Achieve Economies of Sale with Low Cost Country Sourcing

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Achieve Economies of Sale with Low Cost Country
Sourcing
Presented By Dragon Sourcing
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Introduction
Low cost country sourcing is a necessity in this
generation of global competition. In order to
achieve economies of scale, it is imperative for
producers of goods and services to keep costs at
minimum levels. Factors of production include
land, capital, raw materials, manpower, and
technology. These factors are used in varying
proportions depending on the nature of enterprise
and the scale of production.
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Land
No units of production could be set up without
land, which is a scarce item. With passage of
time, this factor becomes expensive as there is
no possibility of increasing its extent.
Globalization enables you to look for the
cheapest land required for establishing your
works. Ideally, this should be located near to
your raw material source, or main market area.
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Raw Materials
Resources can be minerals, agricultural goods,
forest products, or any other naturally occurring
substances. Global trade has made it possible for
manufacturers to source these raw materials from
the most affordable source. For instance, sugar
cane is available cheaply in India, rubber in
Malaysia, timber in Brazil, and iron ore in Russia
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Manpower
Both land and raw materials are useless in
themselves till they are made to go through a
process as desired by humans. Human resource is
thus the most important and versatile factor of
production. Manpower at low cost is usually found
in overpopulated nations of Asia and Eastern
Europe.
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Contact Us
Dragon Sourcing Houston 1201 Dulles Ave
7205 Stafford, 77477, USA Phone [phone]
0281 Email contact.us_at_dragonsourcing.com Website
http//www.dragonsourcing.com/
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Thank You