A strong supply chain depends on balancing local and global sourcing strategies. By leveraging a robust network of trusted suppliers across regions, businesses gain flexibility, cost efficiency, and reliable component availability.
Why Combine Local and Global Sourcing?
Local suppliers offer speed and responsiveness, reducing lead times and enabling quick adjustments to demand changes. Global sourcing, on the other hand, provides access to specialised materials and economies of scale. According to TradeBeyond, global sourcing strategies expand capacity and strengthen resilience through diversified supply streams. [tradebeyond.com]
Cost Efficiency and Competitive Advantage
Combining local and global sourcing optimises costs. Local procurement reduces shipping and supports sustainability goals, while global partnerships unlock lower production costs and broader capabilities. As GEP notes, global supply chains help businesses “increase efficiency and reduce costs,” making them a cornerstone of competitive advantage. [gep.com]
Quality, Reliability, and Risk Mitigation
Local sourcing allows closer collaboration and real-time quality checks, while global suppliers bring niche expertise and advanced technologies. Diversifying across regions mitigates risks from political instability or logistics disruptions, ensuring continuity even during global challenges.
How NOTE Delivers
At NOTE, our Local & Global Sourcing Network blends the agility of local procurement with the scale and reach of global partnerships. This approach ensures flexibility, cost efficiency, and dependable supply for every project—helping customers stay competitive in a dynamic market.