Global sourcing & Regional procurement hub

Global sourcing, as a big lever to reduce product cost, plays a critical role for a company, especially for multinational corporation’s (MNCs). Herewith regional procurement hub is one key organization set up in this aspect. To support on regular daily sourcing activities and benefit from cost is the key responsibility, like supplier negotiation, quality control, expediting, coordination. Does that mean everything for a regional procurement hub? What’s more regional hub could contribute, and how the future organization to adapt the business demand? Continue reading →