Sourcing
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Sourcing
National Sourcing
What percentage of your company’s Cost of Goods Sold (including value-adding activities) was spent within the country of operations, from in-country registered companies or national citizens?
80%+
As per the attached Cost of Goods sold report for 2020 and 2021, all expenditures other than Import Purchases occurred within the company’s country of operations (Nepal).
2021
Import Purchases: 16,091.00
Total COGs: 833,264.08
Percentage: 2%
Total National Sourcing for 2021: 98%
2020
Import Purchases: 666,131.00
Total COGs: 2,823,996.00
Percentage: 23.5%
Total National Sourcing: 76.5%