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Barbara Blouses

In: Business and Management

Submitted By Apio
Words 578
Pages 3
Barbara’s Blouses

1. Among some of the risks that can be avoided by sourcing from overseas instead of domestic are:

a. Difficulty reordering best-selling products much more quickly and efficient;

b. Inability to easily change or customize products from the initial order placed.

c. Different time zones

d. Language and cultural differences

e. Customs regulations and shipment issues.

f. Government tax regulations and trade agreements

g. In-transit natural disasters

h. Government or civil unrest

i. Quality control issues

2. The recent economic downturn has to some extent caused swings in the exchange rates and as a result, foreign currencies are depreciating against the U.S. dollar. Many businesses abroad prefer to transact in U.S. dollars due to its strength. As a result for a business person here it will be a lot easier to specify in contractual agreements the use of U.S. dollars unless the business partner suggest otherwise.

3. The buyers receiving dock should be used for the blouses Barbara’s firm is buying. From the point of shipment up until it’s received, the seller will still have ownership of the title should there be any enforceable events occurring in-transit. Also, the receiving dock will have to do a quality check of all products received and variances should be communicated back to the seller for reimbursement.

4. Barbara can prevent goods they import made by child or prison labor by constantly reviewing the consumer alert reports that has a listing of all products made by child or prison labor. She can also pay a surprise visit to the suppliers manufacturing plant and ask for a business tour within the plant. In addition, Barbara’s organization can adopt the same policy implemented by Levi, The Gap, Guess and many more on the same “No Sweat” policy that ensures that their

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