India Retail News

Global Sourcing: Shifting Strategies

Global Sourcing: Shifting Strategies is a survey of nearly 60 large retail and consumer goods companies in eight countries: Australia, Canada, China, France, Germany, India, the UK and the US. The report delivers thought-provoking findings. According to the survey, the practice of global sourcing in the retail and consumer sector is thriving, but many companies are not particularly clear on their cost savings or confident of product safety and other key risks. Cost is still the primary driver of global sourcing decisions. The report also contains practical recommendations on carbon footprint, supplier risk management, performance measurement and tax.