Despite decades of experience in China, many organizations still struggle to identify and select executives who will make a tangible impact there. Companies can do better by focusing on two crucial skills"”an ability to read the external environment and an understanding of what makes employees tick"”and on a tough truth: a generational challenge is making the talent equation more complex.

Fine wines are vulnerable to counterfeiting or fraud, in large part due to their high value. A single bottle of French Bordeaux, from Chateau Le Pin, averages $3,000 and can be priced at up to $10,000 or more, making the trafficking of forgeries lucrative for counterfeiters. Photocopied labels, for example, can be attached to bottles of counterfeit wine, which can then end up being sold to consumers"”often at auctions, or at any weak link along the supply chain.

The successful reverse logistics process that works domestically may not translate if you try to take it international. When you cross borders, especially international borders, there are a host of issues and risks, which you need to consider and mitigate.

Accurate data on the millions of rules, regulations, tariffs and classifications that govern international trade is crucial to global trade management but not sufficient, says Anthony Hardenburgh, vice president of global trade content at Amber Road.

UK retailers lost more than £400m ($603m) last year as a result of fraudulent "goods lost in transit" (GLIT), with the average cost estimated at over £40, or about $60. Now, 90 percent of retailers believe growing numbers of fake GLIT claims pose a serious threat. This is an ongoing problem and highlights a new form of theft: "digital shoplifting".