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.

Supplier relationship management and how a sourcing agent can help

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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What’s the difference between Direct and Indirect Procurement?

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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How to improve your sourcing process for a leaner team

Before we get stuck into the best steps for improving your strategic sourcing process, first let’s begin with a quick introduction and breakdown of strategic sourcing itself. So, what is it? Strategic sourcing is, in a nutshell, a process that impacts all facets of a business. This involves internal collaboration with suppliers, as well as […]

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Understanding the procurement process

The promotional products industry in Asia is big, and it’s not going anywhere. As promotional products become more popular, the promotional product industry will continue to grow. But with growth comes problems. Namely, how do you get noticed? How do you get your promotional products into the hands of people who might want them? And […]

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Sourcing vs Procurement – What is the Difference?

On the surface, it is quite easy to mistake sourcing and procurement as being synonyms for securing supplies for an organization. However, they are not. Yes, they are both related and certainly play pivotal roles within the supply chain, but they are quite different, and it is important that you understand those distinctions. In this […]

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