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

shortfall in the decision-making process is failure to factor in

the total costs in the import and export supply chain. Very

clear, identifiable costs and varied and numerous hidden

costs make up the total accumulated costs relative to deter-

mining what it actually costs to import or export competi-

tively. It is imperative for companies to perform a complete

evaluation to make sure it is exercising good judgment in

purchasing options, as well as to fairly compare vendor and

supplier choices and all of the other variables in the global

supply chain.

All companies look for a less expensive purchase. But the

purchase price is only one component of the cost to import

and export products and services. Depending on the prod-

ucts, weights, densities, dimensions, ...