Learning

UCT (Asia)’s 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. In this category, you will find a series of articles about Learning related to procurement and sourcing. We hope you find these articles helpful and informative.

What is Strategic Sourcing

What is Strategic Sourcing?

Strategic sourcing is a methodology of supply chain management that improves the way in which information is both gathered and used so that an organization can leverage the data to consolidate purchasing power and identify the best possible values within the market place and then align a purchasing strategy accordingly with business goals. This is […]

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what does a sourcing agency do

What does a Sourcing Agency do?

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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pick the right product to match your brand - branded promotional products

How to Choose Effective Promotional Products that match your brand

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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High End Promotional Products – Raise Awareness with wealthy Prospects

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 […]

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How are procurement and purchasing different

How are procurement and purchasing different?

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 a request for proposal (RFP) document for procurement

What is a request for proposal (RFP) document for procurement?

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 […]

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Why use a Procurement Consultancy? And what you should consider

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 […]

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What Is Corporate Sourcing?

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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Key Skills Every Procurement Specialist should have

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 […]

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The Difference Between Procurement and Supply Chain Management

When you hear the terms purchasing, product acquisition, and procurement being thrown around, it’s easy to get them confused. After all, they all sound like three different ways of describing the same process, right? Certainly, there are similarities, but in fact, they are completely different processes. The same applies with procurement and supply chain – […]

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