One Vendor's Quest to Garner a Global Sourcing Ecosystem
P.J. Jakovljevic - October 12, 2007

Many articles by TEC and other sources have depicted in great detail not only the opportunities of global sourcing for retailers and their manufacturer suppliers, but the potential perils as well. There has indeed been much talk about globalization and its effects these days on business, and there is no doubt that competing corporations are increasingly butting heads in the global playing field. Yet competing in supply networks that cross borders inevitably adds many more problems for companies to contend with compared to doing business in a single local market, where competitors have to abide by the same rules and regulations; invoice and pay in the same currency; communicate in the same language; and pay about the same rates for labor wages, supplies, and materials...