this is my topic for this assessment
o Single-country sourcing
1. Sourcing is one of the most vital aspects that determine whether a company succeeds or fails. Until 2000’s, organisations are sourcing from the third-world countries where the labour and resource costs are low. This have assisted them to keep the expense under control and achieve competitive advantage. However, over the years some of these countries have developed competencies and became the leaders in exporting the products to several countries across the world. Over the time, Australia became reliant on one country for most of the imported products. The negative consequences of high dependence on a single country became evident during the crisis. Against this background it is important to investigate challenges associated with single-country sourcing for Australia. Some examples of single-country sourcing:
• India for vaccines
• China for electrical equipment
please make sure that all the references are not older than 5 years
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