• Who – Knowing who you are transacting business with is vital in maintaining compliance with your programs, keeping your integrity intact and maintaining your company brand to the highest standards. Performing due diligence on your potential partnerships is vital to establishing the right path in advance before the wrong path is taken.

• What – Knowing what you are managing (people, parts, data, services) is integral in understanding the type of due diligence needed and managing the expectations of the business in regulating people, parts, processes, or procedures to ensure risk is mitigated throughout the lifecycle of the program

• Where – Knowing where the services or transactions are to take place is fundamental in ensuring no global regulatory channels are being breached. Considering a heightened awareness focused on end use and end destination as well as global sanctions can greatly impact your business decisions on moving forward successfully with any business venture.

• When – Understanding when the business or partnership anticipating when the transaction will occur can influence the speed at which one can proceed. Should a particular transaction require licenses under the International Traffic in Arms Regulations (ITAR) or Export Administration Regulations (EAR) or other regulatory agencies within the United States or under regional, national or local law can also impacts timelines for initial implementation of a program through finalizing a program in each phase. Remembering the need to particular licenses and the timelines it takes to obtain authorization in advance will help you project/program/transaction achieve success from the onset with minimal changes to the plan.

• How – Capturing how a program is going to be implemented, data will be shared, parts will be delivered, and people will be purposed is key to capturing any times needed for appropriate authorizations to be enacted, systems to be implemented, due diligence to be performed and audits or assurance to be considered and performed in advance of a project or program implementation

• Why – It goes without saying that understanding why a company is chasing an objective or program is being pursued is very important to maintaining consistency with the overall plan. The execution of the project or program and maintaining oversight specific to each endeavor is essential in ensuring no “Scope Creeps” or “Escapes” occur due to a change in direction or misaligned objectives. This can be devastating to the effort. Sharing the “why” can create harmony with business partners and stakeholders involved in any aspect of the project or program.

How Cruzer LLC can help – by following these six areas in full oversight Cruzer LLC can be a trusted partner for sourcing, training, management, and oversight in your next global project. Cruzer LLC offers a broad range of solutions to help you navigate a full range of compliance concerns be it quality, trade, personnel, or program compliance needs.

Stay in touch and keep monitoring the Cruzer LLC Compliance Corner for insights and guidance on areas of compliance coverage you may need to consider in the future. We look forward to assisting you in any way and welcome the opportunity to provide a range of services to support your needs.

We can be reached at  – compliance@cruzerllc.com 24 hours a day