Assessing and Analyzing the Risks of Global Sourcing
Presented by Jeoff Burris, owner and principal of Advanced Purchasing Dynamics
Manufacturing companies can learn how to decrease costs and improve their bottom line by watching Jeoff Burris’ On-Demand Seminar, “Assessing and Analyzing the Risks of Global Sourcing,” produced by GlobalBusinessProfessor.com. In the 25-minute seminar, Burris, owner and principal of Advanced Purchasing Dynamics, presents strategies organizations can use to work with manufacturing companies to save substantial amounts of money in procurement areas by implementing best procurement practices and optimizing purchasing decisions. Burris explores a poor purchasing decision involving cross-country purchases and provides an analysis framework for evaluating currency and inflation risks.
Viewers will gain an understanding of how inflation, productivity and foreign exchange can change the competitiveness of supplier quotes over time, as well as learn which countries provide the least short- and long-term risks when importing to the U.S. Finally, viewers will learn how to analyze risks on a specific sourcing decision. An Excel-based takeaway tool is presented, which can be used for future analysis.
Burris has more than 20 years of specialized experience in manufacturing. He is a purchasing expert who possesses the detailed knowledge necessary to transform an underperforming organization into a world-class leader. Burris has experience leading purchasing staffs at Ford Motor Co., Metaldyne and Intier Automotive Seating.
Click here to listen to the On-Demand Seminar.