Manufacturers of all sizes, and in all industries, are increasingly doing business overseas. In doing so, the need for an efficient and productive currency risk strategy rises to the top of the to-do list for corporate financial officers.The good news is that creating an effective FX risk strategy doesn't need to be complicated. Just know your own unique currency risk management needs and build a forward-looking plan that anticipates problems—and opportunities—and acts on them effectively and in a timely fashion.Manufacturers of all sizes, and in all industries, are increasingly doing business overseas. In doing so, the need for an efficient and productive currency risk strategy rises to the top of the to-do list for corporate financial officers.The good news is that creating an effective FX risk strategy doesn't need to be complicated. Just know your own unique currency risk management needs and build a forward-looking plan that anticipates problems—and opportunities—and acts on them effectively and in a timely fashion.