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While globalization creates many more winners than losers, GHCL's global sourcing meant shutting down Dan River's mills and forcing hundreds out of work.
I.B.M. prefers the term "global sourcing".
However, the regional managers of suppliers are unlikely to embrace global sourcing with enthusiasm.
But they cannot match Walmart's scale, global sourcing network or logistical brilliance.
A case in point: Charles E. Dana, vice president for global sourcing at Owens Corning.
The client's openness to global sourcing helped make the building a reality.
In addition, modern communications technology has enabled multinationals to profit from low-cost global sourcing of labor.
Mr. Castro-Wright will continue to oversee global sourcing and will direct the company's international e-commerce group, called global.com.
"With a diversified global sourcing bases, we can easily shift production and not disrupt our supply chain," Mr. Marks said.
The company also highlighted tight cost controls and said it was enjoying better margins that resulted from new global sourcing operations.
Few deals manage to produce even 1-2% of sales in savings.The reason is partly that the biggest suppliers have not yet woken up to such "global sourcing".
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