CM0828 Jan - 08 FebPrague$7125Register

This training programme gives the delegates the overview and introduction of the Global Sourcing and the international contracting specifically structured to notify you to the complications involved when a person has to work and serve in the international arena. The one’s who already know the methods of dealing with such type of complications have brought an exciting, rich and challenging aspect to their professional career and along with it minimized the operational costs for the businesses and companies.

Who Should Attend?

Personnel who can attend this course are:

  • Quality, engineering or related staff responsible for dealing with the suppliers around the world
  • Contracts, purchasing, and projects professionals
  • Maintenance, operations, and supply management professionals
  • Anyone involved in sourcing services or goods out of their country

Course Objectives:

By the end of the course, participants will gain knowledge and skills to:

  • Foreign currency exchange rates: Challenges
  • Protect the interests of your organization by drafting and developing the international contracts and minimize the risk
  • Labour Rates: International
  • Find international suppliers through proper methods: The global sourcing process
  • Methods of selecting the services and items for global sourcing
  • Methods to stay away from the common issues faced in changing suppliers
  • Global sourcing: the distinct approaches and the advantages and disadvantages of each

Course Outline:

Concept of Global Sourcing

  • Organizations Outsource: The Reason behind
  • Going Global: The Reason
  • Penetrate Existing Markets by using global sourcing
  • Process of Global sourcing
  • Labour Rates: International
  • Services for Global Sourcing or the process of selecting items
  • Ethical issues arising from distinct labour or different health and safety standards and risks involved including the different quality standards and the the effect on the local suppliers in your own country

Approaches of Global Sourcing

  • 3rd Parties: In country based
  • Sourcing Agents: Overseas
  • Purchasing Offices: International
  • Directly going
  • Potential Suppliers: Recognition
  • Interest Request at the preliminary level
  • Potential Suppliers: Qualification
  • Tenders: International
  • Dealing With versatile Cultures

The Landed Price: Development

  • Pricing Issues: International
  • Issues relevant to currency
  • Duties (Import)
  • Concept of Transportation
  • Effect on risk and price: INCOTERMS
  • Forwarders and brokers
  • Payment methods and the payment terms

Conditions and the International terms

  • The International Sale Of Goods (CISG): Convention on contracts
  • Conditions and the sources for standard terms
  • The Agreement Clause or the critical integration
  • Penalties/Damages: Liquidated
  • Letters of Credit and bank guarantees and bonds
  • Variations Clauses and the changes
  • Choice Of Law Clauses and the conflict of laws
  • Termination and the suspension
  • Clauses of Acceptance
  • Practices and the contract clauses that Assist In Prevention Of Fraud & Corruption

Concept of resolution of disputes, Negotiations, And Completion

  • Negotiations at the International level
  • Contract Administration: International
  • Performance of obligations: Verification
  • Issues of Warranty
  • Resolution Clauses: Dispute
  • Awards in an international context and the judgements enforcement

General Notes

  • All our courses can be facilitated as Customized In-House Training course.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
  • The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
  • FREE Consultation and Coaching provided during and after the course.
Customized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
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