The Essence Of Global Sourcing
Source: Calyptus Consulting Group
The Global Sourcing Manager must understand the differences between in-country and international sourcing, know the elements of the international supply chain, be able to identify the key skills needed for global sourcing and ultimately develop a global purchasing strategy. The establishment of global sourcing is an exciting endeavor. It provides an opportunity for organizations to find the best sources for its subcontracted products and services. Many companies source internationally for proven lower costs; then look to benefit from higher quality and lower total costs; still others want to be able to satisfy local content requirements to support its sales commitments.