Global sourcing is the trend of the future. Supply management is becoming very important to the survival of both American and offshore firms. In certain industries, using foreign suppliers can reduce total costs. Global sourcing is by no way expanded to completely replace domestic sources; however, it is a way to meet a competitor's challenge and achieve better value for goods all over the world.

Question

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The statement discusses how global sourcing is becoming increasingly important for firms and can help reduce costs, but it does not suggest that it will completely replace domestic sources.

Global Sourcing Is the Trend of the Future