In the past 30 years, more companies have begun to develop sourcing and purchasing initiatives in foreign markets. Additionally, U.S.-based export sales have grown to their highest levels. What this growth means is increased exposures. Tied into this increase is a general lack of experience for those executives engaged in global trade with understanding international and supply chain risks and providing cost-effective solutions to their companies benefit.This book outlines all the critical issues in understanding global risk management and establishes a workable structure, outline, and action plan for corporate executives as a blueprint to follow.The primary deliverables of the book are:Comprehension of the risks in global supply chainsEnterprise solutionsCost-effective, functional, and hands-on skill set development to manage risk, insurance, and loss control in international operations, purchasing, and salesAddressing the increasing concerns over global security and cybersecurityBusiness people need to understand the psychology of risk more than the mathematics of risk.
