Role of Global Sourcing in the Modern Supply Chain of FMCG Industry
The purpose of this article is to provide insights the role of global sourcing in the FMCG industries.The Research methodology is based on survey; a survey has been conducted for collection of the required data from 389 companies.And find to the role of global sourcing in the modern supply chain of FMCG industry.The key findings of this research paper shows that”s lack of top management commitment,huge inventory is in-transit,and these type of inventory has high risk factor,usually due to longer lead time,Supplier selection and supplier development have huge financial investment,Volatile exchange rate.Other the other hand many motivating factors include in the global sourcing; learning skills from the foreign base supplier(relationship building),less regulations by supplier”s government,financial incentives including tax breaks and low tariffs,create competitive edge in the market,increase to the customers” satisfaction,access to the international markets.Companies can minimize to the barriers of global sourcing; firms before going towards execution phase,they need to consider the following factors: Supplier”s service level,capacity of the suppliers,suppliers are agree to sharing information with company,suppliers” processes and technology is compatible with buyer”s company.This article will contribute in the existing knowledge and find out the latest role of global sourcing in the FMCG Companies” Supply Chain Management.How companies can minimize to those challenges effectively.
Global Sourcing FMCG Quality Collaboration Lack of Top Leadership Commitment Exchange rate
Syed Abdul Rehman Khan
Logistics Engineering & Management Department School of Economics &Management,Chang”an University,Xi”an,China
国内会议
China Marketing International Conference 2015 (2015中国市场营销国际学术年会)
西安
英文
17-26
2015-07-24(万方平台首次上网日期,不代表论文的发表时间)