by ali6748
Tue Jul 25, 2017 11:34 pm
Apparently same people behind this viewtopic.php?f=34&t=131191
[b]Money mule recruiter[/b]
115 John Street,
Manhattan, NY 10038,
United States of America
Telephone: +1 347 284 6889
E-mail: [email protected]
Christoph K. Wedekind <[email protected]>
Iris Schultes <[email protected]>
----------
1) DOMAIN esco-gmbh.com
WARNING “3 months old domain”
https://whois.icann.org/en
WARNING “HIDING WITH A REGISTRANT IN UKRAINE”
Organization: Hosting Ukraine LLC
Mailing Address: PO Box 65, Kiev Kiev Region 04112 UA
Email: [email protected]
2) Company search on Google shows other companies with similar names.
WARNING “the company ESCO GMBH” doesn´t appear anywhere. No LinkedIn, Twitter, Facebook account.
3) Official Addresses in their website:
Head Office in North America
115 John Street,
Manhattan, NY 10038,
Email : [email protected]
WARNING “THIS BUILDING IS EMPTY NOW. Nobody is in this office”
4) Emails from the company employees show different IPS in different countries (same person).
Lituania, Greece, Russia, etc.
WARNING “They are hiding their ip with a software”
5) Phones are always answered by a recording.
When they called me they sound like a machine voice. Probably hiding their real voices through a software.
6) The jobs they offer in their website are not advertised in ANY job engine such as indeed or others.
I was contacted directly. They said they received my resume from careerbuilder.
7) New York state doesn´t have any company with this name registered.
Linkedin public profiles of the persons that contacted you: Inexistent
9)Phone numbers on file: Answering machine only.
EMAILS
Esco GmbH is a nationwide business equipment lender/trader based in
Europe with more than 15 offices across Europe and Asia. For over 10
years our company has played a prominent role in the sales industry of
premium used machinery, leasing and financing of almost all sorts of
equipment.
We are currently expanding our operations in North America and looking
for motivated Project Managers to join our growing company. We
recognize your commitment to our company by making an equal commitment
to you and your career. And we're excited to hear that you
consider joining the company in its new expansion.
Position Title: Project Manager
Requisition Number: #622/17
Department: Special Projects Department
Location: NY state
Salary: base, $84K per annum (negotiable)
Work Schedule: Full Time
Posted Date: 6/23/17
Expiration Date: 7/14/17
Project Manager will be a lead person between the client and the
vendor. He/She will oversee project management functions, manage the
personnel, vendor relations, facilities and finances of assigned
operations, such as:
- Ensure customer satisfaction in all areas of business including but
not limited to project management, supply chain management, cost and
delivery response time.
- Proactively develop strong customer relations at multiple levels
within the customer organization.
- Coach and mentor Project Management team.
Requirements and Preferred Qualification:
- Bachelor=92s degree in Business Administration/Project Management or a
related field preferred but will consider applicants with equivalent
work-related experience.
- Superb problem solving skills and logical thinking ability.
- Superior verbal and written communication skills, including
facilitation skills.
- Proven ability to deliver the full cycle of project management
accountabilities.
All qualified applicants will receive consideration for employment
without regard to race, color, religion, age, sex, national origin,
disability, sexual orientation, gender identity/expression, or
protected veteran status.
PLEASE ONLY APPLY IF YOU DO NOT NEED SPONSORSHIP TO WORK IN THE UNITED
STATES. WE ARE UNABLE TO CONSIDER CANDIDATES WHO REQUIRE SPONSORSHIP.
Do not hesitate to contact our HR Team Mon through Fri (9 AM - 4 PM
ET) at (347) 395 4834.
If you are interested, please, submit a request for more information,
including full job description, link to the web-site and additional
instructions.
Best regards,
Ms. Iris Schultes
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
---
I am reaching you out concerning the Project Manager position you've
applied for XX. Your Application Survey submitted
through the web-site has been considered and we are ready to move
further.
Face-to-face interviews are currently being held in Manhattan, NY so
we would like to schedule a telephone interview with you.
No worries, an in-person interview will take place once we establish
office in your area. A standard telephone interview will take about
5-10 minutes of your time. The questions asked are standard pre
prepared ones that require full and honest answers, there is little to
concern you.
Listed below are a few tips to look at before the interview is
scheduled:
- Concentration on the questions asked is imperative as the responses
you give to them need to be delivered in a coherent, intelligent and
professional manner.
- Please ensure that you will not be disturbed during the interview,
make yourself comfortable and relaxed.
- If your work or something else is likely to interrupt the
interview then please reschedule.
- Should the room in which you choose to take the call has a
television or stereo etc, please turn them off and likewise with call
waiting if you use it.
- Eliminate any distractions.
- In the event that the telephone connection becomes an issue please
do not hesitate to ask for a repeat of the question or in the worst
case request a return call.
- As the interview is based upon pre prepared questions any that you
may have with regards to the position will be dealt with at a later
date and on another scheduled call.
Please, see below available dates and time frames for the upcoming
interviews:
Please contact us if you have any questions.
Have a good day!
-----
Let me start by introducing myself. My name is Chris Wedekind. I work
at Esco GmbH as a Senior Regional Manager.
It is my task to guide you through the on-line processes during your
month long probation period. All materials and instructions will
be submitted via e-mail and I will provide you with feedback and a
score as we proceed.
Rest assured, as the month continues I will provide all the tips and
guidance to help you succeed. I will endeavor to call some time next
week so we can become accustomed to one another. At other times I am
available via email, my daily working hours are the standard 9:00 –
5:00 PM ET. However, I ask you to note that telephone contact can only
be made by prearranged appointment. The reason for this is due to the
U.S. Division is currently overloaded with work and therefore it is
difficult to respond to all calls.
For your reference to the probation please find listed below the
main aspects of the program:
- Probationary period will last one month (4 weeks);
- Probation salary will be paid at the completion of the month;
- There will be no charge to yourself for guides, materials or
manuals;
- Probation will be home based;
- Probation will require 2-3 hours a day of your time with flexible
shift;
- There is no requirement to resign your current position in order
to start the probation period as successful candidates will only be
offered a position;
- Successful completion of the probation guarantees you full-time
employment.
Regarding the attachment, please carefully review the agreement as
it covers the one month of paid on-line probation. It is a
requirement to sign the last page of the document prior to
commencement of the probationary period.
Successful completion of the probation will result in the offer of
full time employment. Please, be aware that during this period all
reporting will be through the NY office and will be processed
remotely. The proposed office in your local area will be opening soon.
City/State: NYC, NY
Address: 115 John St.
Office capacity: 50 employees
NEXT STEP
1. Review the Employment Agreement and ensure your details are
correct, should this not be the case do not hesitate to ask for a
revised copy.
2. The final page of the document requires signing, therefore this the
only page that will need to be printed. Sign, scan (or take a
picture) and email as an attachment to my email address. Faxed copies
will not be accepted due to issues of clarity. Signed documents will
not be accepted through the postal service due to the volume of mail
received on a daily basis.
3. Upon receipt of the signed document we proceed to the next step in
the process.
START DATE
1. It is usual that 3 groups per week are launched, Monday,
Wednesday and Friday.
2. At the moment we have an opening with a group starting on
XXX
3. If this date is suitable, please confirm along with your signed
document, if not then an alternative date will be proposed.
Do not hesitate to contact me should you have any further questions.
--
Best regards,
Mr. Christoph K. Wedekind
Senior Regional Manager
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
_________________________________________________________
The information contained in this electronic message and any
attachments to this message are intended for the exclusive use of the
addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended recipient, you should not
disseminate, distribute or copy this e-mail. Please notify the sender
immediately and destroy all copies of this message and any
attachments.
-----
EMPLOYMENT AGREEMENT
This agreement, made and entered into on XX by and between:
1. Esco GmbH (represented by Simon Tuft, Head of Human Resources Department),
having its business address at
115 John Street, Manhattan, NY 10038
(Hereinafter referred to as Esco GmbH The Company
AND
2. Name: XX
(Hereinafter Candidate
together, the Parties and each a Party
This agreement, together with the attached annexures, will form the basis of the Candidate
engagement by Esco GmbH.
Whereas:
A. The Candidate is a person seeking employment with the Company.
B. In terms of the Company candidates under consideration
for employment are required to undergo a period of paid probation at the Company
prior to being considered for full time employment. Said period of probation to be for
One (1) calendar month.
C. The Candidate is agreeable to undergoing said period of probation prior to applying
for full time employment.
Both Parties hereby agree as follows:
1. Probationary period
According to the terms of this agreement, Esco GmbH will engage the Candidate in the
position of Project Manager on a fixed term (one month) contract. Subject to Clause 6 below,
the Candidate should have no expectation of the probationary period continuing beyond the
termination date, whether by way of an extension or renewal of this agreement.
2. Independent Contractor
For the purposes of this agreement, the Candidate is deemed to be, and shall be, an
Independent Contractor during the period of probation. Both parties expressly acknowledge
that nothing in this agreement shall make the Candidate an employee of the company for the
duration of the probationary period.
3. Duties and Responsibilities
During the month of probationary period, the Candidate will be required to undergo all
trainings required of him or her by the Company. Such trainings will be provided by the
Company at its own cost and may include online classes, webinars and other activities set out
by the Company.
The duties of the Candidate shall include, but are not limited to:
The development and writing of case studies as required by the Company.
Undertaking negotiations with distributors and customers of the Company.
Undertaking and completion of case materials assigned to him or her daily.
Taking part in on-line webinars.
4. Compensation and Terms of the probationary period
4.1. Compensation
At the end of the month of probationary period, the Candidate will receive $2,000 (Two
Thousand United States Dollars) as compensation, payable by check or by direct deposit into
the Candidate s nominated bank account.
The Candidate may earn additional income in the form of commissions when he or she
successfully executes projects assigned to him or her, including successful execution of
purchase orders assigned by the Company.
All income and compensation received by the Candidate in terms of this section are subject to
tax deductions in the United States. In terms of Clause 2 above which sets out the terms of
the Candidate the company, the Candidate shall be solely responsible for
ensuring that all required taxes are paid to the IRS. The Company will provide the necessary
1099 forms to enable the Candidate report his or her income and pay the taxes.
4.2. Hours of Work
The company offers flexible shift during one month of probationary period and the Candidate
can select the most suitable shift for herself/himself. Hours are not regulated by the company.
4.3. Other employment
Nothing in this agreement shall preclude the Candidate from doing work for his or her own
account or for any other employer during the probationary period.
4.4. Non-Disclosure of Trade Secrets, Customer Lists and Other Proprietary
Information
The Candidate is expected to exercise decorum in the conduct of his probationary period at
Esco GmbH. In particular, the Candidate may not post any information about the company
online, on social media or any other forum. The Candidate expressly agrees not to use,
disclose or communicate, in any manner, proprietary information about the company, its
operations, clientele, or any other proprietary information, that relate to the business of the
Company. This includes, but is not limited to, the names of the Company
marketing strategies, operations, or any other information of any kind which would be
deemed confidential or proprietary information of Employer.
The Candidate understands and that any breach of this provision, is a material breach of this
Agreement.
4.5. Guidance during probationary period
During the probationary period, the Candidate will be provided with an English-speaking
member of staff who will guide the Candidate through the process of completing the
probationary period passing all tests. The Candidate is expected to coordinate his or her work
with the designated member of staff and agree with the staff on a plan for receiving and
returning assignments.
4.6. Expense Reimbursement
All expenses authorized and reasonably incurred by the Candidate in the performance of the
functions and duties under this Agreement will be reimbursed by the company at the end of
the Probation. In order to receive reimbursement, the Candidate must provide the company
with an itemized account of all expenditures, along with suitable receipts in a timely manner.
The Candidate must obtain prior written authorization for any expenditure over the sum of
$150.00.
4.7. Intellectual Property
The Candidate assigns to the employer with full title guarantee, any Intellectual Property
Rights arising during the course of her/his employment. Products, records, documents,
inventions and discoveries made while working are the property of the company. The
Candidate is expected to comply with policies regarding inventions and
copyrights regardless of the work location or whether work was performed on equipment
owned by the company or the Candidate.
4.8. Conflict of Interest
Except as Esco GmbH shall otherwise specifically agree in writing, the Candidate will not
engage directly or indirectly in any activities which are or are likely to be in conflict with the
interests or where this may adversely affect the performance of the agreed
services.
5. Termination of the contract
Either party may terminate this contract without cause by providing to the other party, two (2)
written notice of intention to terminate or a pro rata sum of the compensation amount
set out in Clause 4.1 above. Notice may be given on any working day.
The Company may summarily terminate the contract for any reasons justifiable by law,
including conduct, capacity, and operational requirements. Specifically, the company may
summarily terminate the contract in the event that the Candidate is found to have broken
, shared privileged information about the
business or breached the provisions of Clauses 4.4 and 4.5 above.
6. Full Time Employment
At the end of the probationary period, the Candidate may apply for full time employment as a
Project Manager with the Company. Where the Company offers such full time employment
to the Candidate at the end of the probation, that employment shall be governed by a separate
contract which will be entered into by the parties. Also, the Candidate must sign the
Employment Offer Letter prior the acceptance of the position (Offer Letter will be supplied
upon completion of the probationary period).
Terms of full time employment
In order to be eligible to apply for the full time position as Project Manager, the Candidate
must successfully pass the probationary period with an average score of B+.
The base salary attached to full time position of Project Manager shall be $84,000 (Eighty
Four Thousand United States Dollars) per annum, payable on a monthly basis in 12 equal
instalments of $7,000.00 (Seven Thousand United States Dollars and Zero cents). This salary
will be subject to normal Federal income and Social Security taxes and deductions as well as
all State or local taxes now applicable or that may become applicable to Employee or
Employer in the future.
Upon employment or the employee will be eligible for coverage under
Insurance plan (#8210 Corporate Insurance). The Company will provide [health, dental,
vision, disability, life other] insurance benefits the terms of which will be fully set out in the
contract of employment.
7. Entire Agreement
This agreement contains the entire agreement between the parties, superseding in all respects
any and all prior oral or written agreements or understandings between the parties pertaining
to the probationary period and/or any full time employment, and shall be amended or
modified only by written instrument signed by both of the parties hereto.
8. Severability
The parties hereto agree that in the event any article or part thereof of this agreement is held
to be unenforceable or invalid then said article or part shall be struck and all remaining
provision shall remain in full force and effect.
9. Settlement of disputes
Both parties agree to endeavour to settle amicably any disputes arising from the execution or
interpretation of this agreement. In the absence of an amicable settlement, any dispute arising
out of and in connection with this agreement shall be referred to and finally resolved by an
arbitrator agreed by the parties.
--
Hopefully I find you well. Today is your first day of probation.
During the next 30 days I will be supervising your progress therefore
all and any questions will be dealt with directly through me.
My on-line availability for assistance is between the hours of 9:00 –
5:00 PM ET. I shall endeavor to respond in a timely manner even in
the event of being in a meeting.
Due to the planned number of daily meetings, telephone calls will be
problematic, in the event of something occurring that cannot be
cleared through email then a mutually specific time for a telephone
call can be scheduled.
The following is a brief account of the first week of probationary
schedule:
1) There will be 5 cases total, these will be submitted daily.
2) The first case will need to be returned for grading at HQ before
the next is sent and so on. Cases are required to be submitted by
12:00 PM ET the following day, there are exceptions of course,
Fridays and the day before Holidays.
3) Once you have received a case please confirm receipt, save it to
your computer and complete at a convenient moment.
4) Cases will be submitted in a PDF format and it is essential that it
is returned in Word format as the only information required by return
are the questions and answers.
5) The company plans on recruiting up to 50 managers from all over the
country and they will be completing probation program along with you.
In order to avoid a loss of information, we suggest tagging your
reports in a specific way, for example; your first name, first
letter of last name and case number (e.g. SteveS.Case#1 or
SteveS.Case1).
6) During working hours I will confirm the receipt of your reports,
however, should you not hear within 24 hours, it means that your
report has not been received, so please make sure they are submitted
in time.
7) All materials will be sent before 12:00 PM ET and be aware that
we are on east coast, which means that cases submitted at 12:00 MT, CT
or PT will be considered failed.
Probation is considered to be completed only when you have
completed all cases and took part in all webinars. If a candidate
decides mid term to withdraw himself or herself from the program, he
or she will no longer be considered as an employee and will not be
paid for probation.
Case #1 is attached. Please, confirm the receipt and commence work at
your convenience.
--
Best regards,
Mr. Christoph K. Wedekind
Senior Regional Manager
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
_________________________________________________________
The information contained in this electronic message and any
attachments to this message are intended for the exclusive use of the
addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended recipient, you should not
disseminate, distribute or copy this e-mail. Please notify the sender
immediately and destroy all copies of this message and any
attachments.
-----
LEARNING OBJECTIVES
1 – Describe main terms of Supply Chain Management in organization.
2 – Give the definition to Supply Chain Manager and describe the main duties of the manager.
3 – Describe how we evaluate success in Supply Chain Management.
The Supply Chain Management (SCM) is affected by the type of organization in that uses it for managing its business operations and how the organization is structured to manage its business operations.
Supply Chain Management in Organization
Supply chain management is a process that helps an organization in managing the downstream and upstream flow of finances, information, services and goods, which includes the storage and movement of finished goods, work-in-process inventory, and raw materials from production point to consumption point. Interlinked or interconnected channels and networks of businesses are involved in the stipulation of goods and services, which are essential for end consumers in a supply chain process.
SCM is also known as a process that looks after the planning, design, execution, monitoring and control of supply chain activities, which are aligned with organizational objectives: to build a competitive organizational infrastructure; to create net value; to synchronize supply and demand; to leverage global logistics; and, to measure organizational performance according to the global standards.
Supply chain management is heavily used in the areas of logistics, operations management, information technology, and procurement; it encourages strong integration among these organizational areas to enhance organizational performance.
An organization can develop an effective strategic coordination among its business functions through supply chain management, which is important for accomplishing broader business goals. Capacity management and planning are some of the critical concepts provided by SCM, which are helping organizations in planning of their production and storage capacity.
The study of SCM and the shift from production and operations management was started in the last 1980s. Nevertheless, it was not until the mid-1990s that the research over supply chain management started seriously. It was the time, when organizations started looking more intimately at their supply chains as a method to reduce expenses.
The procurement process had a more transactional approach in the 1980s, as at that time the buyer for an organization was mainly looking for gaining price leverage over a supplier. That approach was more about getting the lowest possible price for the product or service by only concentrating on the transactional benefit that each party would gain. In such type of transaction there was no value added activities that a buyer was engaged in with the supplier, which never encouraged strong relationship among the suppliers and buyers. The importance of building relationships between the supplier and buyer started to emerge in the late 1990s. This change occurred mainly due to the reason that the organizations were no longer competing domestically or regionally, they were competing globally.
The swift increase in globalization and information technology required organizations to develop and control their relationships with their supply chains in order to endure in the current dynamic business environment. This was the time when the change from production and operations management to SCM was observed and also the organizations began to become actively involved with both their upstream and downstream companies effectively. Out of the evolution of supply chain management the focus on strategic alliances and strategic sourcing started to gain momentum.
Strategic sourcing is a collaborative approach that continuously re-evaluates and improves the buying activities of an organization, while strategic alliances are long-term relationships with suppliers and customers formed with an intention to influence the operational and strategic efficiencies of both organizations. Strategic alliances push an organization away from its normal transactional method of buying raw materials to building a strong relationship with the suppliers as the collaborative strategies finalized. Therefore, to be successful in this ever changing business environment and to deal with the growing competition organizations should focus on implementation of effective supply chain management practices.
Duties of Supply Chain Manager
The supply chain managers have a great impact on the organization’s success, as these managers are involved in almost all the facets of the business process, which deals with planning, buying, producing, transporting, storing & distributing, serving customer and much more.
The supply chain manager is the key person, who is responsible to look after the upstream and downstream flow of goods and services in an organization. These managers are involved in designing and implementation of strategies and policies that could help in developing strong connection among the various parts of an organization. The performance of an organization in terms of increase in sales, maximized profits and controlled expenditure can be effectively managed by improving the supply chains, which is only possible if the supply chain managers are skilled and experienced to that level.
Generally, organizations with flat organizational structure have better supply chain activities than the organizations based on tall organizational structure. This is mainly due to high collaborative activities, improved communication and performance. The supply chain manager normally reports to the regional project managers in flat organizations and the regional manager is responsible to manage a team of regional managers, who look after the business regions in which the organization is running business. The responsibility of a supply chain manager is comparatively less in flat organization than tall organization, as he/she has to look after less or no hierarchal levels.
Supply chain manager guides the regional project manager about the internal position of the company such as finished goods on hand and work-in-process goods that facilitates in managing and improving the demand and supply area i.e. managed by a team of regional managers effectively. Flat organization structure generally promotes decentralized decision making process, which encourages higher level of employee involvement. It is the duty of a supply chain manager to maintain effective communication among the various organizational units and keep on providing feedback to the regional project manager, so that they could manage the external business activities effectively. The supply chain managers should have an ability to choose the right collaborative strategy, which is essential to make sure that the supply chain partners are on a path that creates the premium business practices.
Success Evaluation in Supply Chain Management
Supply chain managers have faced huge uncertainty related to workable framework and concepts that are available for the development of SCM practices and that could be easily understood, measured and implemented. It is the supply chain management that helps an organization in managing its various business functions in an effective way. Organizations face critical challenges due to the competing interests related to climate change, ethical energy consumption and demand for greater transparency that affects the day-to-day business operations.
Supply chain management practices have provided greater level of strength to organizations in controlling and managing business risks.
The success of supply chain management can be evaluated through the level of success an organization has attained with its implementation. If an organization was able to maximize its sales, attain higher profits or control its expenditure, it clearly indicates the success of SCM.
These days, organizations are considering effective supply chains essential to compete in the networked economy and global market, as it helps in managing growing customers demands effectively and at the same time it reduces the managerial control over the daily logistics operations. The effectiveness of supply chain management can be observed in an organization; if there is less control and more supply chain associates. SCM is a process that improves collaboration and trust among supply chain associates, which ultimately improves the velocity of inventory flow (upstream and downstream) and inventory visibility.
Customer relationship management, Order fulfillment, Customer service management, Manufacturing flow management, demand management, Supplier relationship management, Returns management and Product development & commercialization are some of the most critical supply chain processes that can help an organization in managing its business operations effectively.
Each of these processes play an important role in keeping the organization aligned with its mission. It is extremely important for an organization to have effective supply chain management for business expansion, as it offers ways to bring effective coordination among various organizational units that are required to get the job done effectively. Information and physical flows are the two critical tasks which are mainly managed by SCM and if these flows are managed effectively it confirms the success of SCM measures.
KEY TAKEAWAYS
• Supply chain management is critical for overall operations of an organization.
• SCM helps in managing the physical and information flows within an organizational setting.
• Supply chain managers are responsible to manage planning, buying, producing, transporting, storing & distributing, and customer service handling activities.
• Organizational performance, productivity, efficiency and profitability are some of the critical measures that can help us in evaluating the success of supply chain management within an organization.
----
LEARNING OBJECTIVES
1 – To know more about the sphere of equipment/material trade and definition to trading and equipment trade.
2 – To have an overview of international trading and their policies.
3 – To identify pros and cons of equipment trade industry.
International trading is an exchange of goods, services and finances across the international territories or borders, which is an important way to develop strong relationships among various countries to promote development.
Trading and Equipment Trade
Trading is also known as trade finance, which is a way to participate in both local and international financial markets to break customary buy-and-hold investing activity. Traders seek out profit from short-term pricing tactics in both declining and rising markets, rather than earning profits from long-term up-trends in the financial markets.
Trader is an entity or person in financial market, who is involved in purchasing and selling of financial instruments such as bonds, stocks, derivatives and commodities, within the capability of hedger, speculator, agent or arbitrageur. There are several designations and categories for distinctive types of traders in financial markets, such as Day trader, High-frequency trader, Floor trader, Stock trader, Rogue trader and Pattern day trader.
Equipment trade is a kind of trade in which exchange of equipment takes place might be within a country or worldwide. The equipments can range from small electronic equipments to heavy construction equipments. Technological advancement such as information technology has encouraged the electronic equipment trade activities among several countries of the world. Such trade has a significant impact on the gross domestic product (GDP) in several countries such as European Union, United States, China, and Germany etc.
The motivation and behavior among the parties involved in international trade is quite similar to domestic trade with more sophisticated policies and trade conditions. International trade is much costly than local or domestic trade, because additional costs are added such as tariffs, costs linked with legal system, culture or language difference of the country and time costs due to delays in crossing border for trade.
The other difference among international and domestic trade is the factors of production, such as labor and capital, which are normally more itinerant within a country than in other countries. Therefore, the international trade is usually restricted to trade in services and goods and just limited extent to trade in labor, capital or any other factors of production. The trade in services and goods can also serve as an alternate for trade in factors of production. Rather than importing a factor of production a country can import goods such as equipments, which can intensify the use of available factors of production. The sphere of equipment/material trade has become wider due to international trade, as now nations can freely exchange their abundant valuable resources worldwide on clear and well-defined terms and conditions.
International Trading & Policies
International trade has become a source of development and relationship development among the countries worldwide, as it promotes political, social and economic prosperity. It is a branch of economics and when it is combined with international finance it becomes international economics.
Trading is an economic process that helps a product in market search, where certain risks need to be managed by the trader. Through global trading activities, the consumers and countries are able to have exposure to the new global products and markets. Nearly, all kinds of products are available on the global market, such as food, spare parts, jewelry, equipments, currencies, water, oil & gas, clothes etc. The services are also traded in the international market through transportation, banking, consulting and tourism.
All the products or services bought from an international market are known as imports and all the products or services sold to an international market are known as exports. The exports and imports play critical role in the current account of any country in terms of balance of payments. Due to industrialization and advanced technology a boom in equipment trade has been observed in the international market, which has strengthened the international trade system. An increase in global trade is important for the persistence of globalization, as without global or international trade the countries would become restricted to the services and goods produced within their own territories.
The international trading policy is also known as commercial policy, which is a set of regulations and rules that are designed to change flows of international trade, predominantly to limit imports. All the countries have some kind of unique trade policy, which is formulated by the public officials in best favor for their country. The main aim of this policy is to boost country’s international trade and to make trading activities smoother by setting clearly defined goals and standards, which can be easily understood by the possible trading partners. There are several regions in which groups of countries are working together to develop trade policies that are mutually beneficial for them.
The international trade policy might involve various complicated kinds of actions, such as the reduction of tariffs or removal of quantitative constraints. As per geographic dimension, there are multilateral, regional, bilateral and unilateral liberalization. There can be a customs union, free trade area or a free economic area in regional or bilateral reform.
The most common trade barriers that are observed in international trading are: Subsidies, Quotas, Taxes, Tariffs, Voluntary Export Restraint and Embargo. All these barriers are developed by the international policy makers to control balance of payments account. When countries have regular trade with each other, they frequently establish trade agreements.
The trade agreements make the trading path smooth, as it helps in sharing the desires of both parties and also facilitates in effective and strong trade relationships.
There are several trade agreements, which are designed to encourage free trade that are beneficial for establishing good and long lasting trade relationships.
The product safety regulations of every nation is different from other nations; therefore, the representatives of that nation can demand a right to check or inspect the goods such as equipments, food, spare parts, jewelry, medicines etc. to make sure that the products are according to the product safety standards that they follow within their boundary.
Pros and Cons of Equipment Trade Industry
If we consider the pros and cons of equipment trade industry than we will come to know that there are more pros than cons, because this industry is helping several nations in getting high quality equipments for all purposes on easy terms and conditions. Some of the major pros and cons of this industry are discussed below:
Pros:
The terms and conditions of equipment trade industry are quite simple and easy, which makes it popular. Through equipment trade industry, countries are able to get new equipments quickly that helps in attaining higher sales, which was not possible in domestic or private equipment selling techniques. This industry has helped the multinational and national corporations in generation of huge cash flows.
The main advantage of having equipment trade industry is this that the corporations do not have to manage any kind of marketing activity, as all these activities are managed by the dealer, which encourages greater level of flexibility. Greater level of international growth is attained by the nations with an evolution of equipment trade industry, as the exporting companies are now able to accomplish higher levels of sales that were not possible in domestic markets. Return on investment, business risk spread, exchange rates and market competition are some of the most critical benefits or pros of having equipment trade industry.
Cons:
The exchange rates keep on fluctuating, which maximizes the business trading risk among the nations, as it becomes difficult for them to manage and forecast foreign currencies in trade. The value of existing liabilities or assets can get affected due to currency fluctuations, which could ultimately result in less competitive business suddenly, resulting in a loss of revenue. Equipment trade industry can get affected by the political risks. The government of any country has the power to change trade regulations, contracts, or laws governing an investment, which can have poor impact on the trading activities among the nations at large. Cultural and credit risks are also the two major cons of equipment trade industry, which can have devastating effect on firms engaged in equipment trade businesses.
KEY TAKEAWAYS
• Trade finance is an activity observed in both domestic and international financial markets to end customary buy-and-hold investing activity.
• Equipment trade is a way to exchange equipments among nations or within a country through balance of payments accounts.
• An international trading is an exchange of goods, services and finance crossways the international territories or borders.
• It is an international trade that has helped the nations in development of strong relationships that encouraged industrialization and globalization.
• Some of the most common trade barriers in international trade are: Quotas, Taxes, Subsidies Tariffs, Embargo and Voluntary Export Restraint.
• A commercial policy is another name of international trading policy, which is based on a collection of regulations and rules designed to manage flows of international trade, mainly to restraint imports.
---
LEARNING OBJECTIVES
1 – To learn about an international trading organization by getting more knowledge on international trading regulations and policies.
2 – To have an overview of main international trading policies and terms.
The international trading policies are a set of laws and parameters designed to manage imports and exports in international trade.
International Trading Regulations, Policies & Terms
An exchange of services and goods among nations across the world is known as international trade. The international trade regulations include the suitable customs and rules for managing trade activities among nations. Nonetheless, these are also used in legal writings as an exchange among private sectors, which is inappropriate. The exchange activities among the private sectors of different nations are a significant part of the World Trade Organization (WTO) activities. International trade regulation helps in monitoring deceptive or unfair business practices or acts and it also highlights unfair methods used by the corporations to compete in the international markets. An Antitrust Law is normally considered as a subset of trade regulation law, which highlights the inefficiencies observed in trading partner nations and it also facilitates in keeping checks over domestic trade activities that are critical to GDP.
The international trading policy is also known as commercial policy, which is a set of regulation and rule that are designed to change flows of international trade, predominantly to limit imports. International trade law is a combination of legal rules derived from new lex mercatoria and international legislation, which regulates relations in an international trade. International legislation is based on the international acts and treaties of international inter-governmental organizations that regulate associations formed in international trade. On the other hand, lex mercatoria is the law for merchants on land. The World Trade Organization was established in 1995, which is an international organization to monitor international trade and it is an organization that played major role in development of international trading law. WTO does not dictate the actual rules, which are governed by the nations during international trade in various areas, but it just regulates the trade and alerts the nations about any wrongdoing.
An international trade has become a major source of progress and relationship development among the nations worldwide, because it encourages social, economic and political success. With global trade, the nations and consumers are able to get exposure to the latest global markets and products. Almost, all types of products are offered by the global market, such as spare parts, jewelry, food, equipments, water, currencies, oil & gas, clothes etc. Nations are also trading services with other nations in the global market in transportation, banking, tourism and consulting areas.
With an evolution of advanced technology and industrialization a boost in international trade has been observed in the global markets that have made the international trade system stronger than ever before. Expansion in international trade has played greater role in globalization, as prior to that nations were restrained to the goods and services they produced within their own boundaries. Every nation has some kind of unique trade policies and regulations, which are formulated by its public officials to encourage growth and prosperity.
The international trading regulations and policies are developed by the countries to avoid risks such as credit risk, exchange rate fluctuations, political risks and much more. These policies and regulations also play critical role in keeping the country’s imports restricted, as it can harm the balance of payments account’s stability.
There are numerous regions, where groups of countries are working together to develop trade policies, which are equally beneficial for all of them. The international trade policies may include various complex types of actions, such as the removal of quantitative constraints and the reduction of tariffs. There is regional, multilateral, unilateral and bilateral liberalization according to geographic dimension and also there can be a free trade area, customs union or a free economic area in between regional or bilateral reform.
Subsidies, Quotas, Taxes, Tariffs, Voluntary Export Restraint and Embargo are some of the most critical kinds of trade barriers found in international trading. These barriers are normally introduced by the international policy makers through trade policies and regulations to manage balance of payments account and to regulate trade agreements. The trade agreements are established by countries to continue regular trade, as these agreements help in making trading activities smooth and also support in building strong relationships. Every nation has different policies and regulations regarding the product safety, but the international trading policies and regulations are kept standardized for all the nations to encourage equity. Products or services that are bought from other nations are known as imports and products or services sold to other nations are known as exports. Imports and exports are the most significant terms used within international trade policies and regulations; in fact an international trade revolves around these two activities.
WTO encourages open and free multilateral trading system that promotes its members to follow five main principles. Those principles include: reduction in trade barriers; non-discrimination; increased competition through open and fair trade; increased confidence; and, special terms under agreements of WTO for developing nations. WTO encourages transparency in all trade activities to strengthen strong and effective relations among the trading partners or countries. In order to accomplish trade goals, the countries involved in international trade should create and sustain sound legislative, regulatory, institutional and enforcement frameworks that promote transparency, economic growth, foreign investment, minimize administrative costs, job creation and competitiveness. The international trading regulations have helped many countries in raising their living standards and in creation of competitive market economies.
The non-discriminatory principle is beneficial for nations to have open competition and free trade in the global markets. Therefore, countries need to develop such trade regulations and policies that promote industrialization and globalization, rather than just keeping the horizon of trade limited to domestic markets. The government bodies and policy makers have the power to improve trade regulations, laws or contracts leading an investment, so they all should devise a framework that promotes quality trade relations.
Such policies and regulations should be developed by the policy makers that encourage economic growth through international trading activities. Several countries have attained economic prosperity, through adoption of free trade and initiation of economic reforms. It is an international trade that has helped in spreading knowledge globally and it can further enhance the absorptive capability of countries involved in trade by encouraging technological advancement activities, but for this effective international trading policies and regulations need to be followed effectively. Countries like China, has improved and modified its trade administrative regulations and laws to encourage economic growth and it has eliminated several trade barriers to encourage free trade worldwide. The exports of China are flourishing in the international market mainly due
to an effective implementation and management of international trading policies and regulations. Now, foreign investors and customers are able to interact in global markets more effectively, as now their trading rights are protected by international trade regulatory bodies such as WTO.
The national or country’s trade policies and regulations should be devised to enhance national welfare, as there are market imperfections such as duopolies, oligopolies and monopolies found in the trade markets that can have negative impact on the national interests of a country. Trade policies can also be used to rectify an unemployment imperfection found in industries around the world. The international trade regulations have led several nations to develop highly competitive and internationalized business industries, such as Information Technology industry, electrical machinery industry, oil & gas industry etc.
The key objectives of international trading policy are: to encourage trade among countries; to provide security and protection to domestic markets existing within a country; to maximize export of any specific product, such as oil, gas, crops, electronic items etc. to expand regional market; to limit imports of specific goods for providing protection to regional developing or infant industry and also to secure foreign exchange; to restrain imports of merchandise that could be harmful to balance of payments account; to prevent or assist the import or export of merchandise or services for attaining the preferred exchange rate; and, to penetrate into such trade agreements with foreign countries that promote stability in foreign trading activities.
• The international trading policies and regulations are designed to regulate fair trading practices in the global markets.
• It is an international trade that has helped the nations in development of strong relationships that encouraged industrialization and globalization.
• International trading policy is also known as commercial policy that is based on a set of regulations and rules planned to administer international trade.
• World Trade Organization is an international trade regulatory organization that monitors the trading activities and also plays a role of negotiator among the trading partners.
-
[b]Money mule recruiter[/b]
115 John Street,
Manhattan, NY 10038,
United States of America
Telephone: +1 347 284 6889
E-mail: [email protected]
Christoph K. Wedekind <[email protected]>
Iris Schultes <[email protected]>
----------
1) DOMAIN esco-gmbh.com
WARNING “3 months old domain”
https://whois.icann.org/en
WARNING “HIDING WITH A REGISTRANT IN UKRAINE”
Organization: Hosting Ukraine LLC
Mailing Address: PO Box 65, Kiev Kiev Region 04112 UA
Email: [email protected]
2) Company search on Google shows other companies with similar names.
WARNING “the company ESCO GMBH” doesn´t appear anywhere. No LinkedIn, Twitter, Facebook account.
3) Official Addresses in their website:
Head Office in North America
115 John Street,
Manhattan, NY 10038,
Email : [email protected]
WARNING “THIS BUILDING IS EMPTY NOW. Nobody is in this office”
4) Emails from the company employees show different IPS in different countries (same person).
Lituania, Greece, Russia, etc.
WARNING “They are hiding their ip with a software”
5) Phones are always answered by a recording.
When they called me they sound like a machine voice. Probably hiding their real voices through a software.
6) The jobs they offer in their website are not advertised in ANY job engine such as indeed or others.
I was contacted directly. They said they received my resume from careerbuilder.
7) New York state doesn´t have any company with this name registered.
Linkedin public profiles of the persons that contacted you: Inexistent9)Phone numbers on file: Answering machine only.
EMAILS
Esco GmbH is a nationwide business equipment lender/trader based in
Europe with more than 15 offices across Europe and Asia. For over 10
years our company has played a prominent role in the sales industry of
premium used machinery, leasing and financing of almost all sorts of
equipment.
We are currently expanding our operations in North America and looking
for motivated Project Managers to join our growing company. We
recognize your commitment to our company by making an equal commitment
to you and your career. And we're excited to hear that you
consider joining the company in its new expansion.
Position Title: Project Manager
Requisition Number: #622/17
Department: Special Projects Department
Location: NY state
Salary: base, $84K per annum (negotiable)
Work Schedule: Full Time
Posted Date: 6/23/17
Expiration Date: 7/14/17
Project Manager will be a lead person between the client and the
vendor. He/She will oversee project management functions, manage the
personnel, vendor relations, facilities and finances of assigned
operations, such as:
- Ensure customer satisfaction in all areas of business including but
not limited to project management, supply chain management, cost and
delivery response time.
- Proactively develop strong customer relations at multiple levels
within the customer organization.
- Coach and mentor Project Management team.
Requirements and Preferred Qualification:
- Bachelor=92s degree in Business Administration/Project Management or a
related field preferred but will consider applicants with equivalent
work-related experience.
- Superb problem solving skills and logical thinking ability.
- Superior verbal and written communication skills, including
facilitation skills.
- Proven ability to deliver the full cycle of project management
accountabilities.
All qualified applicants will receive consideration for employment
without regard to race, color, religion, age, sex, national origin,
disability, sexual orientation, gender identity/expression, or
protected veteran status.
PLEASE ONLY APPLY IF YOU DO NOT NEED SPONSORSHIP TO WORK IN THE UNITED
STATES. WE ARE UNABLE TO CONSIDER CANDIDATES WHO REQUIRE SPONSORSHIP.
Do not hesitate to contact our HR Team Mon through Fri (9 AM - 4 PM
ET) at (347) 395 4834.
If you are interested, please, submit a request for more information,
including full job description, link to the web-site and additional
instructions.
Best regards,
Ms. Iris Schultes
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
---
I am reaching you out concerning the Project Manager position you've
applied for XX. Your Application Survey submitted
through the web-site has been considered and we are ready to move
further.
Face-to-face interviews are currently being held in Manhattan, NY so
we would like to schedule a telephone interview with you.
No worries, an in-person interview will take place once we establish
office in your area. A standard telephone interview will take about
5-10 minutes of your time. The questions asked are standard pre
prepared ones that require full and honest answers, there is little to
concern you.
Listed below are a few tips to look at before the interview is
scheduled:
- Concentration on the questions asked is imperative as the responses
you give to them need to be delivered in a coherent, intelligent and
professional manner.
- Please ensure that you will not be disturbed during the interview,
make yourself comfortable and relaxed.
- If your work or something else is likely to interrupt the
interview then please reschedule.
- Should the room in which you choose to take the call has a
television or stereo etc, please turn them off and likewise with call
waiting if you use it.
- Eliminate any distractions.
- In the event that the telephone connection becomes an issue please
do not hesitate to ask for a repeat of the question or in the worst
case request a return call.
- As the interview is based upon pre prepared questions any that you
may have with regards to the position will be dealt with at a later
date and on another scheduled call.
Please, see below available dates and time frames for the upcoming
interviews:
Please contact us if you have any questions.
Have a good day!
-----
Let me start by introducing myself. My name is Chris Wedekind. I work
at Esco GmbH as a Senior Regional Manager.
It is my task to guide you through the on-line processes during your
month long probation period. All materials and instructions will
be submitted via e-mail and I will provide you with feedback and a
score as we proceed.
Rest assured, as the month continues I will provide all the tips and
guidance to help you succeed. I will endeavor to call some time next
week so we can become accustomed to one another. At other times I am
available via email, my daily working hours are the standard 9:00 –
5:00 PM ET. However, I ask you to note that telephone contact can only
be made by prearranged appointment. The reason for this is due to the
U.S. Division is currently overloaded with work and therefore it is
difficult to respond to all calls.
For your reference to the probation please find listed below the
main aspects of the program:
- Probationary period will last one month (4 weeks);
- Probation salary will be paid at the completion of the month;
- There will be no charge to yourself for guides, materials or
manuals;
- Probation will be home based;
- Probation will require 2-3 hours a day of your time with flexible
shift;
- There is no requirement to resign your current position in order
to start the probation period as successful candidates will only be
offered a position;
- Successful completion of the probation guarantees you full-time
employment.
Regarding the attachment, please carefully review the agreement as
it covers the one month of paid on-line probation. It is a
requirement to sign the last page of the document prior to
commencement of the probationary period.
Successful completion of the probation will result in the offer of
full time employment. Please, be aware that during this period all
reporting will be through the NY office and will be processed
remotely. The proposed office in your local area will be opening soon.
City/State: NYC, NY
Address: 115 John St.
Office capacity: 50 employees
NEXT STEP
1. Review the Employment Agreement and ensure your details are
correct, should this not be the case do not hesitate to ask for a
revised copy.
2. The final page of the document requires signing, therefore this the
only page that will need to be printed. Sign, scan (or take a
picture) and email as an attachment to my email address. Faxed copies
will not be accepted due to issues of clarity. Signed documents will
not be accepted through the postal service due to the volume of mail
received on a daily basis.
3. Upon receipt of the signed document we proceed to the next step in
the process.
START DATE
1. It is usual that 3 groups per week are launched, Monday,
Wednesday and Friday.
2. At the moment we have an opening with a group starting on
XXX
3. If this date is suitable, please confirm along with your signed
document, if not then an alternative date will be proposed.
Do not hesitate to contact me should you have any further questions.
--
Best regards,
Mr. Christoph K. Wedekind
Senior Regional Manager
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
_________________________________________________________
The information contained in this electronic message and any
attachments to this message are intended for the exclusive use of the
addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended recipient, you should not
disseminate, distribute or copy this e-mail. Please notify the sender
immediately and destroy all copies of this message and any
attachments.
-----
EMPLOYMENT AGREEMENT
This agreement, made and entered into on XX by and between:
1. Esco GmbH (represented by Simon Tuft, Head of Human Resources Department),
having its business address at
115 John Street, Manhattan, NY 10038
(Hereinafter referred to as Esco GmbH The Company
AND
2. Name: XX
(Hereinafter Candidate
together, the Parties and each a Party
This agreement, together with the attached annexures, will form the basis of the Candidate
engagement by Esco GmbH.
Whereas:
A. The Candidate is a person seeking employment with the Company.
B. In terms of the Company candidates under consideration
for employment are required to undergo a period of paid probation at the Company
prior to being considered for full time employment. Said period of probation to be for
One (1) calendar month.
C. The Candidate is agreeable to undergoing said period of probation prior to applying
for full time employment.
Both Parties hereby agree as follows:
1. Probationary period
According to the terms of this agreement, Esco GmbH will engage the Candidate in the
position of Project Manager on a fixed term (one month) contract. Subject to Clause 6 below,
the Candidate should have no expectation of the probationary period continuing beyond the
termination date, whether by way of an extension or renewal of this agreement.
2. Independent Contractor
For the purposes of this agreement, the Candidate is deemed to be, and shall be, an
Independent Contractor during the period of probation. Both parties expressly acknowledge
that nothing in this agreement shall make the Candidate an employee of the company for the
duration of the probationary period.
3. Duties and Responsibilities
During the month of probationary period, the Candidate will be required to undergo all
trainings required of him or her by the Company. Such trainings will be provided by the
Company at its own cost and may include online classes, webinars and other activities set out
by the Company.
The duties of the Candidate shall include, but are not limited to:
The development and writing of case studies as required by the Company.
Undertaking negotiations with distributors and customers of the Company.
Undertaking and completion of case materials assigned to him or her daily.
Taking part in on-line webinars.
4. Compensation and Terms of the probationary period
4.1. Compensation
At the end of the month of probationary period, the Candidate will receive $2,000 (Two
Thousand United States Dollars) as compensation, payable by check or by direct deposit into
the Candidate s nominated bank account.
The Candidate may earn additional income in the form of commissions when he or she
successfully executes projects assigned to him or her, including successful execution of
purchase orders assigned by the Company.
All income and compensation received by the Candidate in terms of this section are subject to
tax deductions in the United States. In terms of Clause 2 above which sets out the terms of
the Candidate the company, the Candidate shall be solely responsible for
ensuring that all required taxes are paid to the IRS. The Company will provide the necessary
1099 forms to enable the Candidate report his or her income and pay the taxes.
4.2. Hours of Work
The company offers flexible shift during one month of probationary period and the Candidate
can select the most suitable shift for herself/himself. Hours are not regulated by the company.
4.3. Other employment
Nothing in this agreement shall preclude the Candidate from doing work for his or her own
account or for any other employer during the probationary period.
4.4. Non-Disclosure of Trade Secrets, Customer Lists and Other Proprietary
Information
The Candidate is expected to exercise decorum in the conduct of his probationary period at
Esco GmbH. In particular, the Candidate may not post any information about the company
online, on social media or any other forum. The Candidate expressly agrees not to use,
disclose or communicate, in any manner, proprietary information about the company, its
operations, clientele, or any other proprietary information, that relate to the business of the
Company. This includes, but is not limited to, the names of the Company
marketing strategies, operations, or any other information of any kind which would be
deemed confidential or proprietary information of Employer.
The Candidate understands and that any breach of this provision, is a material breach of this
Agreement.
4.5. Guidance during probationary period
During the probationary period, the Candidate will be provided with an English-speaking
member of staff who will guide the Candidate through the process of completing the
probationary period passing all tests. The Candidate is expected to coordinate his or her work
with the designated member of staff and agree with the staff on a plan for receiving and
returning assignments.
4.6. Expense Reimbursement
All expenses authorized and reasonably incurred by the Candidate in the performance of the
functions and duties under this Agreement will be reimbursed by the company at the end of
the Probation. In order to receive reimbursement, the Candidate must provide the company
with an itemized account of all expenditures, along with suitable receipts in a timely manner.
The Candidate must obtain prior written authorization for any expenditure over the sum of
$150.00.
4.7. Intellectual Property
The Candidate assigns to the employer with full title guarantee, any Intellectual Property
Rights arising during the course of her/his employment. Products, records, documents,
inventions and discoveries made while working are the property of the company. The
Candidate is expected to comply with policies regarding inventions and
copyrights regardless of the work location or whether work was performed on equipment
owned by the company or the Candidate.
4.8. Conflict of Interest
Except as Esco GmbH shall otherwise specifically agree in writing, the Candidate will not
engage directly or indirectly in any activities which are or are likely to be in conflict with the
interests or where this may adversely affect the performance of the agreed
services.
5. Termination of the contract
Either party may terminate this contract without cause by providing to the other party, two (2)
written notice of intention to terminate or a pro rata sum of the compensation amount
set out in Clause 4.1 above. Notice may be given on any working day.
The Company may summarily terminate the contract for any reasons justifiable by law,
including conduct, capacity, and operational requirements. Specifically, the company may
summarily terminate the contract in the event that the Candidate is found to have broken
, shared privileged information about the
business or breached the provisions of Clauses 4.4 and 4.5 above.
6. Full Time Employment
At the end of the probationary period, the Candidate may apply for full time employment as a
Project Manager with the Company. Where the Company offers such full time employment
to the Candidate at the end of the probation, that employment shall be governed by a separate
contract which will be entered into by the parties. Also, the Candidate must sign the
Employment Offer Letter prior the acceptance of the position (Offer Letter will be supplied
upon completion of the probationary period).
Terms of full time employment
In order to be eligible to apply for the full time position as Project Manager, the Candidate
must successfully pass the probationary period with an average score of B+.
The base salary attached to full time position of Project Manager shall be $84,000 (Eighty
Four Thousand United States Dollars) per annum, payable on a monthly basis in 12 equal
instalments of $7,000.00 (Seven Thousand United States Dollars and Zero cents). This salary
will be subject to normal Federal income and Social Security taxes and deductions as well as
all State or local taxes now applicable or that may become applicable to Employee or
Employer in the future.
Upon employment or the employee will be eligible for coverage under
Insurance plan (#8210 Corporate Insurance). The Company will provide [health, dental,
vision, disability, life other] insurance benefits the terms of which will be fully set out in the
contract of employment.
7. Entire Agreement
This agreement contains the entire agreement between the parties, superseding in all respects
any and all prior oral or written agreements or understandings between the parties pertaining
to the probationary period and/or any full time employment, and shall be amended or
modified only by written instrument signed by both of the parties hereto.
8. Severability
The parties hereto agree that in the event any article or part thereof of this agreement is held
to be unenforceable or invalid then said article or part shall be struck and all remaining
provision shall remain in full force and effect.
9. Settlement of disputes
Both parties agree to endeavour to settle amicably any disputes arising from the execution or
interpretation of this agreement. In the absence of an amicable settlement, any dispute arising
out of and in connection with this agreement shall be referred to and finally resolved by an
arbitrator agreed by the parties.
--
Hopefully I find you well. Today is your first day of probation.
During the next 30 days I will be supervising your progress therefore
all and any questions will be dealt with directly through me.
My on-line availability for assistance is between the hours of 9:00 –
5:00 PM ET. I shall endeavor to respond in a timely manner even in
the event of being in a meeting.
Due to the planned number of daily meetings, telephone calls will be
problematic, in the event of something occurring that cannot be
cleared through email then a mutually specific time for a telephone
call can be scheduled.
The following is a brief account of the first week of probationary
schedule:
1) There will be 5 cases total, these will be submitted daily.
2) The first case will need to be returned for grading at HQ before
the next is sent and so on. Cases are required to be submitted by
12:00 PM ET the following day, there are exceptions of course,
Fridays and the day before Holidays.
3) Once you have received a case please confirm receipt, save it to
your computer and complete at a convenient moment.
4) Cases will be submitted in a PDF format and it is essential that it
is returned in Word format as the only information required by return
are the questions and answers.
5) The company plans on recruiting up to 50 managers from all over the
country and they will be completing probation program along with you.
In order to avoid a loss of information, we suggest tagging your
reports in a specific way, for example; your first name, first
letter of last name and case number (e.g. SteveS.Case#1 or
SteveS.Case1).
6) During working hours I will confirm the receipt of your reports,
however, should you not hear within 24 hours, it means that your
report has not been received, so please make sure they are submitted
in time.
7) All materials will be sent before 12:00 PM ET and be aware that
we are on east coast, which means that cases submitted at 12:00 MT, CT
or PT will be considered failed.
Probation is considered to be completed only when you havecompleted all cases and took part in all webinars. If a candidate
decides mid term to withdraw himself or herself from the program, he
or she will no longer be considered as an employee and will not be
paid for probation.
Case #1 is attached. Please, confirm the receipt and commence work at
your convenience.
--
Best regards,
Mr. Christoph K. Wedekind
Senior Regional Manager
HR Department
Esco GmbH
HR Dept. - (347) 395 4834
Office - (347) 284 6889
_________________________________________________________
The information contained in this electronic message and any
attachments to this message are intended for the exclusive use of the
addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended recipient, you should not
disseminate, distribute or copy this e-mail. Please notify the sender
immediately and destroy all copies of this message and any
attachments.
-----
LEARNING OBJECTIVES
1 – Describe main terms of Supply Chain Management in organization.
2 – Give the definition to Supply Chain Manager and describe the main duties of the manager.
3 – Describe how we evaluate success in Supply Chain Management.
The Supply Chain Management (SCM) is affected by the type of organization in that uses it for managing its business operations and how the organization is structured to manage its business operations.
Supply Chain Management in Organization
Supply chain management is a process that helps an organization in managing the downstream and upstream flow of finances, information, services and goods, which includes the storage and movement of finished goods, work-in-process inventory, and raw materials from production point to consumption point. Interlinked or interconnected channels and networks of businesses are involved in the stipulation of goods and services, which are essential for end consumers in a supply chain process.
SCM is also known as a process that looks after the planning, design, execution, monitoring and control of supply chain activities, which are aligned with organizational objectives: to build a competitive organizational infrastructure; to create net value; to synchronize supply and demand; to leverage global logistics; and, to measure organizational performance according to the global standards.
Supply chain management is heavily used in the areas of logistics, operations management, information technology, and procurement; it encourages strong integration among these organizational areas to enhance organizational performance.
An organization can develop an effective strategic coordination among its business functions through supply chain management, which is important for accomplishing broader business goals. Capacity management and planning are some of the critical concepts provided by SCM, which are helping organizations in planning of their production and storage capacity.
The study of SCM and the shift from production and operations management was started in the last 1980s. Nevertheless, it was not until the mid-1990s that the research over supply chain management started seriously. It was the time, when organizations started looking more intimately at their supply chains as a method to reduce expenses.
The procurement process had a more transactional approach in the 1980s, as at that time the buyer for an organization was mainly looking for gaining price leverage over a supplier. That approach was more about getting the lowest possible price for the product or service by only concentrating on the transactional benefit that each party would gain. In such type of transaction there was no value added activities that a buyer was engaged in with the supplier, which never encouraged strong relationship among the suppliers and buyers. The importance of building relationships between the supplier and buyer started to emerge in the late 1990s. This change occurred mainly due to the reason that the organizations were no longer competing domestically or regionally, they were competing globally.
The swift increase in globalization and information technology required organizations to develop and control their relationships with their supply chains in order to endure in the current dynamic business environment. This was the time when the change from production and operations management to SCM was observed and also the organizations began to become actively involved with both their upstream and downstream companies effectively. Out of the evolution of supply chain management the focus on strategic alliances and strategic sourcing started to gain momentum.
Strategic sourcing is a collaborative approach that continuously re-evaluates and improves the buying activities of an organization, while strategic alliances are long-term relationships with suppliers and customers formed with an intention to influence the operational and strategic efficiencies of both organizations. Strategic alliances push an organization away from its normal transactional method of buying raw materials to building a strong relationship with the suppliers as the collaborative strategies finalized. Therefore, to be successful in this ever changing business environment and to deal with the growing competition organizations should focus on implementation of effective supply chain management practices.
Duties of Supply Chain Manager
The supply chain managers have a great impact on the organization’s success, as these managers are involved in almost all the facets of the business process, which deals with planning, buying, producing, transporting, storing & distributing, serving customer and much more.
The supply chain manager is the key person, who is responsible to look after the upstream and downstream flow of goods and services in an organization. These managers are involved in designing and implementation of strategies and policies that could help in developing strong connection among the various parts of an organization. The performance of an organization in terms of increase in sales, maximized profits and controlled expenditure can be effectively managed by improving the supply chains, which is only possible if the supply chain managers are skilled and experienced to that level.
Generally, organizations with flat organizational structure have better supply chain activities than the organizations based on tall organizational structure. This is mainly due to high collaborative activities, improved communication and performance. The supply chain manager normally reports to the regional project managers in flat organizations and the regional manager is responsible to manage a team of regional managers, who look after the business regions in which the organization is running business. The responsibility of a supply chain manager is comparatively less in flat organization than tall organization, as he/she has to look after less or no hierarchal levels.
Supply chain manager guides the regional project manager about the internal position of the company such as finished goods on hand and work-in-process goods that facilitates in managing and improving the demand and supply area i.e. managed by a team of regional managers effectively. Flat organization structure generally promotes decentralized decision making process, which encourages higher level of employee involvement. It is the duty of a supply chain manager to maintain effective communication among the various organizational units and keep on providing feedback to the regional project manager, so that they could manage the external business activities effectively. The supply chain managers should have an ability to choose the right collaborative strategy, which is essential to make sure that the supply chain partners are on a path that creates the premium business practices.
Success Evaluation in Supply Chain Management
Supply chain managers have faced huge uncertainty related to workable framework and concepts that are available for the development of SCM practices and that could be easily understood, measured and implemented. It is the supply chain management that helps an organization in managing its various business functions in an effective way. Organizations face critical challenges due to the competing interests related to climate change, ethical energy consumption and demand for greater transparency that affects the day-to-day business operations.
Supply chain management practices have provided greater level of strength to organizations in controlling and managing business risks.
The success of supply chain management can be evaluated through the level of success an organization has attained with its implementation. If an organization was able to maximize its sales, attain higher profits or control its expenditure, it clearly indicates the success of SCM.
These days, organizations are considering effective supply chains essential to compete in the networked economy and global market, as it helps in managing growing customers demands effectively and at the same time it reduces the managerial control over the daily logistics operations. The effectiveness of supply chain management can be observed in an organization; if there is less control and more supply chain associates. SCM is a process that improves collaboration and trust among supply chain associates, which ultimately improves the velocity of inventory flow (upstream and downstream) and inventory visibility.
Customer relationship management, Order fulfillment, Customer service management, Manufacturing flow management, demand management, Supplier relationship management, Returns management and Product development & commercialization are some of the most critical supply chain processes that can help an organization in managing its business operations effectively.
Each of these processes play an important role in keeping the organization aligned with its mission. It is extremely important for an organization to have effective supply chain management for business expansion, as it offers ways to bring effective coordination among various organizational units that are required to get the job done effectively. Information and physical flows are the two critical tasks which are mainly managed by SCM and if these flows are managed effectively it confirms the success of SCM measures.
KEY TAKEAWAYS
• Supply chain management is critical for overall operations of an organization.
• SCM helps in managing the physical and information flows within an organizational setting.
• Supply chain managers are responsible to manage planning, buying, producing, transporting, storing & distributing, and customer service handling activities.
• Organizational performance, productivity, efficiency and profitability are some of the critical measures that can help us in evaluating the success of supply chain management within an organization.
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LEARNING OBJECTIVES
1 – To know more about the sphere of equipment/material trade and definition to trading and equipment trade.
2 – To have an overview of international trading and their policies.
3 – To identify pros and cons of equipment trade industry.
International trading is an exchange of goods, services and finances across the international territories or borders, which is an important way to develop strong relationships among various countries to promote development.
Trading and Equipment Trade
Trading is also known as trade finance, which is a way to participate in both local and international financial markets to break customary buy-and-hold investing activity. Traders seek out profit from short-term pricing tactics in both declining and rising markets, rather than earning profits from long-term up-trends in the financial markets.
Trader is an entity or person in financial market, who is involved in purchasing and selling of financial instruments such as bonds, stocks, derivatives and commodities, within the capability of hedger, speculator, agent or arbitrageur. There are several designations and categories for distinctive types of traders in financial markets, such as Day trader, High-frequency trader, Floor trader, Stock trader, Rogue trader and Pattern day trader.
Equipment trade is a kind of trade in which exchange of equipment takes place might be within a country or worldwide. The equipments can range from small electronic equipments to heavy construction equipments. Technological advancement such as information technology has encouraged the electronic equipment trade activities among several countries of the world. Such trade has a significant impact on the gross domestic product (GDP) in several countries such as European Union, United States, China, and Germany etc.
The motivation and behavior among the parties involved in international trade is quite similar to domestic trade with more sophisticated policies and trade conditions. International trade is much costly than local or domestic trade, because additional costs are added such as tariffs, costs linked with legal system, culture or language difference of the country and time costs due to delays in crossing border for trade.
The other difference among international and domestic trade is the factors of production, such as labor and capital, which are normally more itinerant within a country than in other countries. Therefore, the international trade is usually restricted to trade in services and goods and just limited extent to trade in labor, capital or any other factors of production. The trade in services and goods can also serve as an alternate for trade in factors of production. Rather than importing a factor of production a country can import goods such as equipments, which can intensify the use of available factors of production. The sphere of equipment/material trade has become wider due to international trade, as now nations can freely exchange their abundant valuable resources worldwide on clear and well-defined terms and conditions.
International Trading & Policies
International trade has become a source of development and relationship development among the countries worldwide, as it promotes political, social and economic prosperity. It is a branch of economics and when it is combined with international finance it becomes international economics.
Trading is an economic process that helps a product in market search, where certain risks need to be managed by the trader. Through global trading activities, the consumers and countries are able to have exposure to the new global products and markets. Nearly, all kinds of products are available on the global market, such as food, spare parts, jewelry, equipments, currencies, water, oil & gas, clothes etc. The services are also traded in the international market through transportation, banking, consulting and tourism.
All the products or services bought from an international market are known as imports and all the products or services sold to an international market are known as exports. The exports and imports play critical role in the current account of any country in terms of balance of payments. Due to industrialization and advanced technology a boom in equipment trade has been observed in the international market, which has strengthened the international trade system. An increase in global trade is important for the persistence of globalization, as without global or international trade the countries would become restricted to the services and goods produced within their own territories.
The international trading policy is also known as commercial policy, which is a set of regulations and rules that are designed to change flows of international trade, predominantly to limit imports. All the countries have some kind of unique trade policy, which is formulated by the public officials in best favor for their country. The main aim of this policy is to boost country’s international trade and to make trading activities smoother by setting clearly defined goals and standards, which can be easily understood by the possible trading partners. There are several regions in which groups of countries are working together to develop trade policies that are mutually beneficial for them.
The international trade policy might involve various complicated kinds of actions, such as the reduction of tariffs or removal of quantitative constraints. As per geographic dimension, there are multilateral, regional, bilateral and unilateral liberalization. There can be a customs union, free trade area or a free economic area in regional or bilateral reform.
The most common trade barriers that are observed in international trading are: Subsidies, Quotas, Taxes, Tariffs, Voluntary Export Restraint and Embargo. All these barriers are developed by the international policy makers to control balance of payments account. When countries have regular trade with each other, they frequently establish trade agreements.
The trade agreements make the trading path smooth, as it helps in sharing the desires of both parties and also facilitates in effective and strong trade relationships.
There are several trade agreements, which are designed to encourage free trade that are beneficial for establishing good and long lasting trade relationships.
The product safety regulations of every nation is different from other nations; therefore, the representatives of that nation can demand a right to check or inspect the goods such as equipments, food, spare parts, jewelry, medicines etc. to make sure that the products are according to the product safety standards that they follow within their boundary.
Pros and Cons of Equipment Trade Industry
If we consider the pros and cons of equipment trade industry than we will come to know that there are more pros than cons, because this industry is helping several nations in getting high quality equipments for all purposes on easy terms and conditions. Some of the major pros and cons of this industry are discussed below:
Pros:
The terms and conditions of equipment trade industry are quite simple and easy, which makes it popular. Through equipment trade industry, countries are able to get new equipments quickly that helps in attaining higher sales, which was not possible in domestic or private equipment selling techniques. This industry has helped the multinational and national corporations in generation of huge cash flows.
The main advantage of having equipment trade industry is this that the corporations do not have to manage any kind of marketing activity, as all these activities are managed by the dealer, which encourages greater level of flexibility. Greater level of international growth is attained by the nations with an evolution of equipment trade industry, as the exporting companies are now able to accomplish higher levels of sales that were not possible in domestic markets. Return on investment, business risk spread, exchange rates and market competition are some of the most critical benefits or pros of having equipment trade industry.
Cons:
The exchange rates keep on fluctuating, which maximizes the business trading risk among the nations, as it becomes difficult for them to manage and forecast foreign currencies in trade. The value of existing liabilities or assets can get affected due to currency fluctuations, which could ultimately result in less competitive business suddenly, resulting in a loss of revenue. Equipment trade industry can get affected by the political risks. The government of any country has the power to change trade regulations, contracts, or laws governing an investment, which can have poor impact on the trading activities among the nations at large. Cultural and credit risks are also the two major cons of equipment trade industry, which can have devastating effect on firms engaged in equipment trade businesses.
KEY TAKEAWAYS
• Trade finance is an activity observed in both domestic and international financial markets to end customary buy-and-hold investing activity.
• Equipment trade is a way to exchange equipments among nations or within a country through balance of payments accounts.
• An international trading is an exchange of goods, services and finance crossways the international territories or borders.
• It is an international trade that has helped the nations in development of strong relationships that encouraged industrialization and globalization.
• Some of the most common trade barriers in international trade are: Quotas, Taxes, Subsidies Tariffs, Embargo and Voluntary Export Restraint.
• A commercial policy is another name of international trading policy, which is based on a collection of regulations and rules designed to manage flows of international trade, mainly to restraint imports.
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LEARNING OBJECTIVES
1 – To learn about an international trading organization by getting more knowledge on international trading regulations and policies.
2 – To have an overview of main international trading policies and terms.
The international trading policies are a set of laws and parameters designed to manage imports and exports in international trade.
International Trading Regulations, Policies & Terms
An exchange of services and goods among nations across the world is known as international trade. The international trade regulations include the suitable customs and rules for managing trade activities among nations. Nonetheless, these are also used in legal writings as an exchange among private sectors, which is inappropriate. The exchange activities among the private sectors of different nations are a significant part of the World Trade Organization (WTO) activities. International trade regulation helps in monitoring deceptive or unfair business practices or acts and it also highlights unfair methods used by the corporations to compete in the international markets. An Antitrust Law is normally considered as a subset of trade regulation law, which highlights the inefficiencies observed in trading partner nations and it also facilitates in keeping checks over domestic trade activities that are critical to GDP.
The international trading policy is also known as commercial policy, which is a set of regulation and rule that are designed to change flows of international trade, predominantly to limit imports. International trade law is a combination of legal rules derived from new lex mercatoria and international legislation, which regulates relations in an international trade. International legislation is based on the international acts and treaties of international inter-governmental organizations that regulate associations formed in international trade. On the other hand, lex mercatoria is the law for merchants on land. The World Trade Organization was established in 1995, which is an international organization to monitor international trade and it is an organization that played major role in development of international trading law. WTO does not dictate the actual rules, which are governed by the nations during international trade in various areas, but it just regulates the trade and alerts the nations about any wrongdoing.
An international trade has become a major source of progress and relationship development among the nations worldwide, because it encourages social, economic and political success. With global trade, the nations and consumers are able to get exposure to the latest global markets and products. Almost, all types of products are offered by the global market, such as spare parts, jewelry, food, equipments, water, currencies, oil & gas, clothes etc. Nations are also trading services with other nations in the global market in transportation, banking, tourism and consulting areas.
With an evolution of advanced technology and industrialization a boost in international trade has been observed in the global markets that have made the international trade system stronger than ever before. Expansion in international trade has played greater role in globalization, as prior to that nations were restrained to the goods and services they produced within their own boundaries. Every nation has some kind of unique trade policies and regulations, which are formulated by its public officials to encourage growth and prosperity.
The international trading regulations and policies are developed by the countries to avoid risks such as credit risk, exchange rate fluctuations, political risks and much more. These policies and regulations also play critical role in keeping the country’s imports restricted, as it can harm the balance of payments account’s stability.
There are numerous regions, where groups of countries are working together to develop trade policies, which are equally beneficial for all of them. The international trade policies may include various complex types of actions, such as the removal of quantitative constraints and the reduction of tariffs. There is regional, multilateral, unilateral and bilateral liberalization according to geographic dimension and also there can be a free trade area, customs union or a free economic area in between regional or bilateral reform.
Subsidies, Quotas, Taxes, Tariffs, Voluntary Export Restraint and Embargo are some of the most critical kinds of trade barriers found in international trading. These barriers are normally introduced by the international policy makers through trade policies and regulations to manage balance of payments account and to regulate trade agreements. The trade agreements are established by countries to continue regular trade, as these agreements help in making trading activities smooth and also support in building strong relationships. Every nation has different policies and regulations regarding the product safety, but the international trading policies and regulations are kept standardized for all the nations to encourage equity. Products or services that are bought from other nations are known as imports and products or services sold to other nations are known as exports. Imports and exports are the most significant terms used within international trade policies and regulations; in fact an international trade revolves around these two activities.
WTO encourages open and free multilateral trading system that promotes its members to follow five main principles. Those principles include: reduction in trade barriers; non-discrimination; increased competition through open and fair trade; increased confidence; and, special terms under agreements of WTO for developing nations. WTO encourages transparency in all trade activities to strengthen strong and effective relations among the trading partners or countries. In order to accomplish trade goals, the countries involved in international trade should create and sustain sound legislative, regulatory, institutional and enforcement frameworks that promote transparency, economic growth, foreign investment, minimize administrative costs, job creation and competitiveness. The international trading regulations have helped many countries in raising their living standards and in creation of competitive market economies.
The non-discriminatory principle is beneficial for nations to have open competition and free trade in the global markets. Therefore, countries need to develop such trade regulations and policies that promote industrialization and globalization, rather than just keeping the horizon of trade limited to domestic markets. The government bodies and policy makers have the power to improve trade regulations, laws or contracts leading an investment, so they all should devise a framework that promotes quality trade relations.
Such policies and regulations should be developed by the policy makers that encourage economic growth through international trading activities. Several countries have attained economic prosperity, through adoption of free trade and initiation of economic reforms. It is an international trade that has helped in spreading knowledge globally and it can further enhance the absorptive capability of countries involved in trade by encouraging technological advancement activities, but for this effective international trading policies and regulations need to be followed effectively. Countries like China, has improved and modified its trade administrative regulations and laws to encourage economic growth and it has eliminated several trade barriers to encourage free trade worldwide. The exports of China are flourishing in the international market mainly due
to an effective implementation and management of international trading policies and regulations. Now, foreign investors and customers are able to interact in global markets more effectively, as now their trading rights are protected by international trade regulatory bodies such as WTO.
The national or country’s trade policies and regulations should be devised to enhance national welfare, as there are market imperfections such as duopolies, oligopolies and monopolies found in the trade markets that can have negative impact on the national interests of a country. Trade policies can also be used to rectify an unemployment imperfection found in industries around the world. The international trade regulations have led several nations to develop highly competitive and internationalized business industries, such as Information Technology industry, electrical machinery industry, oil & gas industry etc.
The key objectives of international trading policy are: to encourage trade among countries; to provide security and protection to domestic markets existing within a country; to maximize export of any specific product, such as oil, gas, crops, electronic items etc. to expand regional market; to limit imports of specific goods for providing protection to regional developing or infant industry and also to secure foreign exchange; to restrain imports of merchandise that could be harmful to balance of payments account; to prevent or assist the import or export of merchandise or services for attaining the preferred exchange rate; and, to penetrate into such trade agreements with foreign countries that promote stability in foreign trading activities.
• The international trading policies and regulations are designed to regulate fair trading practices in the global markets.
• It is an international trade that has helped the nations in development of strong relationships that encouraged industrialization and globalization.
• International trading policy is also known as commercial policy that is based on a set of regulations and rules planned to administer international trade.
• World Trade Organization is an international trade regulatory organization that monitors the trading activities and also plays a role of negotiator among the trading partners.
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