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Agenda Sourcing trends Sourcing tools Online sourcing challenges A Global Sourcing “Global sourcing will be the next battleground for competition. Within five years, businesses that do not make global sourcing an imperative will be struggling not only to compete but also to survive.” - Aberdeen Group, June 2003 Increased global competition is driving many firms to identify and establish relationships with suppliers in low wage and low cost countries such as China, India, Malaysia, Eastern Europe, Latin America and Africa. Buy Factory Direct Benefits: Increased margins and profits