Supplier Sourcing & Negotiation

Lesson 2 of 3

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Lesson 2

Domestic vs International Sourcing

18 min Intermediate

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Understanding the pros and cons of domestic vs international sourcing helps you make informed decisions.

Domestic Sourcing (USA, Canada, etc.):
Pros:
- Faster shipping times
- Easier communication
- Quality control
- No language barriers
- Simpler legal compliance

Cons:
- Higher product costs
- Limited product variety
- Higher minimum orders sometimes

International Sourcing (China, India, etc.):
Pros:
- Lower product costs
- Huge product variety
- Manufacturing capabilities
- Customization options

Cons:
- Long shipping times (2-8 weeks)
- Language barriers
- Quality control challenges
- Import duties and fees
- Time zone differences

Key Takeaways

Domestic = faster, more expensive
International = cheaper, slower
Consider total landed cost
Diversify your sourcing

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Course Outline

Lesson 1

Introduction to Supplier Sourcing

15 min

Lesson 2

Domestic vs International Sourcing

18 min

Lesson 3

Negotiation Strategies

25 min

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