Add a New Bulls Reason Concept: Global sourcing Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Global Sourcing driving the next wave Top Contributor: Paramjeev, PJ Singh Sethi | Last edited on 08/01/08 | Edit | History The increased focus on strategic sourcing by corporations globally has established an important & permanent place for Global Sourcing in the world economy which will only see steep growth in years to come irrespective of volatility in global markets. After the growth of Global Souring in Manufacturing segment including Retail, Consumer Goods, Engineering, etc. in past decades, now Tertiary or Services segment incl. Finance & Investment, Animation, Actuary, Accounting, Software, etc. will witness the fastest growth of over 80% as forecasted by several analysts. Both, 'Sourcing Markets' (Western Europe, USA, Japan, etc.) as well as the 'Supplier Markets' (Japan, Eastern Europe, India, China, etc. Emerging markets) will benefit economic development and work even closer. Major players in procurement consulting and strategic sourcing providers will emerge while new regulatory bodies will be set up at regional and global level. (100 character max) Cancel

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