UCT Design
What does a sourcing agent do? A sourcing agent is an individual or agency that represents a certain buyer in the sourcing of commodities and products that would otherwise be out of the buyer’s scope. Sourcing agents are typically required when it comes to international trade – particularly in new markets where the buyer has […]
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In today’s international market there is a large number of organizations that rely heavily on sourcing operations in order to reduce their overall production costs and up the quality and consistency of their end-products. Not only this, but it helps firms to lower the costs involved with production and their services, thus attracting even more […]
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A promotional product can be such an effective tool to keep your brand visible, leave a positive impression and remind your customers to come back again soon. Whether this is a long term product like the sweater below or even just a short term product that may be used once, it is still important that […]
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There is always a fair amount of confusion when it comes to procurement and purchasing. As the two process are so closely linked, it’s easy to get them mixed up. In this article, we’ll aim to clear up that confusion and outline the key differences between both processes, for your convenience. Let’s get stuck right […]
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What is corporate sourcing? In the world of sourcing, procurement, and supply chain management, there are many different terms thrown around and so it can be quite difficult to navigate – particularly for those who are completely new to the industry. In this article, we’re going to focus specifically on corporate sourcing, what it involves, […]
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A common misconception that many business owners are now realising is that “low wage” doesn’t necessarily result in “low skill”. As such, there are many people who are leveraging partnerships with overseas manufacturers and suppliers like China. This resulted in an attractive blend of lower costs, high-quality capabilities, investor-friendly policies, and a larger market. That […]
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Maintaining solid supplier relationships is crucial to your business’s continued success. In this article, we’re going to go into more depth regarding supplier relationship management, and how hiring a sourcing agent to assist you with these requirements can be of great benefit to your business. Here’s everything you need to know… What is supplier relationship […]
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When it comes to starting a new business there are a million and one things that you need to think about. One such thing is finding all of the primary resources your business requires to operate; which is one of the first and most crucial steps of all. The manufacturer that you settle on – […]
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In the world of sourcing, procurement, and logistics there is a multitude of different abbreviations and terminology being thrown about – so it’s no wonder why many people who are new to the industry end up feeling a little lost and overwhelmed. For example, what’s the difference between direct and indirect procurement? Is there an […]
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As you begin to grow and expand your business, discovering new and innovative ways to cut costs and improve the quality of your organization’s processes becomes an essentiality. If you are to grow beyond a certain point and begin out-performing many of your competitors, it may be worth looking beyond sourcing domestically and venturing further […]
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