Many companies today have implemented or are migrating from local procurement to centralized or regional centers of excellence for the procurement and delivery of goods and services for affiliates located in multiple countries. These structures can be complex for any number of reasons such as logistics, unique country-specific operational and other requirements, but also because of local legal, regulatory and tax considerations, many of which have cross-border implications. As a result, companies have adopted various sourcing models.
The full content of this page is only available to SIG Members.
Many companies today have implemented or are migrating from local procurement to centralized or regional centers of excellence for the procurement and delivery of goods and services for affiliates located in multiple countries. These structures can be complex for any number of reasons such as logistics, unique country-specific operational and other requirements, but also because of local legal, regulatory and tax considerations, many of which have cross-border implications. As a result, companies have adopted various sourcing models.