Business
Welcome to the UCT (Asia) Business blog category. Our team of sourcing and procurement agents for Promotional Products have written a series of articles to help business owners and entrepreneurs learn about the various aspects of doing business. We hope you find these articles helpful and informative.
Using promotional products to raise your brand awareness and attract new customers has been a popular method of advertising for many years. If you are looking to attract wealthy prospects then the very same method can apply – only with high end, luxury promotional products. In this article, we’re going to talk about the benefits […]
When sourcing new suppliers, it can be a stressful and complicated process. However, if done right and with careful consideration, it can bring about great and positive changes for your business. In this article, we’re going to take a closer look at budget considerations when you are sourcing new suppliers, for your convenience. But first, […]
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 […]
If you are new to the world of sourcing, procurement, and supply chain management, then the odds are that you’ve found yourself feeling a little overwhelmed by all of the abbreviations and terminology involved. For example, what is an RFP (request for proposal)? What is the document used for and why are they important? In […]
There are many aspects to keeping a business or organisation functional and trying to take them all on by yourself is an impossible task. Just as you would hire an accountant to handle the books, there are practical advantages do using a procurement consultancy. But, why use a procurement consultancy? And if you do decide […]
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, […]
If you have been thinking about a career change and you’re looking for a new challenge, then a procurement specialist could just be the perfect opportunity. But, what does a procurement specialist do, and what are the key skills that every procurement specialist should have? In this article, you’ll learn everything you need to know […]
As a business owner in the retail sector, one of the most crucial aspects of running your operations is sourcing the right products. But did you know that you can source products from overseas? And that in many cases you can actually save an awful lot of money? In this article, we’re going to look […]
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 […]
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 […]