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Global sourcing strategy can pro-actively enhance the competitive position of an organisation by integrating the procurement requirements across worldwide business units. For this purpose, a
Global sourcing strategy can pro-actively enhance the competitive position of an organisation by integrating the procurement requirements across worldwide business units. For this purpose, a close coordination among purchasing, R&D, manufacturing, operations, and marketing on a global basis is required to facilitate common materials, technologies, processes, and suppliers. However, there are several risks associated with global sourcing and thus organisations must mitigate these risks through proactive planning and a rigorous global procurement process. For an organisation of your choice, you are asked: (a) to critically examine the global sourcing methods and propose a global procurement strategy which can lead to procurement excellence and improve the
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