DPP30053 FUNDAMENTALS OF SUPPLY CHAIN CHAPTER 6

Customs broker is to assists firms with customs paperwork and coordination.

• Yes

• No

................... responsible for enforcing cross-border law and duty collection.

• Customs broker

• Enforcement

• Customs and border protection

• Compliance

Effective communication with suppliers and logistics firms in low-cost countries can be tough due to time zone differences, language barriers, and varying technological capabilities.

• Complex compliance with regulations

• Communication barriers

• Risk of intellectual property theft

• Difficulty in ensuring reliable suppliers

Components with high intellectual property content should be sourced domestically to ensure adequate trade secret protection.

Involves the capabilities of communication systems, energy supply, and production facilities within each region.

Refers to the skill levels, training and wage scales of the workforce, particularly those involved in production.

• Economic conditions

• Political environment

• Infrastructure

• Human capital

Firms with no international strategy only operate within their own country.

This strategy involves regional operations worldwide, without a single main headquarters.

Global operations require consideration of language, cultural differences, and unique national requirements, such as product labelling and environmental standards.

• Transportation

• Operational considerations

• Performance cycle structure

• Information systems integration

Refers to the partnerships with carriers and logistics service providers are essential for global operations.