Low-Cost Country Sourcing for MRO items
Low-Cost Country Sourcing (LCCS) is a strategy within global sourcing that plays a key role in supply chain planning for companies seeking savings. This strategy consists of procuring products from countries with low production costs and high productivity, typically for MRO items—generally in Asia and Eastern Europe—and holds great value, having been continuously used for years by large corporations that endorse its strategic relevance.