Roundsourcing: in a globalized world, opportunities for sourcing goods, services, talent, technology and ideas come from anywhere around the globe.
About This Show
In Roundsourcing, we explore how we source practically everything regardless of its origin. Quality, price, convenience, talent, availability and efficiency determine where we buy and use goods and services, not where they were invented or produced. In a globalized world, vast opportunities exist for sourcing goods, services, talent, technology and ideas from anywhere around the globe, at any time. Local borders are powerful and barriers to a truly free world are high, and yet, roundsourcing is inexorable - the business world is not flat, but invariably local and global at the same time. Come explore the real world of our choices and business across borders.
Most Recent Episode
Episode 2 - The iPhone and Us
Apple iPhones come from China. Should the U.S. slap huge tariffs on their import? Let’s consider the facts.
The iPhone is an American product sourced of U.S.-based inspiration and design. Conceived and engineered in California and North Carolina, its brain, chips, audio elements and glass are made by workers in Texas, Kentucky, Ohio, California and other states. Apple sources everything where quality and cost dictate, even having its arch-rival Samsung provide its microchips. A French-Italian company in Switzerland provides one critical component where it’s best in class. Japan, South Korea, Taiwan and other high-wage countries contribute key parts of an iPhone. The assembly happens in China, but the labor costs involved only make up 2% of what the consumer pays for the final product.