Global Sourcing. Procurement in China

Focusing on the significance of China as a sourcing destination, this thesis highlights the current underestimation of its potential by many companies. It argues that China is poised to become the premier procurement market, driven by a vast supply base and competitive advantages. The study emphasizes the importance of recognizing and adapting to this shift, as increased procurement from China is anticipated to reshape global competition in the near future, ultimately impacting procurement costs and companies' competitive positions.