What is a benefit of global sourcing in line control?

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Multiple Choice

What is a benefit of global sourcing in line control?

Explanation:
Access to a wider range of materials is a significant benefit of global sourcing in line control. By sourcing materials globally, businesses can tap into different markets that offer diverse raw materials, components, and supplies. This variety can lead to increased options for quality, pricing, and innovation, allowing companies to optimize their production processes. Additionally, leveraging international suppliers can help in finding specialized materials that may not be available domestically, leading to improved product offerings and competitive advantages in the market. The other options do not reflect the primary advantages of global sourcing. Lowering employee turnover pertains more to workforce management rather than sourcing strategies. Breach of compliance with regulations is a risk associated with global sourcing, highlighting potential legal issues rather than benefits. Increased lead times suggest delays in the supply chain, which contradicts the goal of improving efficiency and responsiveness through global sourcing. Therefore, the ability to access a wider range of materials stands out as a key advantage in this context.

Access to a wider range of materials is a significant benefit of global sourcing in line control. By sourcing materials globally, businesses can tap into different markets that offer diverse raw materials, components, and supplies. This variety can lead to increased options for quality, pricing, and innovation, allowing companies to optimize their production processes. Additionally, leveraging international suppliers can help in finding specialized materials that may not be available domestically, leading to improved product offerings and competitive advantages in the market.

The other options do not reflect the primary advantages of global sourcing. Lowering employee turnover pertains more to workforce management rather than sourcing strategies. Breach of compliance with regulations is a risk associated with global sourcing, highlighting potential legal issues rather than benefits. Increased lead times suggest delays in the supply chain, which contradicts the goal of improving efficiency and responsiveness through global sourcing. Therefore, the ability to access a wider range of materials stands out as a key advantage in this context.

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