points to remember before choosing product sourcing companies
Post on 21-Jul-2016
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Points to Remember Before ChoosingProductSourcingCompanies
By http://www.dragonsourcing.com
Strategy is very crucial for sourcing.Selecting the correct strategy meanshalf the job done. Rest is to implementthe strategy effectively.
You have to strategize in a way thatboth sourcing and procurement can bedone very smoothly. Here you can dothis on your own or seek help fromproduct sourcing companies.
Strategy
Flexibility
You always need to be flexible withyour plans. If the chosen companyfails to give you desiredsuccess/profit then you shouldalways be prepared to outsource itto another company.
Information
You need to make sure that you’ve got all thenecessary information. For example, thestakeholders, the agents, the end users etc. Thiswould really help in gaining clarity.
Risk Factor
Communication or Languageproblems.
The quality of supplying goods ormaterials.
Increased logistics cost.
Delivery concern.
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