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Global sourcing has become an essential element of enterprise strategies to reduce the cost of acquiring, building and selling products. Yet, extending supply lines overseas raises complex new commercial and operational challenges. These efforts expose the enterprise to an entirely new universe of investments, costs, partners, liabilities, resource acquisition issues, and management needs.
The result is that sourcing initiatives often do not deliver projected cost savings and profits, because the risks and costs of longer, more complex cross-border supply chains were not properly understood, tracked and managed.
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