DU Jing-yi
Department of Computer Science and technology, Henan Mechanical and Electrical Engineering College, Xinxiang, Henan, 453003, China
ABSTRACT
On the ground of entering into the WTO, more and more Chinese corporations participate in global sourcing. Summarize the condition of Chinese corporations participation as suppliers in global sourcing and analyze the potential risks, such as risk of holding inventory, receivable accounts, capital locked up, incomplete contracts and other risks such as non-tariff barriers and so on. And on the base, discuss countermeasures to them, such as giving the extended concept of cost and the procurement-supply sharing information system, forecast and contract protective terms, setting contract terms flexibly, scientific consideration of capital investment and so on.
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How to cite this article
DU Jing-yi, 2013. Risks and Countermeasures of Chinese Corporations Participation in Global Sourcing as Suppliers. Information Technology Journal, 12: 4281-4284.
DOI: 10.3923/itj.2013.4281.4284
URL: https://scialert.net/abstract/?doi=itj.2013.4281.4284
DOI: 10.3923/itj.2013.4281.4284
URL: https://scialert.net/abstract/?doi=itj.2013.4281.4284