Strategic Global Sourcing: Hitting A Moving Target

iStock/Thinkstock

When sourcing from Asia and the Pacific, manufacturers need to constantly keep on top of who does what well.

Imagine going to your favorite restaurant and finding out that there's a new chef in town and the dish you made a special trip for now tastes like wallpaper paste.

"Global sourcing dynamics are also always changing and a good source today may not be so good six months from now," observes Christopher W. Runckel, founder of Runckel & Associates, a Portland, Ore.-based consulting company that helps businesses expand in Asia.

Read more here to learn about tips on finding a good sourcing partner.