Global Sourcing has certainly been a trend in recent years and its benefits are clear…..increased cost savings being the primary. As with most initiatives the key is in implementation and a strong recommendation has been to include a Local Procurement Office (LPO) as part of a Global Sourcing program. The LPO is a procurement group [...]
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May 1st, 2006 | Posted in General, Global Sourcing, Global Sourcing for High Performance - Leading practice, Global Supply Issues/Risk, Local Procurement Office, Low Cost Country Sourcing, Supply Management Best Practices
Of course, every one will guess China is one of them (in this case – Silver), but the others? Its America bringing home the Gold. Wheee! The Middle East and Africa tied for the bronze medal.
According to a recent AMR study, the US and China represent the highest risk for manufacturers.
Keeping manufacturing [...]
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July 29th, 2010 | Posted in General, Low Cost Country Sourcing, globalization, supply chain risk