Welcome Thursday, February 23, 2012
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
- Xstrata and Glencore mull $80bn 'merger of equals'
Fri, 03 Feb 2012 11:10:03 - Indian government stands firm on local sourcing conditions
Fri, 03 Feb 2012 11:02:43 - High yen 'killing' Japanese component suppliers
Fri, 03 Feb 2012 10:42:52 - Volkswagen to double India sourcing in 2012
Fri, 03 Feb 2012 10:26:20 - Shell warns of 'continued high volatility' in energy markets
Thu, 02 Feb 2012 11:19:41 - New tyre technologies rev up demand for rubber
Thu, 02 Feb 2012 10:30:05
GLOBAL SOURCING COMMENT
GLOBAL SOURCING ARTICLES
- In Focus: Fears over Euro collapse
Sun, 23 Jan 2011 15:03:52 - The global impact of China's dominance of rare earth metals
Sun, 23 Jan 2011 14:08:11 - 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
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
- Economic View: Stability threatened by currency tensions
Sun, 23 Jan 2011 15:38:28 - World View: China’s dynamic supply market catches western companies napping
Tue, 19 Oct 2010 09:00:06 - 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
GLOBAL SOURCING RESEARCH
- Global Procurement and Sourcing Technologies
Wed, 02 Feb 2011 10:11:41 - 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
