Getting the greatest value for every dollar spent has become a common business imperative that has resulted in a dramatic increase in global sourcing. These days, companies are including global sourcing as part of their procurement strategy with the aim to exploit global efficiencies in the delivery of a product or service.

Shanghai, China (March 21, 2008) /China Newswire/ — marcus evans Advanced Global Sourcing training will take place on the 7th and 8th July, at Four Points By Sheraton Hotel in Shanghai. This workshop is designed to provide participants with a proven process with which to implement global sourcing initiatives that is based on the practical experience of others involved in international buying.

China has a large, low-cost labor pool, which attracts companies with high-volume, transaction-based business processes. The domestic market has grown into the largest single market for many US and European multinationals in Asia Pacific and has also become a favored global sourcing destination. In addition, numerous large Korean and Japanese companies have aggressively integrated their China operations into their global supply chain. As a world manufacturer, China is playing a more and more important role in global supply chain, not only as the outsourcing destination for the developed countries, but also the outsourcing and insourcing center for most MNCs and big local companies in the nation.

With China's rapid developing, sourcing managers are facing new challenges, especially the continuous increase in cost. Appreciation of Renminbi, implementation of new labor law and jumps in CPI have brought more cost pressure to the companies. Cost advantage in other developing countries, such as India, Philippines, Vietnam and Thailand slowly appears. China is not the only outsourcing destination now, more and more companies in China are willing to start global sourcing to gain more competitiveness in goods or services. Global sourcing is becoming a prevalent strategy for companies in China to gain continuous competitiveness in future.

This workshop is a good opportunity for sourcing managers to discuss their global sourcing challenges and problems, and to improve their performance in international transactions. The course will be conducted in English and facilitated by international expert Mr. Robi Bendorf (Founder and President of Bendorf & Associates), who has 30 years of purchasing and sales experience, involving both domestic and international activities, for a broad range of manufacturing and service businesses.

Participants will gain real insights from the thought trainer who has overcome the obstacles being faced by best of breed organizations around the world. Join marcus evans in July in Shanghai for an extraordinary learning experience that cannot be missed.

This event is supported by media partners: ChinaSourcingNews.com, ChinaNewswire.com and China Knowledge.

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