Advantages and disadvantages of global sourcing

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Reference no: EM132191072

The course is Coordinating and Managing Supply Chains. The textbook used is Supply Chain Logisitics Management (4th ed., Bowersox et al., 2013) and the chapter is Global Supply Chains.

One of today’s major business challenges specifically impacting logistical management is the dramatic increase in international sourcing, particularly from low-cost countries such

as China. Firms in virtually all durable goods industries are investigating Asia, Eastern Europe, Latin America, and Africa as potential sources for finished goods or, at least, com-

ponent parts. This section reviews the rationale for international sourcing from low-cost countries, identifies some of the specific challenges, and offers some guidelines regarding sourcing strategy.

Discuss some of the advantages and disadvantages of global sourcing?

Reference no: EM132191072

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