article thumbnail

The Pros and Cons: International and Domestic Sourcing

Unleashed

Low-cost country sourcing is a procurement strategy that falls under a broad category of procurement efforts called global sourcing. You’ll also likely have better production control oversight to ensure that your suppliers are meeting deadlines and quality requirements. Risks of sourcing domestically. Resource availability.

article thumbnail

COVID-19 in 2021: Supply Chain Organizations’ Biggest Concerns

DynaSys

Riots and violent protests connected to the pandemic have occurred diverse places like Serbia, Nigeria, Bolivia and even Berlin. Understand your risk/reward choices and your alternatives, and develop mitigation plans for moving forward as reality meets your forecasts. Product line reconciliation opportunities. Network Design.

article thumbnail

New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Antarctica. Antigua and Barbuda.