Unformatted text preview: advantage compared to the domestic companies. 12. For companies just entering the global sourcing, they might want to partner with another company who has been the business for a while or even hire a third party and cooperate with them and learn from them. They can also look at previous firms and what they have done when first entering. To prevent long lead times, companies can do test trials and determine how much longer it will take for things to arrive. They can work with the international firm more closely to cut down on led times too. To bridge the gap of the other countries’ language, culture, and business practices, a translator can be hired. Or even someone within that country in order to make sure the business isn’t disrupted by the cultural differences. Also the company should research the business practices. To make sure the company doesn’t have a resistance to change, the advantages and disadvantages should be weighted, in order to fine what works best....
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- Fall '08
- Corporation, David Lum SCM, International sourcing differs, domestic sourcing companies