Currency's Impact on Logistics

Thursday, November 3, 2011
CSULB - Foundation Bldg
6300 State University Dr., Rm 204

You may not think that persons in the logistics community are currency traders, but you would be wrong to think so. Come join us at California State Long Beach for an insightful presentation with lunch. The Program will have two segments:

Chris Cole, Managing Director of Artemis Capital Management, will provide intelligence on the current economic environment and how currency markets act and react to global events. Mr. Cole will give an overview of why Import/Export Ratios, the Dollar Dependent Trade Market and Long Term Contracts are important. 

UTi experts Thurso Barendse, Global Vice President, Performance Analytics, Finance, and Ilias Lalousis, Manager, Supply Chain Design & Innovation, will cover the impact of currency changes on some key supply chain factors and decisions.  They will cover basics in transportation including incoterms, credit terms, and why carriers charge in specific currencies.  The presentation will also delve deeper into the impact on sourcing and distribution including import/export differences, duties and taxes, emerging markets and currency restricted countries all of which may affect companies' strategic and/or tactical decisions.

The goal of this event is to gain an understanding of the many effects currency has on the logistics community. The shifts in currency have a big impact on the logistics community, so understanding how currency works and methods for managing it have become vital in today's interconnected global economy.