With ability to produce a diverse range of products, India has the potential to become the one-stop sourcing destination for brands and retailers of ASEAN nations.
We have offshored a lot of our industry for critical supplies, critical health care supplies, and critical medicines to save money.
I was very lucky to find a career which let me travel, sourcing stores in other countries, just the opportunities of the career in design and finance and all the things that make retailing - my career - interesting to me. That's why I started looking at community responsibility. I felt I should give of myself.
Greening the globalised manufacturing and sourcing will be the single biggest help multinationals could make to the tough pollution control in China and other developing countries.
In an era of global value chains, worldwide sourcing and the never-ending search for new markets, we must be careful to avoid the proliferation of regional standards. A multilateral approach holds wider benefits for more actors.
It's strange the way Instagram has become a really crazy sourcing opportunity for me. I never thought I'd be saying that, but you see these amazing vendors halfway across the world.
I found out there is a production paradise in Brazil. I was able to make my second collection for less money but without sacrificing quality. More importantly, manufacturing in Brazil also fits in with my global initiative: to provide work and empowerment in a third-world country.
Prior to 2001, hardly any company in North America or Europe would buy from India.
I've got a thing for footwear; I have about 200 pairs of shoes from all over the world.
Since merchandise creativity is hampered by the reluctance of manufacturers to do special things for an individual store, it might be well to increase purchases in foreign markets more able to accept innovative ideas.
What the global delivery model allows is, it allows you to take previously geographically core-located tasks, break them up into parts, send them around the world where the expertise and the cost structure exists, and then specify the means for reintegrating them.
We are happy to get great technology from anywhere, and we have eyes and ears that are checking out companies all over.
Many American industries may be expected to acquire foreign properties to supplement their raw material supplies.
This was an excellent prediction. Canada was one of the largest targets of American capital investment.
The important thing about outsourcing or global sourcing is that it becomes a very powerful tool to leverage talent, improve productivity and reduce work cycles.
When material comes to me, I don't care where it's coming from. Japan, Singapore, China, Africa... it could be from everywhere. The material should excite me. It's not important where it's coming from.