Global
Sourcing
Global sourcing
definition is: "proactively integrating and coordinating
common items and materials, processes, designs, technologies, and suppliers
across worldwide purchasing, engineering, and operating locations."
Global sourcing
is to describe strategic sourcing
in today's global setting. Its a major procurement
strategy. Global sourcing often aims to exploit global efficiencies in the
delivery of a product or service. Common examples of globally-sourced products
or services include: labor-intensive manufactured products produced using
low-cost Chinese labor, call centers staffed with low-cost English speaking
workers in India, and IT work performed by low-cost programmers in India and
Eastern Europe. While these examples are examples of Low-cost
country sourcing, global sourcing is not limited to low-cost
countries.
Global sourcing
is often associated with a centralized procurement strategy for a multinational,
wherein a central buying organization seeks economies of scale through corporate-wide
standardization and benchmarking.
The global
sourcing of goods and services has advantages that can go beyond low cost.
Some advantages of global sourcing, beyond low cost, include: learning how
to do business in a potential market, tapping into skills or resources unavailable
domestically, developing alternate supplier/vendor sources to stimulate competition,
and increasing total supply capacity.
International
sourcing take primary responsibility for identifying and developing key suppliers
across sourcing categories and help satisfy periodic sourcing requirements
of the customer organization, help provide focus in country-based sourcing
efforts. Particularly in the case of large and complex countries, such as
China, where a range of sub-markets exist and suppliers span the entire value
chain of a product/commodity, international sourcing provide essential on-the-ground
information.
We
expertise in high-end China Products
Apparel,
baby wear and baby feeding, health products, energy saving products, high
tech products
Garments
& Textiles:
Fabric • Fiber & Yarn • Garment Display Supplies
• Garment Trimming Supplies & Accessories • Men's & Women's Apparel
• Men's & Women's Fashion Goods, Accessories & Services • Non-Fabric
Materials • Production & Manufacturing Machinery • Textile Packaging
& Printing • Textile Supplies & Services • Underwear & Swimwear
Please Contact:
| HONG
KONG Office: |
| Unit
11, 15/F, Metropole Square, 2 On Yiu Street, Shatin, N.T., Hong Kong.
Tel: (852) 2572 0933 Fax: (852) 2572 9725 email: hongkong@formalwin.com |
| |
| PRC
GZ Office: |
|
FormalWin Co.Ltd. Tel: (020) 8331 2043
Fax: 86(20) 8332 0017 email: gzkrgl@pub.guangzhou.gd.c |