Explain when it's comes to global sourcing what types of transportation problems do companies consider?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Explain when it's comes to global sourcing what types of transportation problems do companies consider?

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Introduction

When raw materials for production are sourced from a foreign country, this is referred to as global sourcing. It entails acquiring the necessary raw materials for local production or directly importing an item for sale and revenue generation. Global sourcing benefits an economy and improves a country's ranking on international trade indices.

 

 

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