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Content 1. Introduction 2 2.The Strategic Role Of The IPD In Reducing Costs 3 3. The Objectives of The IPD in Making a Decision to Source Oversea 4 4. The Components of the Firm’s International Purchasing Cycle 4 5. The Relationships Between Purchasing and Other Department 5 6. The Contribution of the IPD to the Appraisal of Overseas Suppliers 6 7 The Need for Payment Documentation When Importing Goods 7 8. The Impact of Incoterms For the Price of Imported Goods 8 9. Conclusion 8 10. Reference 9 1. Introduction The report calls for international procurement and supply. This will explain the internal operation of the purchasing department. How to reduce cost, why the report will evaluate the IPD IPD choose purchased overseas, the companys international circulation in the process of the IPD and the relationship between the other departments, such as finance, the relationship between the RD of IPD. In addition to these, the report will analyze how to evaluate suppliers, and the important payment documentation when the company to import goods. Last but not further, Incoterms, it will introduce to the as the FOB, CIF and others. 2.The Strategic Role Of The IPD In Reducing Costs IPD in international procurement and domestic role of IPDs role, as the same is for the purpose of reducing costs. Overall, IPD need to find the right price for the goods and the supplier for the company. So IPD should work with many departments, such as the supply chain in this sector. There are many ways to save costs, one (William and Nancy Young, March 30, 2007) is a very effective way to reduce costs such as centralized procurement. Will focus on the needs of various departments together, the procurement unit can be used as weights to get a better price with a larger quantity discount purchases. After standardization specifications can be obtained vendor standard discounted prices, inventory can be relatively reduced. Thus, administrative cost will be reduced due to the harmonized operational
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