Sourcing

Sourcing is the process of finding and acquiring goods suppliers and services for your company. It can be a challenging process, but with the right sourcing agent by your side, it can be a lot easier. Our team of sourcing agents has put together a host of articles to help you learn all about sourcing.

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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what makes a good sourcing agent

What makes a good sourcing agent?

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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Budget considerations when sourcing new suppliers – A Procurement Agency’s Tips

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, […]

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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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Source products from Asia – How to

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 […]

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Sourcing Agent in China – Cut Costs for Revenue Growth

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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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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Product Sourcing Agents – The What, The Who & The How

Product Sourcing Agents – The What, The Who & The How

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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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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