Compliance In Global Supply Chain

This course is an introduction to the basic legal aspects and regulations, trade restrictions, agreements, terms (International Chamber of Commerce (ICC), Incoterms 2020), and the World Trade Organization (WTO) relevant to managing the logistical aspects of supply chains on an international/global market. Students explore the complexities of international trade such as differences in culture, physical environment, labour supply, politics and business models. The course provides an overview of essential import and export procedures, documentation requirements, measures protecting Canada's border security, and the role of Canada Customs for achieving compliance with regulations and facilitating the successful flow of goods. Students examine risk and apply mitigation tools and strategies to inform supply chain management decisions and comply with laws, regulations, and standards. The course prepares students to lower the probability of the occurrence of risk factors and degree of impact.