Competitor analysis

Business

Procurement

Global strategy

Strategic financial management

Epistemology

Macroeconomics

Engineering

Marketing

Industrial engineering

Philosophy

Economics

Quality (philosophy)

Production (economics)

World class

Strategic planning

Strategic sourcing

Industrial organization

Marketing Intelligence & Planning

Global procurement is not a simple or easy solution to a company′s sourcing needs. With new markets and changing competitors challenging established business, global sourcing is now offering an opportunity for organizations to meet these challenges on a global basis. Discusses the varied interpretations and significance of global sourcing as an ingredient of success, emphasizing the link between world‐class production/quality, marketing and procurement. From these discussions and empirical evidence, provides a matrix of management choices to facilitate the selection of worldwide sourcing strategies most appropriate to corporate goals.

Global Procurement: Motivations and Strategy