THE END OF THE MIDDLEMAN: IS SOURCING AS WE KNOW IT DYING?
Sourcing offices must justify their job/existence: they find the factories, manage quality, get good prices,
and make sure that deliveries are done in time. But is it going to last?
Today, sourcing offices continue to work as they used to do 15 years ago.
They are still needed to check quality, but less so for the product development.
Many large corporations restrict the sourcing element and trust their partners who invest in the product and its production.
Relationships between the head offices and factories may not need a middle-man any more,
and this change may be accelerated by the arrival of digital and AI.
Factories are progressing, logistics is transforming itself, while buying offices remain static.
An initiative of the French Chamber in Hong Kong.