16 Leadership
GLOBAL TRANSACTIONS:
MANAGING RISKS IN GLOBAL SOURCING
The policy of global sourcing is a strategic imperative for many
businesses; it has raised the competitive ‘bar’ to the point where it
has become a qualifier for survival rather than a competitive edge
in its own right. There has been huge investment to secure low unit
costs through the chain and drive volume and margin
simultaneously. The low wage areas of Asia have attracted high
labour content work from garments to computers to consumer
products to engineering. Success in global sourcing requires high
levels of transparency, knowing what is coming and testing for
events that have not happened as planned; this requires the
proactive co-operation of all the parties in the chain.
Supply Chain Digital Launch 2007
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36