Outsourcing Blindly
Filed in archive Best Practice by Carol Kendrick on May 24, 2007

for their companies.This should not be the case in outsourcing. In fact, George Stalk Jr., the author of the report entitled Surviving the China riptide: How to profit from the supply chain bottleneck pointed that companies doing this are walking into a "strategic trap".
The trap was explained as "thinking that sourcing from China will result in lower product costs, when in reality the supply chain dynamics will, in many cases, drive up overall costs and reduce profitability."
Now that you have learned about this trap, I suggest that you change your attitude and make sure that you have the right approach in outsourcing.
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