Globalization in sourcing and manufacturing is expected to offer several different kinds of benefits. Globalized companies can produce products at cheaper costs by accessing cheaper resources and they can be close to the local market, so that they can quickly react to the needs of local markets....

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...