Trends of global Sourcing in 2013

Global Sourcing Trends for 2013

By http://www.dragonsourcing.com

What is Global Sourcing ?

 Global sourcing is the practice of sourcing from the global markets for goods and services. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service.

The efficiencies are low cost skilled labor, low cost raw material etc. The main motto is to find better supply sources around the world along with improved quality and lower prices.

Technological Trends

 Big Data Analytics. Data Security. Global Sourcing Paradigm through Cloud strategy.

Big Data Analytics

ď ą Environment connected through mobile & social networking technologies has given birth of large amount of data. ď ąThe challenge of the enterprises is to filter and analyze this data for business use.

ď ąEnterprises in 2013 is looking to adopt business intelligence in big data using applications and integrated systems.

Data Security

 Business data security is an area of concern for enterprises.  They often invest huge amount for this. Cloud computing along with the rise Bring your own device (BYOD) & Bring your own app (BYOA) in 2013 formulates data security policies and monitors security breaches.

Global Sourcing Paradigm through Cloud Strategy

 The sourcing environment will change with cloud solutions to align IT with business strategy. In 2013 buyers will look at cloud services. Cloud service is an opportunity for the service providers to gain market share from their clients.

Dragon Sourcing Johannesburg 140 Highgate, Sunny Road, Lakefield, Benoni, 1500, Gauteng, South Africa Tel:+27 (83) 230-9342 Email: contact.south-africa@dragonsourcing.com