by Deb Dulal Das | Mar 13, 2024 | Blog, Global Market, Sourcing
The present global landscape provides many chances for businesses to extend and enhance their supply chains. The days of relying on a single market for all of your buying requirements are gradually coming to an end. Various parts of the globe have unique benefits as...
by Deb Dulal Das | Feb 29, 2024 | Blog, Global Sourcing, Sourcing
Adidas is a large international company that specializes in athletic apparel and gear. Their worldwide sourcing approach prioritizes the environment and ethical standards. The company increasingly relies on suppliers outside of Germany for 97% or more of its products,...
by Deb Dulal Das | Feb 26, 2024 | Blog, Sourcing
The entire process of product sourcing is very challenging. Businesses are always caught in a tug-of-war between minimizing costs and maximizing quality. Companies must choose between quality and reasonable cost when picking suppliers. Striking a balance between...
by Deb Dulal Das | Feb 21, 2024 | Blog, Sourcing
In recent times, Southeast and South Asia have been gaining importance as major sourcing destinations for global businesses. These regions have roughly 2 billion people with promising economies. Companies seeking to grow their purchasing operations have a lot of...
by Deb Dulal Das | Feb 13, 2024 | Blog, Sourcing
While China remains a key player in global sourcing, businesses are broadening their horizons to include Africa, Latin America, Eastern Europe, South Asia, and Southeast Asia in their supply chain diversification strategies. This shift is drawing attention to a...
by Deb Dulal Das | Feb 8, 2024 | Blog, Sourcing
Companies view Africa as a treasure trove of sourcing opportunities. Its landscape presents a kaleidoscope of potential that goes far beyond its vast mineral wealth. The continent is diverse, with over 54 countries. Each country has its unique resources, cultures, and...