1. Principles of Global Sourcing
By http://www.dragonsourcing.com/

2. What is Global Sourcing ?
 Global sourcing is a strategy for business procurement
in order to establish a location which has lower cost for a
manufactured product.
 Currently the companies focusing more on global
markets.
 The moral of global sourcing is to find better supply of
products that has lower cost.

3. Principles of Global Sourcing
 Best Total Value.
 Supplier Incumbency
 Honest, Ethical, and Fair Dealings

4. Best Total Value.
 Sourcing decisions are made based on
the best total value.
 Best total value is driven by business
need.
 It includes a number of components
that include total cost of ownership,
quality of good.

5. Supplier Incumbency
 Stability must be bring in the supply
base.
 An ongoing relationship must be there
with the supplier.
 This factor is a higher value to the
business.

6. Honest, Ethical, and Fair Dealings
 Suppliers must be treated with respect.
 Also suppliers must be deal with honesty,
ethically and fairly.
 Buyers and suppliers must optimize their
working relationship.

7. Dragon Sourcing Johannesburg
140 Highgate, Sunny Road, Lakefield, Benoni, 1500, Gauteng, South
Africa
Tel:+27 (83) 230-9342
Email: contact.south-africa@dragonsourcing.com