Utility of Global Sourcing - PowerPoint PPT Presentation

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Utility of Global Sourcing

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Global sourcing helps to gain more profit in the business.This PPT is made by focussing on the various global sourcing benefits. – PowerPoint PPT presentation

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Title: Utility of Global Sourcing


1
Benefits of Global Sourcing
By http//www.dragonsourcing.com/
2
What is Global Sourcing ?
  • Global sourcing is widely used in today's
    business.
  • It helps to cut the operating cost of the
    business.
  • The cost of the product is very low in global
    sourcing countries.
  • The labors are also highly skilled.

3
Global Sourcing Benefits
Global sourcing has many advantages. Some of the
global sourcing countries are China,India,Vietnam,
Brazil etc. The advantages of global sourcing are
as follows
  • Cost Reduction.
  • Availability of New Technology.
  • Superior Quality

4
Cost Reduction
  • Cost reduction is one great advantage.
  • Labor cost is also very much low.
  • Cost reduction helps to get more profit in the
    business.
  • Business expansion is also possible.

5

Availability of New Technology
  • New technology is also available in global
    sourcing country.
  • Number of companies source technology.
  • It is because domestic suppliers lack the
    capacity.
  • They re also not making the necessary
    investments.

6
Superior Quality
  • The quality of the product is very high.
  • Many companies praise the quality.
  • It helps to get more customer in the business.

7
Contact Us
8
Thank You
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