Over the past decade, procurement and sourcing teams have shouldered increasing responsibility within global organisations, both to reduce costs and manage risks. China has become increasingly important as a competitive sourcing location for a range of products and services.
For many organisations, their involvement in China was driven by the need to manage or reduce costs and stay globally competitive. Today, the situation is not so simple. Costs have risen within China and economic and tax policies are changing dramatically. Companies are facing up to the risks that can accompany their reliance on particular markets.
To help companies understand potential opportunities and risks, KPMG has released a consumer-markets publication looking at the different ways that companies are extracting value from their supply chains in China.
To view the PDF report, visit KPMG.