Exploiting Globalisation

Businesses that restrict their perspective to a regional or national level will suffer as new competitive forces impact on their traditional markets, while those that can move away from this mindset are poised to realise substantial benefits.  Breaking out of traditional ways of business is very difficult; supply-chain relationships, developed over many years, are familiar and well defined. Stepping into areas of the world where the business culture and rules are alien is a daunting prospect for many.

Where does your pound buy you most value?

The 2001 World Bank research demonstrates that in the Asia Pacific region, your budgets can buy over 3.5 times the value-added manufacturing benefit that they would in Europe.

The cheapest is not always the best value. Quality and delivery must be considered. Sourcing from overseas locations brings with it concerns of piracy and forgery and the ethical treatment of local labour. A view on the political and economic stability may need to be taken. There are issues of logistics to consider, as well as management control, flexibility, product, payment terms, insurance and the many thousands of miles that separate you, personally, from your supplier!

Sourcing globally is not a route to easy money. Hand in hand with the cost savings comes increased risk. However, the companies that can successfully manage this risk are the companies that will truly benefit from global markets.

Pera can help you effectively and successfully manage these risks by working with you. To find out more about how we can help your organisation exploit globalisation email us today.