The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. 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.

Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. Bolivia. The sourcing department is challenged by increasing compliancy issues. And Manufacturing needs to be agile to keep up with rapid changes in the market. A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way.

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Bolivia. Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. The supply chain solutions for the 24-hour economy lie primarily in a flexible IT platform which enables the various internal software applications, such as for manufacturing execution, warehouse management and transport planning, to be connected to external systems such as for customs handling.