Low-cost country sourcing (LCCS) is a strategic tool for companies looking to streamline their procurement operations and reduce operating expenditure. However, it can also pose several challenges in the form of language and cultural barriers, suppliers lacking international contracting experience, inconsistent product quality and barriers to logistics.
Understand how GEP helped a large utility, with over a million customers, identify multiple suppliers to create products as per the desired specifications. The result: a low-cost sourcing option that paves the way for long-term partnership with guaranteed volumes.
A must-read case study for sourcing and procurement professionals looking to capitalize on the benefits that LCCS provides.