Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives
SCMDOJO
SEPTEMBER 19, 2024
As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.
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