Question: global sourcing :involves looking for good &services outside one's borders.it is procument strategy in which firms try to find the most cost efficient place for
global sourcing :involves looking for good &services outside one's borders.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 ctircally explain various reasons that may coase an internationals supply to be preferred by your company.
questions 2 should you company decide not to opt for global soucing ,critically explain them 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 Appling this to your company of your choice.
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