In the mid 1980s, recognising an increase in global competition across its markets Emerson Electric Company, a US-based a global technology and engineering company, launched a strategy of transferring costs to a basket of low-cost countries. The company shifted sourcing, manufacturing, and engineering from its traditional bases in Western Europe and the US to low-cost countries around the world in Asia, Latin America and Eastern Europe. The company set up a major operation in Mexico, established...

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2.4.2 Create and implement outsourcing strategy
15.1.1 Strategy success measures & performance indexes

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