ARCHIVED WEBINAR: Credit Implications for Sourcing from China

"Credit Implications for Sourcing from China"
Archived Webinar from July 28, 2008
Featured Speaker:  Marc Wagman - Smyth Trade Credit



Featured Speaker: Marc Wagman, Managing Partner - Short Term Credit Products, Smyth Trade Credit

Price: $95 (special pricing for multiple registrations from the same company)

Archived Recording From Monday – July 28, 2008

Couldn't attend during the original scheduled time and date?  Register to view the Archived Webinar event (see 'Archived Event Tickets' above.)

Level: Intermediate/Advanced

Who Should Attend?
•  All C-Level executives with responsibilities in China and in global sourcing
•  Any Senior Credit or Purchasing Executive with global oversight
•  All Global Business Development Executives

Speaker's Bio
To view Speaker's background, please click here.

What Attendees Will Learn:
•  Knowing your choices as far as potential payment terms
•  Understanding how Chinese views are evolving vis-à-vis international trade payments
•  How deteriorating credit conditions in the U.S. are impacting the Chinese economy and Chinese suppliers
•  How your company's credit quality can be enhanced to facilitate easier trade

Webinar Content
The world watches while the U.S. economy, particularly the auto sector, reels. Seventy percent of the Gross Domestic Product of The People's Republic of China depends upon exports, the lion's share of which goes to North America. Once naive and uneducated on fundamental issues relating to finance and credit, Chinese credit and financial professionals are becoming savvier and better informed literally by the day. Implications for American companies in the automotive industry are immense, regardless of whether they are OEMs, Tier 1s or the aftermarket. With an estimated 35% of all U.S. automotive companies at or near balance sheet insolvency, American purchasing and logistical managers are more likely than ever to face increasing scrutiny of their employer's credit quality when sourcing overseas.

One can expect Chinese suppliers to begin asking as never before very tough questions of their American customers, publicly-traded and privately held. Queries regarding management competence, available liquidity and how US customers finance themselves will become commonplace among shrewd Chinese partners. How U.S. customers react to and address these concerns will define how the American automobile industry will survive and evolve in the 21st century as the world becomes smaller. American executives need to grasp the gravity of this problem and begin developing tools and strategies to address these issues with potential or existing partners in mainland China as well as the world over.  

GlobalAutoWebinars are one hour in length:  40-45 min presentations with 15-20 min interactive Q&A session with the presenter. 

Unable to attend on the scheduled day and time?  Register to view the recorded event!  For more information, Click Here.

Archived Webinars can be accessed only through paid registration.  Following registration, attendees will be contacted on how to access the recorded event.  Please note:  "Archived Events" use Flash Player - no software download is required to view GlobalAutoWebinars, although minimum system settings and requirements are necessary for viewing (FLASH enabled, speakers or audio headset, etc.)   

Please note that all webinar events are for automotive manufacture suppliers and OEMs only. Select Global Expert guests may also attend at our discretion. If you have any questions whether you or your company is eligible, please contact Pamela Petzak via email at PPetzak@GlobalAutoIndustry.com.

We reserve the right to reschedule or cancel webinars due to unforeseen circumstances. We are not responsible for problems stemming from registrants' organization's hardware or IT settings or services. System compatibility testing with Convene is available as noted above on the webinar registration page – if you have any questions regarding possible incompatibility, please refer to your IT department. Recording/downloading of webinars is strictly prohibited.