those with qualified expertise and take the time to know all
of the basics and the areas in which enhanced knowledge
must be gained.
Some companies are elevating the position of purchas-
ing manager to the highest levels of the corporate ladder. As
global sourcing becomes even more critical, this position
will continue to gain prominence in the corporate structure.
Why Develop Sourcing Options
in Foreign Markets?
The following list provides an overview of why compa-
nies source in foreign markets:
• Unit cost! Products can be made cheaper—period!
• In some cases, products can be made cheaper and
quicker.
• Regulatory controls can be significantly less cumber-
some or even nonexistent.
• Moving plants to foreign locations spreads the risk.
Diversification ...