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Duty Paid ), which requires the seller to bear the risks and costs , including duties , taxes and other charges , to deliver the goods directly to the buyer .
GETTING THE RIGHT HELP
Having expert help from someone who knows the risks and potential landmines that are part of global sourcing is extremely important , says Crupi . Zhang agrees .
Crupi believes that hiring professionals with the required expertise is the best solution to deal with global sourcing on an ongoing basis . It ’ s possible to build in-house expertise by training existing employees , he says , but those employees will make mistakes as they learn , a necessary and unavoidable expense in order to build in-house knowledge . Working with a consultant is an excellent option , but is , in Crupi ’ s view , the
ideal solution to a short-term need . If a company requires help in developing its global sourcing process , for example , using a consultant makes sense .
Zhang , on the other hand , sees the use of third-party global-sourcing service providers as the ongoing , cost-effective approach for companies that want to focus on their core competencies . Outsourcing global sourcing , she says , simplifies the process for such organizations .
Whichever option looks better for your company , it seems clear that the complexities and risks that are characteristic of global sourcing require expert handling . With expertise , risks can be largely managed , complexities mastered . Given the tremendous benefits of sourcing out of country , the costs for expertise – and to cover all of the potential risks that sourcing involves – appear to be well worth paying . pgraphis / Shutterstock . com
HAVE YOU VISITED THE NEW SCMA KNOWLEDGE NETWORK ?!
Visit the new SCMA Knowledge Network , an online community exclusively for SCMA members .
Join your peers as they discuss solutions to supply chain challenges , their views on develop ing issues , and more !
Share your knowledge and the latest developments in the field .
Access is available for all SCMA members .
Visit community . scma . com and login with the same information you use for the SCMA Portal .
SUPPLY CHAIN CANADA • QUARTER 4 2016 • 13