| As the playing field for global sourcing is leveled, companies must shift their operational priorities to: |
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Build Loyalty through innovative products by focusing on the customer and outsourcing non critical sourcing activity |
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Enhance competitiveness by identifying lowest cost solutions for core programs |
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Benefit from country specific insights by collaborations with sourcing specialists for specific countries or region |
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Control fixed sourcing overheads by building a flexible scalable model where costs are linked to value of goods purchased |
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Identify significant business and operational risks in the global sourcing plan and define a back up plan |