Evolution of Global Sourcing in 2020
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Evolution of Global Sourcing in 2020This quick guide will give insight on:Sourcing trends by buyer region and industryChina’s changing position in the global supply chainsEvolution of sourcing preferences compared to 2019This report analyzes the evolution of global sourcing in response to the ongoing COVID-19 pandemic, US-China trade tensions and other disruptions to global supply chains.Explore the findings of QIMA’s 2020 survey of 200+ businesses with international supply chains to find out how global sourcing is adapting:China’s down, but not out: with 75% of respondents still naming China among their top 3 sourcing regions, the move out of China is a slow burn rather than a cliff edgeUS and EU brands are exploring sourcing options closer to home, but are more likely to near-shore rather than re-shore.Diversification is top of mind for global brands, but there are some noticeable nuances between regions, with US brands almost twice as likely to source new suppliers compared to EU buyersDownload this complimentary survey to learn more about industry trends. Share this WhitepaperGet WhitepaperBy contacting QIMA you agree to our privacy policy and terms and conditions.