Insource v. Outsource… Domestic v. Global… Direct Source v. Work Through an Integrator… High Minimums or Commit to a Stocking Plan? These are the questions that continually challenge a one-person do-it-all to the most sophisticated purchasing & sourcing teams. What’s the right solution for my company?
If you’ve waded through the murky pools of the above questions and have come to the conclusion that global sourcing is right for your company, the next question is how to identify the right partner to ensure you accomplish your goals. Whether those goals are tied to cost decreases, reduction of supply chain lead-time, reduction of on hand inventory or supplier rationalization, choosing the correct manufacturing company is critical. Below we’ll walk you through the steps to ensure your success: