Global sourcing allows businesses to access a wider supplier base across regions such as China, Turkey, Europe, and Southeast Asia. This approach often provides competitive pricing, advanced manufacturing capabilities, and greater product variety. However, it also requires strong supplier evaluation, logistics planning, and quality control to manage risks effectively.

Local purchasing, on the other hand, offers shorter lead times and easier communication, but may come with higher costs or limited production capacity. Businesses that rely only on local suppliers can face challenges when demand increases or when specialized products are required. A balanced strategy helps mitigate these limitations.

At MKF, we help companies evaluate when global sourcing delivers the most value and when local procurement makes more sense. By aligning sourcing decisions with business objectives, risk tolerance, and market demand, we create procurement strategies that are both cost-efficient and resilient.