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<strong>Global</strong> Sourcing Opportunities and Challenges in South Korea<br />

ABSTRACT<br />

Moderator:<br />

William Patrick Leonard, Vice Dean, SolBridge Internataional School <strong>of</strong><br />

Business<br />

wpatleon@solbridge.ac.kr +82 42 630 8813<br />

Panelists:<br />

Mr. Bob Graff, Senior Lecture, SolBridge International School <strong>of</strong> Business<br />

bgraf@solbridge.ac.kr +82 42 630 8559<br />

Dr. Kyung Ah Lee, Senior Manager, Human Resource Department<br />

Emerson Process Management<br />

Kyungah.lee@emerson.com +82 2 3438-4600<br />

Gustavo Parés, CEO Financetech Mexico Delivery, Mexico,<br />

gpares@financetech.mx +52155-2686-3696.<br />

Dr. Jay Q. Park, Executive Director <strong>of</strong> Operations<br />

Pantos Logistics<br />

jayq.park@pantos.com +82 2 3771 2129<br />

To date Korea has enjoyed both robust internal and external sourcing opportunities with<br />

accompanying challenges. These opportunities have been supported by its strategic<br />

advantages. It has large array <strong>of</strong> world class research institutes propelling a highly productive<br />

work<strong>for</strong>ce. Recently, the Korea-United States FTA and the prospects <strong>for</strong> FTA’s with the<br />

European Union, Japan or China have bolstered optimism. Korea’s challenges are largely<br />

driven by the faltering US and European economies. The nation’s large conglomerates, the<br />

Chaelos, responsible <strong>for</strong> about half <strong>of</strong> exports have been impacted. The Bank <strong>of</strong> Korea has<br />

recently projected that export growth will slow down significantly. In addition, militant labor union<br />

and regulatory environments add to the challenges. The panel will address these opportunities<br />

and challenges within the context <strong>of</strong> specific contemporary manufacturing and service<br />

enterprises.<br />

Key words: Western Economies, Korea, Manufacturing, Service, Sourcing Challenges,<br />

Sourcing Opportunities.<br />

William Patrick Leonard serves as Vice Dean, SolBridge International School <strong>of</strong> Business and<br />

Senior Fellow <strong>for</strong> Higher Education Policy at the Rio Grande Foundation. He holds a Ph.D. from<br />

the University <strong>of</strong> Pittsburgh and a MBA from Loyola University <strong>of</strong> Chicago. He has served in an<br />

array <strong>of</strong> senior higher education leadership posts-dean library and learning resources, deputy<br />

chief academic and student affairs <strong>of</strong>ficer, chief academic and student affairs <strong>of</strong>ficer, campus<br />

CEO and college president. In all he has faced sourcing challenges. Leonard as has served in<br />

Guatemala, Germany, United Arab Emirates and currently Korea. His commentaries, essays<br />

and reviews number over 170 appearing in US and international publications.<br />

Tenth Annual International Daejeon, South Korea P a g e | 62<br />

Smart Sourcing Conference June 28-29, 2012

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