Journal of Supply Chain Management · 2003 · 177 citations · 21 references
BusinessStrategic ManagementStrategyGlobal SourcingGlobal StrategyInternational StrategyGlobal IntegrationGlobal ProcurementGlobal Supply Chain StrategyGlobal Supply ChainsInternational SourcingSourcing StrategyAnecdotal EvidenceGlobal Procurement StrategyGlobal Supply Chain IntegrationInternational Procurement StrategyInternational PurchasingInternational Sourcing StrategyPurchasing ProcessesSupplier Sourcing Strategy
Organizations increasingly view global sourcing strategies as attractive to meet competitive demands, yet most lack well‑developed approaches, leaving significant improvement opportunities unrealized. The study aims to provide a detailed understanding of global sourcing to realize these improvement opportunities. The authors propose replacing anecdotal perceptions with research‑based findings to achieve this understanding. The findings clarify the steps needed for supply managers to transition from basic international purchasing to integrated global sourcing strategies.
SUMMARY As organizations think about the best way to respond to competitive demands, the development of global strategies and approaches, including global sourcing strategies, will become an increasingly attractive option. Since most organizations do not have in place well‐developed global sourcing strategies, improvement opportunities are indeed attractive and largely unrealized. Realizing these opportunities requires a detailed understanding of global sourcing. Achieving this understanding demands replacing anecdotal perceptions and accounts of global sourcing with research‐based findings. These findings will help supply managers better understand what it takes to shift from basic international purchasing to integrated global sourcing strategies and approaches.
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