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Global Sourcing
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Global Sourcing
Carson Elliott
Sarah Strzalka
John Woodrum
Van Wright
What is Global Sourcing?
- The strategy of outsourcing manufacturing to the global market for goods and services to find cost efficiencies.
- Purchases made by a plant outside its continent of origin
Definition
Who is Boeing?
The world's largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security system.
- Present in Over 150 countries
- 70% of total backlog is represented by customers outside the U.S.
- Leading service provider of aftermarket support
- More than 20,000 diverse suppliers and partners
- Operations in more than 65 countries
Boeing
Advantages
- Cheaper labor rates
- Access to local markets
- Access to different technologies and skills
- Greater economies of scale
- Decrease in logistics costs
- Less pressure from labor unions
Advantages
Boeing Advantages
- Relationships
- Types
- Management
- Communication & Data sharing
- Better access to local markets
- Opening of Asian markets
- Economies of scale
Boeing
Advantages
Disadvantages
- Greater complexity
- Political risks
- Difficult to communicate across time zones
- Uncertainty
- Company image
Disadvantages
Boeing disadvantages
The 787 example:
- Good intentions
- Airbus
- Customer Value (passengers, airlines)
- Fastest selling plane in history
- The Bad (70% outsourced)
- NO experienced supply chain management team
- Innovation (On-hands involvement)
- Web-based communication (Exostar)
- RESULTS?
Boeing Disadvantages
Significance
Conclusion
- Advantages
- Cost savings
- Local markets
- Disadvantages
- Communication
- Boeing 787
- Loss of Long standing Relationships
- Rolls Royce
-Importance of a Good Sourcing Strategy
Resources
Global Sourcing Involving Boeing:
- https://www.researchgate.net/profile/David_Pyke/publication/242103086_Strategies_for_Global_Sourcing/links/58b21c9192851cf7ae8ee326/Strategies-for-Global-Sourcing.pdf
- https://journals.aom.org/doi/abs/10.5465/ame.1998.1334000
- http://www.speea.org/new_temp_items/Boeing-Reuters_January2011%20(1).pdf
- https://books.google.com/books?hl=en&lr=&id=ub1QBw-yaDUC&oi=fnd&pg=PA225&dq=global+sourcing+boeing&ots=v_FPB3w4G0&sig=j-OyA84KApHmsn1rDkA30kPcxsw#v=onepage&q=global%20sourcing%20boeing&f=false
- https://journals.aom.org/doi/abs/10.5465/ame.2005.15841951
Just Global Sourcing:
- https://www.microsourcing.com/blog/the-ultimate-list-of-outsourcing-statistics.asp
- https://www.strategy-business.com/article/17876?gko=f393f
Boeing:
- https://www.boeing.com/
- http://www.fi-aeroweb.com/firms/Competitors/Competitors-Boeing.html
Sources
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