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NAPM Insights

Small Business Shops at the International Market Members Only Content

International sourcing is no longer an option just for megacorporations. Small businesses are tapping into the vast global market, too. In a recent NAPM survey of 420 purchasers in small businesses, 64.8 percent of the respondents said they were purchasing goods and services from international sources. Of those companies that were purchasing internationally, 53.6 percent purchased 1-5 percent of their total goods and services from international sources, 12.1 percent said it was between 6-9 percent, and 14.7 percent said it was between 10-15 percent. As many as 7.5 percent of the respondents who purchased internationally said that 40 percent of their total goods and services were purchased internationally. According to the NAPM survey, the small businesses were purchasing primarily from sources in Germany, Canada, Japan, United Kingdom, and Taiwan.

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