Is a term used to describe a business placing orders with production locations close to where its end-products are sold. This is the opposite of the far sourcing where often production operations are in the Far East or with developing nations having lower labor costs but also require longer lead times due to shipping distances.
Protecting the Quality of Chinese imports
China is known as the largest manufacturer in the world. The Asian superpower produces billions worth of products every year, accounting for almost a third of global production. Western companies ...
