Essay
Global Sourcing vs. Local Sourcing
- Module
- Strategic Sourcing (MSCI575)
- Institution
- Lancaster University (LU)
The essay discusses the merits and demerits of both global and local sourcing and attempts to answer the question: which is better? the author explains the terms nearshoring, backshoring, reshoring and other relevant terms. The hidden costs of offshoring and outsourcing are also discussed. It explo...
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