Low-cost country sourcing
id:
low-cost-country-sourcing-322-17766709
title:
Low-cost country sourcing
text:
Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses. LCCS falls under a broad category of procurement efforts called global sourcing. The process of low-cost sourcing consists of two parties. The customer and the supplier countries like US, UK, Canada, Japan, Australia, and West European nations are considered as high-cost countries (HCC) whereas resource rich and re
brand slug:
wiki
category slug:
encyclopedia
description:
Procurement strategy
original url:
https://en.wikipedia.org/wiki/Low-cost_country_sourcing
date created:
date modified:
2024-02-19T18:59:22Z
main entity:
{"identifier":"Q1282941","url":"https://www.wikidata.org/entity/Q1282941"}
image:
fields total:
13
integrity:
14