DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/76f6dz/maximizing) has announced the addition of the "Maximizing Savings via Optimal Source Country Selection for U.S. Procurement" report to their offering.
That Applying Source Country Insights in this Report will Payback Rapidly for You. As this analysis proceeded, the results became clearer and it became simply incredible that so few sourcing organizations are aware of the huge and likely changes to their selected suppliers cost structures over the period of time that they have committed themselves to. Here is what we found:
The average Source Price for the 30 potential source countries increased over 10 years by +44%, a +3.7% CAGR [Compound Annual Growth Rate]. Even a +3.7% CAGR would be impossible for a supplier anywhere to keep holding to an original fixed price agreement. But it is the range that is truly eye opening.
Becoming Cheaper - On the one hand there are a handful of supplier countries that are becoming consistently less expensive for the suppliers. The best of those has become more cost competitive by over 17% in the past 10 years. If you had a fixed price agreement with them you will have left money on the table.
Becoming Much More Costly - At the other extreme, the worst country, one that has absolutely been included in many U.S. companies RFQ distributions, is now +121% more costly today than 10-years ago. That is, their costs are 2.2 times as high today as they were 10-years ago. And for a two-and-a-half year period of time in the years 2009 to 2012 they were over +150% to +187% [2.5-2.9 times as high] as at the inception 10 years ago.
This report provides:
- A full explanation of the economic modeling methodology employed
- The detailed results for each of 30 potential source countries to use for your own analysis of source country options
- Walks you through an example of the use of the data in your own source country selection work using the most common 8 source countries as the examples.
Key Topics Covered:
Section 1: Preface - Why this is Mission Critical
Section 2: Executive Summary
Section 3: Introduction
Section 4: The Methodology
Section 5: The Results for 30 Potential Source Countries
Section 6: Other Market Research Papers from this publisher
For more information visit http://www.researchandmarkets.com/research/76f6dz/maximizing