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Successful Domestic Sourcing Plan

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Running Head: STRATEGIC PLAN OUTLINE STRATEGIC PLAN OUTLINE Name of the student Institution Affiliation 1 2 STRATEGIC PLAN OUTLINE STRATEGIC PLAN OUTLINE Successful domestic sourcing plan Successful international sourcing plan Domestic sourcing is defined as process or International sourcing is the practice of activity of contracting for services or goods sourcing good and services from the which are manufactured within the same international market country. Successful domestic sourcing plan entails: Successful international sourcing plans entail Easy communication channels between the Sourcing to a country with low labor costs buyers and the domestic vendors to and good quality control. necessitate agreements on quality trends and future needs. Short lead times; successful domestic Sourcing to a country which can be accessible sourcing is associated with shorter lead time with fewer steps in the transportation process. Security assurance; successful domestic Sourcing to a country where there is no sourcing maintains good security and is most language barrier. ideal for sensitive technology. Considerations of demand and flexibility in Trusted business cont ...
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