Global Transactions: Managing Risks in Global Sourcing
Date
2006-10-19T00:00:00Z
Authors
Supervisor/s
Journal Title
Journal ISSN
Volume Title
Publisher
Department
Type
Article
ISSN
0174-7363
Format
Free to read from
Citation
Richard Wilding and Alan Braithwaite, Global Transactions: Managing Risks in Global Sourcing, "Effective Sourcing for Transaction Success – Untangling Sourcing and Transactions" Financial Times – Mastering Transactions Supplement & FT.com - Friday 19th October 2006.
Abstract
The policy of global sourcing is a strategic imperative for many businesses; it has raised the competitive ‘bar’ to the point where it has become a qualifier for survival rather than a competitive edge in its own right. There has been huge investment to secure low unit costs through the chain and drive volume and margin simultaneously. The low wage areas of Asia have attracted high labour content work from garments to computers to consumer products to engineer