Forbes  Mar 9  Comment 
Tim Hopper is responsible for the social and environmental activities of Microsoft’s indirect spend suppliers. Tim is a member of the International Association of Outsource Professionals (IAOP) Corporate Social Responsibility committee, the...
The Times of India  Feb 19  Comment 
Furniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,28,600 crore).
The Economic Times  Feb 18  Comment 
Furniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,28,600 crore).
The Hindu Business Line  Nov 9  Comment 
The Railways on Monday issued the letter of award, officially confirming the contract to GE Global Sourcing India for manufacture and supply of diesel locomotives to the Marhowra...
Automotive World  Apr 21  Comment 
Global sourcing strategies are giving way to local sourcing as OEMs seek to reduce the vulnerabilities and logistics costs associated with long supply chains, writes Indraneel Bardhan of EOS Intelligence The post Local sourcing – it’s the...
Automotive World  Mar 9  Comment 
Driven by changes in the way that vehicles are designed and manufactured, the value of sales at leading high-speed logistics specialist Evolution Time Critical have grown by 18% in the last year and has almost doubled in three years. Rapid...
DailyFinance  Jul 16  Comment 
Hampshire Group, Limited (OTC Markets:HAMP) today announced that it has signed a Master Supply Agreement with Levi Strauss & Company in which Hampshire will supply knit shirts, woven shirts and sweaters to Dockers’ global...
Cloud Computing  Feb 27  Comment 
GT Nexus today announced that it has been selected by TOMS to provide the cloud supply chain technology platform to support global sourcing and import operations at the rapidly growing footwear and eyewear company. TOMS will use the technology...
Wall Street Journal  Jan 22  Comment 
Wal-Mart is warning suppliers that it is adopting a "zero-tolerance policy" for violations of its global sourcing standards. Suppliers who don't comply will be cut off immediately, in contrast to a previous "three strikes" approach.
Forbes  Jan 14  Comment 
After the market closed on Friday, Li & Fung announced that last year's operating profit was expected to fall 40%. The global sourcing company blamed ongoing restructuring costs and provisions at its business in the U.S. All other parts of Li &...


The term global sourcing refers the practice of obtaining materials for production or resale from abroad. The term usually describes developed-world companies purchasing material from less developed areas to achieve cost savings.

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