6. Value Creation for Global Procurement Competitiveness

“There is no foreign land; it is the traveler only that is foreign...”

—Robert Louis Stevenson, The Silverado Squatters

Throughout history, leaders have often been pioneers, especially when exploring and exploiting global opportunities. However, when it comes to global sourcing today, this is no longer the case. Perhaps the best news for companies looking to regain cost and other advantages from current global sourcing programs, or even those investigating new global options for the first time, is that there is no need to be a pioneer. Rather, it is possible to learn from what leaders are doing and how they are leveraging the right set of technologies and approaches to achieve global sourcing ...

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