global sourcing

Re: global sourcing

certainly there mus be more than the basic pro's and con's to this issue.

Re: global sourcing

Global sourcing is a term used to describe practice of sourcing from the global market for goods and services across geopolitical boundaries.
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Zoladex
Zoladex

Re: global sourcing

Global sourcing is a term used to describe practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material and other economic factors like tax breaks and low trade tariffs.

Common examples of globally-sourced products or services include: labor-intensive manufactured products produced using low-cost Chinese labor, call centers staffed with low-cost English speaking workers in the Philippines and India, and IT work performed by low-cost programmers in India and Eastern Europe. While these examples are examples of Low-cost country sourcing, global sourcing is not limited to low-cost countries.

They say that global outsourcing is a threat but let's just look to the brighter side, if there's no outsourcing firms how can small and medium businesses that lacks experienced staffs and professionals grow and expand? They need the help of outsourcing company because they still can't hire expensive and experienced staff to do specific work for their company. When they expand that's the time they can decide whether they will hire an in-house staff or still continue to outsource. Of course who's not in for cheaper labour cost, high quality and efficient outcome right?

Regards,
Offshore Business Processing BPO Services Firm