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ISM Chemical Group Winter Conference New Orleans. Thomas A. Cook American River International February 2009. Trade Compliance in Global Supply Chains: Structuring a Successful Program. Why even engage in this subject? - PowerPoint PPT Presentation
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ISM Chemical Group Winter Conference New Orleans
Thomas A. Cook American River International February 2009
1ARI 2009
Why even engage in this subject? Government Mandates: Due Diligence, Reasonable Care and Supervision & Control Management Oversight
SOX
2ARI 2009
Trade Compliance in Global Supply Chains: Structuring a Successful Program
Agenda
Eight Step Process
Key Issues related to the Chemical Industry
ARI 2009 3
Eight Step Process
Senior Management Point Person and Committee Information Flow & Benchmarking Point Person … Training Action Plan SOP’s Technology Implementation and Connectivity … Training &
Education
4ARI 2009
Senior Management
No shot without their support Costs and Infrastructure Penalties, Consequences and Benefits SOX
5ARI 2009
Point Person and Committee
Logistics, Supply Chain: Qualified Personnel
Supported by a Committee … crossing all lines in the Organization
6ARI 2009
Regulatory Issues
Where are you at?
Facilities Review
Use of outside consultant or expertise to provide necessary support
7ARI 2009
Information Flow & Benchmarking
Point Person: Training
Wealth of Information Train the Trainer Licensed and Certified www.compliancemaven.com
8ARI 2009
Action Plan
Responsiveness to the BenchmarkingDeveloping Actions
Prioritizing Who will do what by when
Management Tool for Accountability/Responsibility
9ARI 2009
Standard Operating Procedures (SOP’s)
Organizes and standardizes what the company needs to do
Meets government guidelines Mitigates government review and scrutiny Mitigates dependency on key personnel SOX, ISO and other internal business process
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Technology
Reduces opportunity for human error Makes for more efficient systems in global supply chain
logistics and operations Necessary to reduce costs and personnel count Allows global interface of all “connections and parties” in
import and export activities
11ARI 2009
Implementation and Connectivity: Training and Education Execution of the Action Plan Implementation of the SOP’s and new business
process’s Training and Education of all direct and indirect
personnel: purchasing, sales, operations, senior and middle management, finance, legal, etc
12ARI 2009
Current Issues
Since 9/11 … over 109 Regulatory Changes in Global Supply Chains
Chemical Companies - Post 9/11 Commission - Bio-Terrorism Act - ISF (10 + 2) - FDA Prior Notice - International Ship and Port (ISP)
13ARI 2009
Current “Hands-On” Issues AES
USPPI Deemed Exports
FCPA Denied Parties
SOX Wood Packing
CSI 24 Hour Manifest
Focused Assessments: Documentation, HTSUS Classification, Origin, Material Data Safety, and Record Keeping
C-TPAT INCO Terms
ISF TSA Screening
14ARI 2009
Proactive Trade Compliance is a Responsible Path
Risk Management Approach
Follow the Steps … over 370 companies, approximately 20% of Fortune 1000
Benefits: Supply Chain Stays Open, Reduce Threats, Fines and Penalties … More efficient run Global Supply Chain
15ARI 2009
Summary
Speaker Bio and Contact Information
16ARI 2009
Thomas A. Cook
Tom has been involved in Global Trade for over 30 years in the field of supply chain management, logistics and trade compliance.
He has authored over 9 books on International Business … the most recent Managing Global Supply Chains: Compliance, Security and Dealing with Terrorism.
Tom is Managing Director of American River International, a boutique and specialized logistics provider and consultant engaged in global trade management.
Tom can be reached at … 1-800-524-2493 or at [email protected]
