Global Sourcing: Elusive Profits, Expensive Mistakes
May 18, 2012
Global sourcing has become an essential element of enterprise strategies to reduce the cost of acquiring, building and selling products. Yet, extending supply lines overseas raises complex new commercial and operational challenges. These efforts expose the enterprise to an entirely new universe of investments, costs, partners, liabilities, resource acquisition issues, and management needs.
Expose the hidden pitfalls that organizations can encounter when they move sourcing and supply operations overseas and will examine historic practices for identifying and understanding the total costs and lead times required to bring products to market in this extended supply chain model.
Explore the weaknesses and shortfalls of these historic approaches, why they are ineffective, and why in some cases they are actually counterproductive.
Present “before” and “after” scenarios comparing historic landed cost practices with dynamic global cost control methodologies.
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