Accelerating Change Makes Global Sourcing A Competitive Consideration For Every Businesses Transforming Your Business Is The Mandate For Today's Global Market ORGANIZATIONS DRIVE GLOBAL SOURCING THROUGH COLLABORATION Mid-market firms are just waking to the reality of global sourcing they face through 2007. Global sourcing is a set of business strategies that enable enterprise transformation, support access to new markets, and use key geographic regions as sources of lower-cost products and services, but beyond simple cost-driven motives. Currently, purchasing goods or services from sellers located anywhere in the world is deeply rooted only in larger organizations or agriculture, where commodities trade has been common. Mid-market companies find global sourcing harder because of less access to information about options and risks, less expertise and inadequate tools to manage distant suppliers, and the previously high cost of support infrastructure, not distributed across the scale of the larger firms. However, global business is the reality for firms of every size as competitive barriers fall. |



