Global sourcing is widely used in today's business.This PDF is made by http://www.dragonsourcing.com/
focussing on the various global sourcing strategies.
2. What is Global Sourcing ?
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Global sourcing is widely practiced
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It helps to gain more profit in the business.
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Also the cost of the product is very low.
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The manufacturers are also highly skilled.
They have the capability to manufacture any kind of
product.
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3. Global Sourcing Strategies
Global sourcing brings more profit in the business. It also
helps to extend your business. The sourcing agent of the
global sourcing countries helps you to identify the proper
global sourcing countries. But one needs to follow some
global sourcing policies.
E-Bidding.
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ERP
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E- Sourcing
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4. E-Bidding
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E-Bidding is a global sourcing strategy
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It is a great way to bit down pricing.
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Quality is also assured in E-Bidding.
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Bidding is an effective sourcing strategy.
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Successful bidding requires marketing knowledge.
5. ERP
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ERP ensures better supply chain management.
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Previously ERP was used by large organizations.
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Now it also used by small and medium sized organizations.
Many companies also used cloud based software to mange
their global sourcing.
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6. E-Sourcing
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E-sourcing of suppliers is another emerging trend.
Here the identification,qualification and consideration of
international suppliers and logistics is done through the
internet.
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E-sourcing is much better than offline sourcing.
E-sourcing is more popular as suppliers reputation is at
stake.
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