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Building knowledge
Low-cost sourcing from China
As E&C companies face growing pressures of low margins and cost inflation, they are increasingly realising the potential benefits of low-cost sourcing (LCS) in order to maintain their competitiveness. Our experience has shown that as much as 10% of E&C companies' total spend could be suitable for LCS and that on average a 30% cost saving is achievable when sourcing from low-cost countries. In a low-margin sector this has got to be worth exploring further.
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