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Global sourcing

Concept

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Global Sourcing driving the next wave

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... read more
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This article describes a concept which could impact a variety of companies and industries. The article lists companies that could benefit or be harmed by the trend. To see what companies and articles reference this concept page, click here.

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.

Retrieved from "http://www.wikinvest.com/concept/Global_sourcing"
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