Question: global sourcing: involves looking for good and services outside one's boarders.it is procument strategy in which firms try to find the most cost efficient place
global sourcing: involves looking for good and services outside one's boarders.it is procument strategy in which firms try to find the most cost efficient place for manufacturing good. according to purchasing and procurement professionals companies should be able to source both inside and outside theire nationals borders. they are then subsequently better able to compete. choose any company in the clothing industry and unswer all three questions
questions 1
critically explain various reasons that may couse an internationals supply to be preferred by your company
questions 2
should your company decide not to opt for global sourcing, critically explain the different ways in which efficient purchasing can contribute greatly to the overall profitability and prosperity of your company.
questions 3
identify and critically discuss different essential steps in the purchasing process by Applying this to your company of choices.
your unswers must include any theories ,charts,exhibits necessary to support your analysis and recommendations.
References-atleast 4 source of Reference (study guide, textbook,internet ect) must be included in your bibliography ,information quotes/paraphrased from sources list in your bibliography mut be referenced in -text .the Harvard system of referencing must be used.
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