Global Sourcing Analysis for Soccer Shoes

Instructions:

The company which you will source for is a soccer shoe company.
Use reputable sources like the WTO, CBP, OTEXA OR OTHER WELL ESTABLISHED TRADE ORGANIZATIONS, Then write the following;
Global Sourcing Analysis for soccer shoes (4 pages):

  1. Identify and compare potential sourcing countries based on relevant factors (labor costs, infrastructure, regulations, etc.).
  2. Analyze potential suppliers within your chosen countries, evaluating their capabilities, certifications, and track records.
  3. Discuss potential risks and challenges associated with your global sourcing strategy.
    Sourcing Plan and Recommendations (1 page):
  4. Present your recommended global sourcing strategy, including the chosen country and supplier(s).
  5. Justify your recommendations based on cost, quality, risk mitigation, and other relevant factors.
  6. Outline key considerations for contract negotiation, quality control, and logistics management.
    Continue to next page…

I have started the paper with a notion of awareness of social responsibility, please build up on this:

Sourcing Analysis
When conducting international business, especially when it comes to apparel, it is crucial to keep in mind the three bottom lines; people, planet, and profits. We keep these factors in mind as it helps us to maintain social responsibility and awareness. Moreover, there are other important factors such as labor costs, infrastructure, and regulations that can make the decision harder. Developing contingency plans and establishing a clear supply chain make the global business run smoother and help ensure compliance at all levels of the supply chain so our team has embarked on a deep search to narrow down our choices and select the best sourcing partner for our soccer shoes. During the beginning stages of our research for imported footwear into the United States, we found that two main countries stand out: China and Vietnam. Following this discovery, we researched these countries’ production scale capabilities, their certifications, and their ability to adhere to ethical practices.
We were very interested in China at first as it stands out as a promising sourcing country due to its well-established and long-standing labor force. With their huge labor force come some added benefits such as extremely lowered labor costs and combined with their robust manufacturing capabilities, the scale of production would be exponentially larger at a very low cost. According to the Statista page, in 2019 China ranked number one in the top ten countries with the higher manufacturing power. However, in recent years China has been caught up under the scrutiny of many trade agencies. In 2020, the Customs Border and Protection (CBP) website sent out a public advisory highlighting the warning that they have found in factories surrounding the Xinjiang Area. In this report, the CBP mentions various concerns regarding human labor abuse…

Do you need help with this assignment or any other? We got you! Place your order and leave the rest to our experts.

Quality Guaranteed

Any Deadline

No Plagiarism