Best-Cost vs. Least-Cost Sourcing
MARCH 27, 2013
A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. One is the thought process around best-cost sourcing versus least-cost sourcing.