Low Cost Country Sourcing

Since2008global economic crisis broke out, more and more European companies are beginning to feel the importance of corporate globalization strategy. The shrinking of scales of European and American domestic market, and rising supply chain costs, making enterprises can not to have a larger of space to grow in the future performance. Exploiting new markets, reengineering supply chain, and sourcing in low cost country maybe is the one of good solutions to these global corporate to stop its decline in corporate performance.Company will face many uncertainties factors and risks during the overseas supplier market exploiting. Plus the difference of industry, culture, language, policies and products, lead to the huge failure risk from the development of overseas supply chain, and bring a certain difficulty in the supplier selection and assessment.This study is from the multinational company point of view, bases on the supply chain theory and the application of management decision-making methodology, uses the L Company procurement case in LCC as reference, to research the supplier evaluation and selection process in Low-Cost Country, which summed up an effective supplier development process in Low-Cost Country and selection criteria.This research finding will have far-reaching significance to reduce the risks of enterprise globalization (especially for global sourcing), accelerating company globalization strategy.