This training will help businesses understand important cost and legal compliance considerations for sourcing products and materials.

The training will cover:

• Import costs and compliance: Understand total cost and compliance considerations before purchasing product from overseas. This includes import duties (tariffs) and the legal responsibilities of every company purchasing from overseas.
• Global freight costs: Learn how to determine freight costs and factor the costs into your product or material landing cost.
• Overseas vs. local suppliers: Gain tools to determine if an overseas supplier or domestic product or material supplier makes sense for your business.

The goal of the training is to arm businesses with a checklist to review to help avoid unexpected costs and legal compliance risks.