Sourcing in China 101
Before you begin sourcing overseas, think carefully about what you are doing. What often starts as a simple “bright idea” to save money can end up as a costly goose chase or worse.
Are you looking to improve your bottom line, are you responding to competitive pricing pressures from domestic or overseas competitors or are you plotting out your role in the global market? Think carefully. Many companies locked in the day-to-day lack the circumspection to see what they are doing and what the end game will be.
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