Research Paper on:
Global Sources and Interfaces

Unformatted Sample Text from the Research Paper:
to increase profits by looking to use comparative advantages. However, the sourcing must also be in line with the companies current competitive advantages, in other words there needs to be  a match. Between what the company needs and what the supplier can offer. Sourcing is a key activity, however, with the move away from the manufacturing industries in more service  based sectors and financial services, the manufacturing aspects of commerce have lost the perceived level of importance and as such sourcing has also lost its status and price has become  a major consideration. Often for many companies the issue in deciding whether to make or buy will be the final cost differential rather than other factors, such as the ease  or difficulty of the interface and the matches and the indirect costs that may be incurred. This does not mean buying in will always be less desirable. Only that it  should be considered in full. If we wish to look at the way that interfaces are influential on sourcing we need to consider  the different t types of interfaces that exist within sourcing and how they may be impacted. The different functions of a company may also be seen in constant conflict, with  different departments demanding different things, from new designs to standard components. The first interface that sourcing should consider is the interface between  research and development and manufacturing. For many companies these are two very vital department. If there is a desire to gain a first mover advantage or make advances in terms  of changes to develop a competive advantage through differentiation, research and development may be the starting point. However, competitive advantage is not isolated to creation in the research and development