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International Procurement Offices in Asia

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Handbuch Industrielles Beschaffungsmanagement

Abstract

One significant development in the purchasing field is the setting up of international procurement offices (IPOs) by multinational corporations in many parts of the world. The emergence of IPOs is consistent with the trend towards the globalization of business. In fact, a report on trends found that manufacturing firms view global sourcing as a competitive weapon (Miller, 1987). Moreover, Hefler (1988) has argued compellingly that those firms should view global sourcing as a means to meet its strategic goals and objectives. Renowned business gums like Porter (1992) also maintain that it is vital to have a critical mass of suppliers both locally and overseas so as to stay competitive.

His research interests are in the areas of business process flows and supply chain management.

His research interests are in the areas of industrial marketing and purchasing management.

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© 2002 Springer Fachmedien Wiesbaden

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Goh, M., Lau, G.T. (2002). International Procurement Offices in Asia. In: Hahn, D., Kaufmann, L. (eds) Handbuch Industrielles Beschaffungsmanagement. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-663-01582-6_12

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  • DOI: https://doi.org/10.1007/978-3-663-01582-6_12

  • Publisher Name: Gabler Verlag, Wiesbaden

  • Print ISBN: 978-3-663-01583-3

  • Online ISBN: 978-3-663-01582-6

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