Titlebook: Global Purchasing: Reaching for the World; Victor H. Pooler Book 1992 Springer Science+Business Media New York 1992 Customs.USA.complexity

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Meeting U.S. Customs Tariffs and Regulations,All goods imported into the United States are subject to duty or duty-free entry. All imported items are assigned a Harmonized Code number that sets the customs duty to be paid. The amount of duty depends on an items classification and the supplying country of origin.

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U.S. Programs Benefiting the Importing Buyer,Trade policies affect rates of duty charged. Penalties imposed on exporting nations take the form of higher duties that hurt the buyer. In similar fashion, benefits may be given to other nations that give buyers reduced costs. The result is that buying decisions enforce the intended aim to encourage or discourage imports.

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Methods of Payment,“You know we always pay our bills after we get an invoice,” a perplexed buyer exclaimed to another. “But this offshore supplier says it will collect by writing their own check. Hey, what gives?”

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Controlling Global Logistics Costs,Intense global competition requires that purchasing, marketing, and transportation work together to achieve cost efficiency without sacrificing service. The American buyer works with the world’s most efficient domestic transportation system. Service from and to the United States is also quite sophisticated.

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Supplier Relationships,Ethical issues affect supplier relationships. Buyers are custodians of their company’s reputation, and need to resist any impropriety. The buyer must distinguish between what is considered acceptable from what is not. This is not so simple when working with different cultures.

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978-1-4757-5337-0Springer Science+Business Media New York 1992

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Book 1992 available to the global buyer. He or she has an opportunity to view the global economy and understand its financial implications. It contains a working knowledge of import regulations, customs tariffs,_ currency translation issues, hedging, cultural aware- ness applied to negotiations, and logistic

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f benefits available to the global buyer. He or she has an opportunity to view the global economy and understand its financial implications. It contains a working knowledge of import regulations, customs tariffs,_ currency translation issues, hedging, cultural aware- ness applied to negotiations, and logistic978-1-4757-5337-0978-1-4757-5335-6