Nine tips for low-cost country sourcing

摘要

U.S.companies in greater numbers have heard-and are heeding-the siren's call to source products and parts overseas to reduce overall costs and compete more aggressively at home.A recent study by the Boston-based Aberdeen Group found that CPOs rate low-cost country sourcing(LCCS)a top priority over the next three years,and that companies plan to double their spending with offshore suppliers by 2008.The report also found that purchases from low-cost countries have average cost savings of 10-35% compared to U.S.and Western Europe suppliers.Those numbers alone will gain the interest of U.S.manufacturers,which are always looking to make the most of every penny spent.