Driving Risk and Spend Out of the Global Supply Chain provides a complete picture of the various risks multinational firms face when they operate overseas and engage in foreign purchasing and sales, import and export trade, and global logistics. Thomas A. Cook, a subject matter expert on global trade management, supplies readers with step-by-step guidance on how to develop an airtight global risk strategy. This second book in The Global Warrior Series presents a blueprint and operational strategy for executives to consider when charged with the responsibility of reducing risks and costs in their global supply chains. The book reviews a number of key factors, including: The key issues that impact risk and spend in all supply chains How to develop effective risk management strategies, tactics, and action plans Managing requests for proposal (RFPs) to achieve desired results with minimal compromise Risk versus insurance and cargo loss control Business model development for a cost reduction program Maintaining best practices while reducing risks and costs Sarbanes-Oxley issues for public companies How to achieve world-class status in international trade The book examines all the areas where spend can be reduced and details a specific strategy to help readers reduce spend without compromising values. Providing the most comprehensive and up-to-date compilation of material and tactics currently available for international business professionals, the text supplies a clear understanding of the steps readers must take before taking any action to reduce risk and spend in their import, export, and domestic supply chain operations.