by Deb Dulal Das | Apr 26, 2024 | Blog, Global Sourcing
Technology profoundly impacts global sourcing, revolutionizing how companies approach international supply chains, manage relationships, and optimize operations. Below is a detailed analysis of the specific technological advancements and their significant...
by Deb Dulal Das | Apr 16, 2024 | Blog, Global Sourcing
Global sourcing is a critical strategy. Many industries use it to optimize production, cut costs, and access more resources and technologies. Here, we explore the extent and specifics of how different sectors utilize global sourcing. Electronics and Technology The...
by Deb Dulal Das | Feb 29, 2024 | Blog, Global Sourcing, Sourcing
Adidas is a large international company that specializes in athletic apparel and gear. Their worldwide sourcing approach prioritizes the environment and ethical standards. The company increasingly relies on suppliers outside of Germany for 97% or more of its products,...
by Deb Dulal Das | Feb 12, 2024 | Blog, Global Sourcing, low-cost country sourcing
Low-Cost Countries Sourcing (LCCS) is a procurement strategy used by companies to source materials, goods, and services from countries with lower labor and production costs to reduce expenses and improve profit margins. The countries identified for LCCS can vary over...