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The Pros and Cons: International and Domestic Sourcing

Unleashed

When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing.

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

Countries worldwide have announced policies to promote the shift toward green technologies—especially electric vehicles (EVs). In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. billion in 2022.

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