Global Emerging-Market Sourcing: Seizing the Opportunity
Forward-thinking automotive companies are reducing costs through global sourcing
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.
