What is one primary advantage of sourcing overseas?

Study for the CIPS Introducing Procurement and Supply (L2M1) Test. Engage with flashcards and multiple choice questions, each question includes hints and explanations. Ace your exam with confidence!

Sourcing overseas offers the primary advantage of accessing products that may be unavailable in the local market. This can include unique materials, specialized components, or products manufactured using specific technologies that a company might not have access to domestically. This access can significantly enhance a company's product offerings and competitive edge, allowing it to meet customer demand more effectively.

Furthermore, overseas suppliers may have the capacity to produce large volumes or specific types of products that align with the company's strategic needs, enabling innovation and potentially opening new markets. This focus on availability is crucial in today's globalized supply chain, where businesses often seek to differentiate themselves through unique products or features that cannot be sourced locally.

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