ISM-Twin Cities, Inc.

Be a Procurement Superpower in Import Compliance – Reduce Cost, Risk, and Delays

This session introduces Procurement and Supply Chain professionals to the essential U.S. customs/import-related obligations and requirements that impact global sourcing activities.  The session will highlight how issues with key import compliance activities (such as HTS classification, country of origin determination, selection of INCOTERMS, customs valuation, and use of special trade programs) can lead to delays, penalties, and unexpected costs. 

Agenda

•        Why import compliance matters for Procurement

•        Core import compliance activities

•        Potential procurement-driven risks when importing

•        Opportunities to optimize costs and avoid delays

•        Case studies: How procurement decisions create or prevent compliance issues

•        Tips & Tricks to Help Procurement & Suppliers Navigate the Challenges

•        Q&A

Who should attend?

This session is designed for Procurement & Supply Chain professionals and leaders who want to better understand import compliance and how you can better understand how to reduce and mitigate cost in this challenging area. This meeting will be a joint meeting with the Midwest Global Trade Association. We are excited to be partnering for the first time with this organization!

Location
Boston Scientific
1 Boston Scientific Way
Maple Grove, MN 55369

This webinar provides knowledge regarding the many benefits that come with being a part of the ISM community. Join us and learn about the essential tools, vibrant community, and exceptional learning that enhances your professional development. You'll also gain insight into the array of programs, services, and resources that are available to you through your membership.

Anirban Basu, MPP, MA, JD, Ph.D., Chairman & CEO of Sage Policy Group, Inc., will kickoff the year and lead the discussion about current economic indicators and provide an insightful forecast that unveils critical supply chain risks. Topics include:

·         Analyzing key factors shaping economic outcomes, including central bank policies, business confidence, and geopolitics.

·         Exploring the intricate relationship between business confidence and economic trajectories.

·         Gaining unique insights into worker attitudes and their impact on economic trends.

These data-driven insights are essential for senior supply chain leaders and executives seeking to steer their organizations strategically. It's also an opportunity to connect with your fellow supply chain leaders and ISM member community.

Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., a Baltimore-based economic and policy consultancy he founded in 2004. He serves the Chief Economist function for many organizations, including the Maryland Bankers Association and Associated Builders and Contractors. The Baltimore Business Journal named him one of the region’s 20 most powerful business leaders in 2010. In 2022, he entered the Daily Record newspaper’s Circle of Influence.  He is the Distinguished Economist in Residence at Goucher College, where he teaches History of Economic Thought. He holds four graduate degrees, including a J.D. and a Ph.D.