Welcome Friday, September 03, 2010
Global Sourcing
As the need to gain competitive edge tightens, companies that were once content to cultivate their local and national markets are now keen to globalise their operations and tap into new markets.
Global sourcing, and specifically low-cost country sourcing, is a hot topic. Legitimised by early pioneers, offshore providers proved their value as alternative resources. Companies initially questioning why you would source from low-cost countries are now asking: why wouldn't you?
As familiarity with the available opportunities has increased, so more enlightened companies have come to focus less on achieving incremental cost improvements and, instead, are evaluating all their capabilities to define a winning global sourcing strategy.
They see global sourcing as a long-term strategy rather than a tactical solution for short-term goals.
The global deployment of work has its critics, but it can be argued that it holds huge opportunities for procurement: companies can benefit from lower costs, faster times-to-market and access to a massive pool of skilled resources, resulting in substantial value to the bottom line.
GLOBAL SOURCING NEWS
- Burger King drops palm oil supplier
Fri, 03 Sep 2010 09:12:55 - Supply chain inefficiencies cost Indian businesses $65bn annually
Fri, 03 Sep 2010 08:26:50 - Gold imports to India surge
Thu, 26 Aug 2010 09:11:48 - Singapore crowned world's largest container port
Thu, 26 Aug 2010 08:42:55 - Analysis: The impact of airline alliances
Tue, 24 Aug 2010 08:53:59 - Markets bet on wheat and corn price hikes
Tue, 24 Aug 2010 08:42:40
GLOBAL SOURCING COMMENT
GLOBAL SOURCING ARTICLES
- Sustainability: Cargill to assess palm oil suppliers
Thu, 19 Aug 2010 09:33:21 - Profile: Siemens CPO, Barbara Kux
Tue, 17 Aug 2010 14:47:49 - In Focus: Wages issues in China impact on global sourcing
Tue, 17 Aug 2010 14:24:15 - China moves to protect intellectual property
Fri, 25 Jun 2010 13:33:40 - New VP of Purchasing at Heinz gives procurement a commercial feel
Thu, 11 Feb 2010 17:17:12
GLOBAL SOURCING PRESENTATIONS
The Big Debate. What is the future of procurement?
Procurement has already changed in most large organisations from a mainly transactional back office role to a more central, strategic function with executive-level reporting lines. But how will the changing economic and supply market dynamics, as well as new trends, affect your operations in the next 5 years?
‘CPO Talk’ - How to tackle raw materials and commodity inflation
No company can escape overall trends and in current times of rising commodity prices and inflation there is only so much we can do. However, the pressure for procurement is on and even small victories can offer competitive advantage and reduce the negative impact to the bottom line.
GLOBAL SOURCING OPINIONS
- World View: China not losing appeal as sourcing destination
Wed, 18 Aug 2010 08:26:36 - Economic View: The impact of depegging the yuan
Tue, 29 Jun 2010 10:03:17 - World View: Clear communications key to China sourcing
Tue, 29 Jun 2010 09:48:29 - Network view: Growing pains
Wed, 17 Dec 2008 14:21:00 - Opinion: We make politicians’ dreams come true
Fri, 13 Jul 2007 10:18:00
GLOBAL SOURCING RESEARCH
- The Changing Face of Global Procurement
Wed, 02 Sep 2009 13:41:31 - Sourcing in Vietnam - Survey 2008
Fri, 09 Jan 2009 14:26:00 - Best Value Country Sourcing - A Paradigm Shift for Global Sourcing Approaches
Tue, 02 Dec 2008 13:01:09 - Sustainable Procurement Agenda
Mon, 08 Sep 2008 11:41:00 - Sourcing in China - Trends and Best Practices - Survey 2006
Thu, 04 Sep 2008 08:35:00
