International Sourcing: Offshore Or Near Shore?

Sponsored By Grant Thornton LLP

Topics:

Finance & Risk Management > Offshoring , Outsourcing , Supply Chain

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Abstract:

International sourcing is far from a new concept in the manufacturing world. Many large U.S. companies have been outsourcing to various international locations, including China, India, Mexico and other countries, for well over a decade. Yet, according to Grant Thornton LLP’s new survey, conducted in partnership with World Trade magazine, a substantial number of those surveyed recently have made changes or have plans in the near future to bring sourcing closer to home.
Even though a growing portion of respondents are spending more of their respective supply chain budgets on international sourcing, issues such as volatile fuel prices, concerns about supply reliability and shrinking product demand are leading many companies to rethink just how far afield they wish to cast their supply chain’s net.

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Released: July 22, 2009

Length: 5 pages

Format: PDF (168 kb)

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