SPONSORED LINKS
- Best Cost Country Sourcing: The Evolution of Low Cost Country Sourcing
- Supply chain management: How to build a successful global operations model
- Universities explore procurement lessons learned from private-sector companies to achieve high performance (University Procurement Viewpoint)
- India meets the World
- Where East Meets West: Driving high performances in low-cost country sourcing.
- World views: Achieving high performance through effective global operations
RELATED NEWS
- Olympic committee launches sustainability code
02 Dec 08 - Poland cuts rates as turmoil spreads east
27 Nov 08 - India looks to China for sourcing needs
21 Nov 08 - WH Smith pushes the envelope with sourcing improvements
18 Nov 08 - Procurement negotiations move up a gear
13 Nov 08 - Trade surplus growing but sourcing still looks east
12 Nov 08
RELATED ARTICLES
- Scarce supplies and a local emphasis - welcome to 2016
- Number crunching
- Mark Selawry - Five star service
- Three cases for Africa
- Eastern Europe bridging sourcing gap
- African Adventures
KNOWLEDGE MANAGEMENT TAGS
"Global Sourcing", "Strategic Sourcing"
Companies looking closer to home as soaring shipping costs take hold
The increased cost of transportation across the world could see a rise in local sourcing, a new report from PricewaterhouseCoopers has claimed.
“Global Sourcing: Shifting Strategies”, said that global retailers may soon begin looking closer to home as high shipping costs from countries such as China and India take their toll.
According to the report, soaring oil prices, record ship-hiring rates, and huge hikes in the price of food were prompting companies to find reliable suppliers within their own borders.
According to the PwC survey, which involved interviews with 59 executives in 8 countries, cost inflation is the top concern for three-quarters of global retailers and consumer companies.
However, nearly all companies (90 percent) said that they expected quality control to replace costs as their top concern in the future.
= Online Global Members Only 
= Premier Members Only
