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"Global Sourcing", "Strategic Sourcing"
Procurement for high performance: Global sourcing in the industrial products industry
Leading organizations on the path to high performance are accelerating their global sourcing strategies, driving more aggressive cost reductions, and looking to contract manufacturing to leverage and expand the value of their brand. Most significantly, these organizations plan to double their spending on low-cost country sourcing in the next three years.
Accenture's extensive research into the components of high performance in industrial products shows that global flexibility in sourcing can help companies both compete and grow in today's new and challenging global environment.
The attached point of view, Procurement for High Performance: Global Sourcing in the Industrial Products Industry, reveals that high-performance businesses in the industrial products industry are masters of five procurement-related capabilities. The attachment also contains a cover letter for the point of view.
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