Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace

There has been a trend in U.S. manufacturing for over 50

years to find less expensive sources of the products and ser-

vices consumed by American and global demands. This

trend has seen exponential growth in the last 10 years as the

global markets continue to expand and corporate executives

are competitively forced to reduce costs and supply products

at lower prices. This is almost comparable to a never-ending

economic spiral—where it will end and the consequences,

nobody knows.

One can argue from varied perspectives on what is driv-

ing this trend, but it is clear that retailers and consumers are

finding greater market share, growth, and new business de-

velopment, the primary beneficiaries of cheaper wholesale

product costs.

Many U.S.-based manufacturers ...