In 2005, the total nondomestic
spending increased up to values between 31 and 40
percent, compared to year 2000 (Monczka and Trent, 2005).
This procurement strategy, in its more advanced form, is
known as global sourcing. The term “global sourcing” gives a
far different meaning than international purchasing, which
can be defined as “the acquisition of raw materials, Literature review