Global Emerging-Market Sourcing: Seizing the Opportunity
Forward-thinking automotive companies are reducing costs through global sourcing
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2006-01-26 03:43 PM
Global sourcing, low-cost sourcing, emerging-market sourcing, offshoring. Whatever phrase you use, they all point to a new significant trend within the procurement business. Global sourcing is a buzzword in automotive companies that are attracted by the prospect of low costs, proximity to markets and increased profits. Forward-thinking companies are already pioneering their way to greater success while other, more cautious businesses are looking to global sourcing as a way to turn around their fortunes.
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