Take No Prisoners: A No-Holds-Barred Approach to Corporate Excellence

Chapter Thirteen. Sourcing and Globalization

If we have learned anything over the last decade it is the global nature of business. Goods and services can and are both bought and sold internationally.

Because the U.S. market is so large and diverse, many foreign producers wish to market their products here, and as a result our balance of payments continues to worsen over time. Unfortunately, I have had to oversee the demise or downsizing of several textile and apparel manufacturing companies whose production costs were too high in comparison to companies in China and Indonesia. In fact, it is estimated that over 200 apparel manufacturers have closed in the United States over the last 20 years with the attendant loss of over one million jobs. In ...