Despite Economic Recession, Sourcing Remains a Strong Trend

Posted by Emily Thornton on Tue, Jun, 23 2009 @ 6:20 AM

Even though most corporations have implemented cost-cutting measures in recent months, one trend remains prevalent. MFGWatch conducted a survey on more than 200 purchasing professionals and engineers in the manufacturing industry, and 69% said that in the past year they had maintained or grown sourcing. Here's Logistics Today's analysis of the survey results: 2008 Sourcing Needs Stayed Steady, 2009 Big Moves are on Hold

In order to reap the cost-saving benefits of sourcing from all over the world, it is important to have an efficiently managed supply chain. Using a software solution such as Management Dynamics can ensure that you are communicating efficiently with all of your trading partners.

Topics: Global Sourcing, Sourcing Analysis

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