Cutting Costs Most Important Factor For International Sourcing
A recent report by the European Commission, Eurostat, found that "By far the most important motive for sourcing in China is to cut costs"
The article continues by saying "China's importance as the 'world's factory' is confirmed by the fact that manufacturing companies in particular have been sourcing there. Furthermore, the functions which manufacturing companies source to China are mainly their core production activities, and much less frequently their support functions. This pattern confirms that the main motivation for sourcing to China is to cut costs rather than to gain access to new markets."
To read the full article click here.
Older News
GMS at the Bed Show 2014 - 22.01.2015
Once again GMS exhibited at the Bed Show 2014 in Telford run by the NBF. The sh...
China's growth slowing, but It's not slow - 03.05.2011
Recent data suggests that China's "export growth speed is slowing". But that doe...
Cutting Costs Most Important Factor For International Sourcing - 25.04.2011
A recent report by the European Commission, Eurostat, found that "By far the mos...
Skyline Featured On The Gadget Show - 21.03.2011
Our client, Off The Wall, has recently had it's product "skyline" featured on th...
Bed Components
Global Material Sourcing has become a major supplier of components to the bedding sec...
Read more
Plastic Components
GMS source a wide variety of plastic components from all over the world. GMS' typical...
Read more
Metal Components
GMS design, manufacture and produce metal components for the UK market. GMS source me...
Read more
Glass Components
GMS source a variety of decorative glass components used in a wide range of our custo...
Read more
Sign up for Email news
