| Planning Contracting Administration Logistics Management Development Implementation |
Source from a Global Marketplace
| Traditional | Best Practice |
| Domestic sources dominantly used
International sources examined reactively |
Global sources identified proactively
Worldwide sources actively quoted International sources used where lowest total cost of ownership can be achieved |
| Rationale | |
|
|
| Details | |
| Companies should develop a process for identifying international sources, prioritize commodities targeted for global sourcing, and develop total cost of international sourcing analysis methodology. |
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Best Practice | Case Study | Commentary
April 7, 2000
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