Trends in Global Sourcing – PwC

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Trends in Global Sourcing – PwC

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This session covers:

  • Challenges and Capability Investment Trends
  • The geopolitical landscape is prompting companies to build mitigation strategies to combat regulatory and supply risks
  • We must recognize that “lift and shift” out of China is not a straightforward proposition — new capabilities and a SWAT team orientation are needed
  • Beyond most immediate challenges of Asia sourcing, companies must prepare for three possibilities
  • Companies are being tasked with redefining their capabilities to address their supply resilience needs
  • Our Global Sourcing Strategy Survey focused on challenges & strategic plans of sourcing executives
  • Geo-politics risk and the need to move and adapt is top of mind for sourcing executives
  • Sourcing leaders plan to focus on ensuring capabilities in areas that most impactfully mitigate risk and influence cost, supply and quality
  • Sourcing leaders recognize that skill gaps exist specific to Supplier Management, Design, Should-Cost Modeling and Negotiation
  • Despite global macro concerns, sourcing leaders are prioritizing criteria to improve speed to market and costs when evaluating new locations
  • Sourcing executives are focused on expanding their footprints and improving their capabilities in light of supply chain uncertainty

 

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