measured in millions of dollars. Basic competency in completing import/export paperwork is just the baseline for entering the international marketplace. Success depends on understanding the markets, legal requirements, and tax implications. Only then can you develop market-specific … [Read more...]

Brexit’s Cascading Impact on Global Trade

By Hannah Kain, President and CEO, ALOM We have all gotten used to simply hitting the “buy” button on a shopping cart and then expect our order to arrive shortly thereafter. We hardly pay any attention to the origin of the shipment, and sometimes we may be surprised to see where it comes from. Businesses and governments have been focused on how to facilitate goods crossing borders with minimal … [Read more...]

Contract administration success is focus of seminar

Often, the biggest barometer of a contact’s success are the post-signing actions of the parties involved, not the words on the document itself. Ensuring it’s all about action, not words is the job of the contract administrator. “Administering Contracts: From Award to Completion,” an ISM Seminar next held July 11-13 in Pittsburgh, is designed to teach administrators the best practices that … [Read more...]

Strategies When Contracting for SaaS Systems

Buying Everything as a Service ISM2016 session on Tuesday, May 17 Presenters: Mark Trowbridge, CPSM, C.P.M., MCIPS, principal, Strategic Procurement Solutions, and Pierre Mitchell, chief research officer and director, Spend Matters and Azul Partners. There are many choices when it comes to SaaS, PaaS and IaaS products, and contracts offered by providers can vary in coverage and fees, the … [Read more...]

Making Outsourcing a Strategy

Insourcing & Outsourcing: Understanding Your Organization’s Core Competencies ISM2016 session on Monday, May 16 Presenter: Lorna Pruitt, senior manager, procurement, for Coca-Cola Outsourcing can be a way to enable your company’s growth and minimize risk, Pruitt says. It also can be a way to gain expertise and capacity. Key takeaways concerning an outsourcing decision: Don’t … [Read more...]

Finding a New Offshore Supplier

By Viet Ho, CPO, Russell Investments Recently, I was tasked with helping a company find an alternative low-cost offshore supplier for IT services. In any consideration for offshore suppliers, there are four key areas during the research and investigation stage where it pays to spend the extra time and effort with each potential supplier: Risk management. How well-equipped is the supplier to … [Read more...]

Vietnam: Should You Consider it for BPO?

It can be tough to find the right country to outsource business processes. You want to avoid any deterioration in service quality while reducing costs. The talent pool in other countries can be either a boon or a detriment, and you need to consider things like long-term viability and how it could be affected by political instability, regulations, or any of a number of factors. Viet Ho, CPO of … [Read more...]