Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Quality-oriented Procurement in China as a Low-Cost Country

Quality-oriented Procurement in China as a Low-Cost Country

Ostertag, Manja

Paperback

Business General

ISBN10: 3836484293
ISBN13: 9783836484299
Publisher: Vdm Verlag
Published: Apr 7 2008
Pages: 104
Weight: 0.33
Height: 0.22 Width: 6.00 Depth: 9.00
Language: English
China as well as other low-cost countries have gained increasingly in significance as procurement markets for companies aiming to optimize their supplier basis as well as the cost performance within its supply chain. Low-cost countries like China can provide products and services at a significant lower price level due to lower labour, manufacturing and overhead costs. But next to the tremendous chances provided by these procurement markets companies intending to source in these countries and benefit from the local market conditions are increasingly faced with peculiarities and challenges which can influence the whole sourcing process. A different culture, mentality and business behaviour, the non-transparency of the market and supplier structure as well as a partially underdeveloped quality consciousness require the modification of traditional sourcing processes. The application of quality assuring procurement instruments within each sourcing step as well as a sensitive and reasonable sourcing approach are thus indispensable for a successful sourcing project in China an other low-cost countries.

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