What are some successful global sourcing examples?
Successful global sourcing examples include companies like Apple, which sources components from various countries to optimize costs and quality.
Can you give me more details about Apple's sourcing strategy?
Apple uses a strategy of diversifying its suppliers across different regions, ensuring quality control and reducing risks.
What other companies are known for effective global sourcing?
Companies like Nike and Walmart are also known for their effective global sourcing strategies, leveraging international suppliers for cost efficiency.
How do these companies manage risks in global sourcing?
They manage risks by diversifying suppliers, conducting regular audits, and maintaining strong relationships with local partners.
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