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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. This strategy involves a country from a high-cost country area — typically US, UK, Canada, Australia, and West European nations — purchasing materials from resource-rich low-cost countries; think China, India, Indonesia, Bolivia, Brazil, Russia, Mexico, and East European nations. Managing long-distance and often complex supply chain.

“Too Big to Fail”: 10 Things you Need to Know About El Niño

Elementum

Deemed “too big to fail” by NASA , the weather event will impact supply chains at every stage. As the event starts to take effect, here are ten things you should know about how different weather systems will impact your supply chain. During the 1997 El Niño, droughts in Indonesia and Argentina caused mining activity to halt, raising prices of copper, zinc, and nickel. El Niño is officially set to wreak havoc around the world—starting now.