Outsourcing has already become a well-accepted business strategy. Every small and big organization is outsourcing some of their products, or part of their products, or the process involved in the manufacture of a product. The buzzword today is global sourcing. Organizations are moving to a global sourcing model for broader reasons-to improve productivity, to focus on core competencies, to increase flexibility, to tap the best talent around the globe, and to provide an 24/7 staffing capability. For most of them today, global sourcing is a ‘when’ and not an ‘if’ proposition. This book, Global Sourcing attempts to enable the reader to understand the factors that led to a sea change from local manufacturing to global sourcing, the implications therein and the current trends emerging in various countries and sectors, when it comes to global sourcing on a large scale. It helps the reader understand the intricacies of global sourcing, the challenges faced by both or multiple parties in the outsourcing contract. The book presents information, analysis and insights that give a picture of the outsourcing scenario round the globe, upcoming opportunities and limitations supported by various case studies on India emerging as a major player in the outsourcing market. It presents major issues like social and economic implications of global sourcing on USA, the factors that greatly influenced the growth of global sourcing and the trends prevailing in various sectors relating to shifts of manufacturing facilities and labour pools. It also gives readers vibrant opinions in the form of an interview with a contemporary author and takes into consideration the rising influence of China and India.
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