barriers_to_worldwide_sourcing

May 19th, 2016
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Barriers to worldwide sourcingCompanies with little or no international experience often face obstacles or barriers whenbeginning worldwide sourcing. These barriers include;a) Lack of knowledge and skill concerning global sourcingThese shortcomings include a basis lack of knowledge about potential sources of supply or a lackof familiarity with the additional documentation required for international purchasing.International documentation requirements include;Letters of creditMultiple bills of ladingDock receiptsImport licensesCertificate of originI

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