Global sourcing is the process of sourcing goods and services from the international market across geopolitical boundaries. It aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, cheaper raw materials and other economic factors like tax breaks and low trade tariffs.
Global sourcing is the process of sourcing goods and services from the international market across geopolitical boundaries. It aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, cheaper raw materials and other economic factors like tax breaks and low trade tariffs.