Global Sourcing

June 2002
Logistics & Transport Focus;Jun2002, Vol. 4 Issue 5, p14
Trade Publication
This article presents results of a research study conducted by the Institute of Grocery Distribution, which generally predicts the steady growth of global sourcing. The research findings predict that factors such as declining trade barriers, rising price transparency and advances in technology will combine to make global trade easier. As a result, retailers will seek out new suppliers in new markets to meet consumer demands, particularly those related to variety, availability and price. At the same time, suppliers will continue to rationalize and consolidate brands and manufacturing facilities. Retail globalization will drive the emergence of a small group of large retailers keen to realize cost savings throughout the supply chain.


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