Procure IQ

Despite the disadvantages, which include limited ability to respond to demand changes, high logistics costs in boom economies, and the potential for large currency-exchange losses it looks like economics are going to push many multi-nationals back to China.Consider the following advantages that the global recession has created, as pointed out in a recent article on Sourcing Successfully in the New China by Accenture's Jonathan Wright: Dips in the global economy have left China with lots of excess manufacturing capacity, which exceeds 50% in some industries. Dramatic overcapacity exists in ocean freight, with ...