Running Head: USING GLOBAL SUPPLIERS VS LOCAL SUPPLIERSCase Analysis: Using global suppliers vs local suppliersInstitutionDate1USING GLOBAL SUPPLIERS VS LOCAL SUPPLIERS2Major FactsDeciding whether to use global or local suppliers is an uphill task for any business. Whendeciding between local and Global suppliers, customers consider a wide range of attributesamong them: leadership competency, Domain expertise, organizational design and brandreputation among others. In the wake of globalization, the number of firms using global suppliersis on the rise. Most of these firms prefer global suppliers since they deliver bulk materials, and ata lower price. (Bowersox, 2013). Additionally, companies whose products are under highdemand prefer using global suppliers since most of them can deliver large quantity repetitively.ProblemThe use of global suppliers increases the risk for the consumer due to possible delays, loss ordamage on the cargo.SolutionsSolution AIntensive vetting on all suppliers. It is crucial that an organization select a supplier whohas a proven record of delivering products without fail. Selecting such a supplier will require thefirm to invest vast resources in the selection process and also use third parties to verify anyinformation regarding a supplier. This method is effective since it will help chose a supplier withthe capability to deliver products on time (Ang et al, 2016). The method might be costly since itinvolves veri ...
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