Could you escape hearing about global sourcing these days even if you wanted to? (Of course, why would you want to?) From outsourcing to outright sourcing, it's all about India, China, and a few other international hot spots. Now we know how electronics Buyers must have felt in the 1980's when Japan started producing so many electrical devices.
Every magazine, every newsletter, and website devoted to Purchasing talks about this subject of Global sourcing and doing business overseas.
Do you just read about it, or are you and your company actively taking part in it? If you are involved in overseas sourcing, what caveats do you have to share that might make it easier for others to enter the arena?
Things that you might want to comment upon include:
- Shipping time
- Business ethics
- Cultural issues
- Long distance management
For guidance, don't forget the Global Industrial Supply Marjeting Organization.
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