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Low cost sourcing law

Latest low cost sourcing law

Offshore anglingThe imminent change to place of supply VAT rules could negate cost savings of offshoring financial services. Brush up on your contract rights before tackling this, says Belinda Doshi 03 December 2009
Chrysler driven to sue Accenture over LCCSChrysler is suing consultancy Accenture alleging the firm falsely claimed it could achieve $900 million (£518 million) in savings over three years through low-cost country sourcing (LCCS) - a target it failed to meet. 13 October 2008

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Resource nationalism is mining sector's top riskRestrictions on exports, foreign trade, extra taxes and limits on foreign ownership are the biggest threats to future supply security.

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10 tips: Sourcing from China
James Williams provides a simple and helpful checklist for those looking to engage with suppliers in the country.
Public sector purchasing: a value for money approach
The senior procurement professional looks at how to make real progress in achieving value for money in public sector buying.
Cut the fat from your Chinese takeaway
The CEO of Kong and Allan (Shanghai) Consulting says there are still cost savings to be made in China
Critics of US-China trade relations need a reality check
Will the meeting between the US and Chinese presidents this week defuse trade tensions between the two nations?
Going 'glocal'
Going 'glocal' Will more companies think globally and act locally in the future, asks Rebecca Ellinor
Buyers should get on board with green shipping effort
Although Lindsay was sceptical about the results from the climate change summit currently being held in Mexico, there has been at least one associated outcome that might be of interest to buyers.
Come up Trumps
Donald Trump told Fox News in the US that he was so frustrated he was getting an itch to run for the presidency. And the effects of low-cost country sourcing are really getting on his nerves.
The end of cheap sourcing?
As the Chinese workforce becomes more demanding, the big electronics manufacturers might have to change their buying strategies.
International sock exchange
Soldiers will soon be wearing socks made in China, but bought through a British supplier. Why doesn't the MoD cut out the middle man?
Scents with scant regard for working conditions
Glamour model Jordan is in the news again but not for the reasons you might think.

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NEWS

Businesses expect more UK sourcing
UK supply chains will play an increasing role in ensuring global manufacturing profit growth, according to a survey of international executives.
Purchasers don't anticipate rise in on-shoring
There is unlikely to be a increase in the volume of services carried out domestically rather than offshore, buyers concluded at a debate held this morning.
Chinese factory engages in monkey business
A clothing factory in China has started to employ chimpanzees to pack boxes.
Pot Noodle production returns to the UK
Symington's, the owner of the Golden Wonder brand, is moving production of Pot Noodles back to the UK from China because of rising costs and long lead times.

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