Global Sourcing
Global Sourcing is a strategic decision for companies to improve their competitiveness and a
means to achieve business goals and objectives.
With advances in communications, transportation, infrastructures and business practices the
global world is a smaller "more flat" place with increasing opportunities.

Major reasons for global sourcing are:

  • Lower product and service cost opportunities

  • Customers demand OEMs to have global and local capabilities

  • Shareholders demand improved profit margins

  • Company cost reduction goals and objectives

  • Reduce logistics and inventory cost by manufacturing close to global customers

  • Improve market and customer responsiveness through supply chain diversification and
    lower costs

  • Competitors are increasingly globally sourced which creates business pressures
Link to:  The China Opportunity
Link to:  The India Opportunity