Biopharmaceutical companies are under constant pressure to deliver double-digit growth. In traditional markets such as the U.S., Japan, and the European Union growth is stagnant, and profit margins are falling due to increased price pressure from governments. As a result companies are looking to...

The impact of the sourcing function on the profitability of U.S.-based manufacturing firms is more significant than ever. Today, the purchased component of the cost of goods sold for many firms is more than fifty-percent of sales.' As the volume of purchased material grows every year, and the...

There are various reasons why companies manufacture their goods in different areas of the world. These reasons include: lower labor costs, emerging markets, tax and tariff considerations, and intellectual property issues. With the constant pressure to decrease costs, outsourcing is becoming more...