A Complete Guide to Make Product Sourcing Easier for you

If you haven’t outsourced products earlier and this is the first time you are trying to source products for manufacturing, you need to be familiar with some relevant and important aspects. This blog sums up a few vital facts about product sourcing that can help you make the right decisions and walk on the right path.

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How do Sourcing Agents Differ from Distributors

A sourcing agency acts as an intermediary appointed by the organizations to negotiate and guide in preparing contracts with the suppliers. Sourcing agents get a commission on the sales they make. A distributor, on the other hand, is an independent contractor who buys products from the wholesale market and sells them to the organizations. They can add charges to the actual price of the products to cover their own costs and profits.

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Why is China the Best Hub for Sourcing in Asia?

Sourcing from a foreign country needs your utmost attention and time. If you are considering sourcing in Asia, China can be your best bet. Go through this blog to learn why you should consider China and how China agents can benefit you.

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Wishing Merry Christmas 2021

Everyone at Dragon Sourcing extends a very Merry Christmas to our clients, staff, and partners. Wishing you and yours a very healthy and prosperous festive season and a happy new year.

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What Does the new Plastic Ban Mean for Turkey Sourcing?

Brands looking to reinvest in the Mediterranean market and explore Turkey sourcing need to come up with alternative packaging solutions or invest in plastic waste management to reduce the impact on the environment and human health. The new regulations should not, however, drastically impact the manufacturing and textile supply chains unless the producers fall under the categories defined in the regulations.

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Fibreglass Heat – Protection Tubing / Sleeving

Dragon Sourcing successfully identified 11 Chinese low-cost high-quality suppliers in the fibreglass Heat-Protection tubing/sleeving product category, after an effective two-stage screening process. Continue reading to learn more about Dragon Sourcing’s screening process and how it connects the right suppliers with the clients.

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The Flourishing Relationship Between Textiles and Ethiopia Sourcing

Ethiopia is positioned as one of the striking manufacturing hubs for the apparel industry as it brings several incentives like abundance of raw materials, low labour costs, etc. Take a look as we discuss the current outlook of Ethiopia sourcing in this sector and the common challenges plaguing the sector.

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Top Alternative Destinations to China Procurement

While China procurement continues to dominate the overseas sourcing scene, do any of other countries hold the potential to dethrone it to become the next “manufacturing hub”? Read here about the top alternative emerging markets that can be the next go-to sourcing destination.

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How Does Automotive Industry Sourcing Work?

Being one of the most complex supply chain networks in existence, how does automobile industry sourcing work? What are the latest trends in the sector? Continue reading as we answer some of the most important questions about automotive procurement.

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Common Mistakes to Avoid When Sourcing Products from China

Acquiring raw materials, goods, equipment, etc., can be easy, cost-effective, and scalable for product sourcing companies around the world. However, things may easily go wrong when sourcing products from China if the following mistakes are not avoided during the procurement cycle.

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Attracting Best Talents For Your Business – The Best Ways

How would you attract the best talents for your organization? This is a highly competitive world and you need to act smart to stay ahead of the game. The best talents are not waiting for your call. They will never come to you. All the major global sourcing services...

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How to Procure Commodities from India for Amazon?

Amazon sellers are well aware of the merits and demerits of obtaining products from China. Additionally, they face extreme competition, which is why they are looking for another option: India. India sourcing may not be right for every business, but getting products...

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How to Improve Supply Chain Efficiency

To sum up, improving the supply chain efficiency requires a team effort and proper strategy. It has no one-time fix. Rather, it is an ongoing process that you have to keep going at. Read more here!

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The Advantages And Disadvantages Of E-procurement

For instance, you can introduce e-procurement solutions gradually into your business based on the increasing requirements. In this way, you can ensure that the perfect solution does not disrupt or displace the existing systems but complements the opportunities to extract maximum value.

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Procurement Vs. Purchasing: Know The Difference

While acquiring goods and services for business operations, you may come across people who use the terms ‘purchasing’ and ‘procurement’ interchangeably. Since both of them are used when a firm obtains goods and external services, most people think they mean the same....

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The Outlook On 2021 Emerging Markets

In addition, emerging markets sourcing in Asian countries is set to benefit from the launch of the Regional Comprehensive Economic Partnership late last year. On the other hand, regional trade in African countries has also been bolstered by the African Continental Free Trade Area.

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Guide on Procurement in South Africa

The procurement laws of South Africa allow for a variety of different methods of purchase. Single-source procurement, as well as oral quotes and written quotations, are all governed by this rule.

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Benefits of Procurement in India

They have in-depth product expertise, excellent quality standards, and a large network of top suppliers who believe in ethical business practices and conformity with social and legal norms, among other attributes.

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Guide On How to Maximize Sourcing in Asian Markets?

Many domestic firms are still catching up to their European and American rivals, which has resulted in a blue ocean of potential for investors in this country. Asia is home to over two-thirds of the world’s population, and once fully operational, the Asia Pacific area generally accounts for 20-30 percent of worldwide income for technology businesses.

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Sourcing Handmade Products from India

Follow these India sourcing tips. These are the four main steps involved in sourcing handmade products from India. This way you can contribute to a sustainable supply chain and also swear to maintain a pollution-free planet.

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Factors to Consider When Sourcing Globally

These are the five handfuls of factors you need to consider when sourcing products globally. There are several barriers discussed in this context that you need to overcome. This makes most company owners considering global sourcing find the benefits are less than anticipated.

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Four Trending Products to Sell

These are the four trending products you can think about adding to your store. You can either drops ship the products from online stores like Oberlo or you can outsource the services to global sourcing services. These sourcing organizations are trustable and deliver products on time.

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Key Drivers in Procurement Strategy

The procurement intelligence tools like supplier market intelligence, supplier intelligence, artificial intelligence tools, and spend data analysis tools, when combined together or even when used separately will help organizations to shift from a reactive stage to a proactive stage.

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Do It Yourself or Hire a Sourcing Agent in China

These are the things you need to make sure if you choose to go without working with a sourcing agent in China. You can handle sourcing products from China on your own, if only you are aware of the task. However, if it id your first time, you are recommended to hire a sourcing agent.

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An Insight into Bangladesh Sourcing

Sourcing agencies across the globe are opening up to the possibilities provided by suppliers in Bangladesh and some of its neighbors. In terms of sustainability and ongoing cost reductions, the country offers a great host of benefits. Many businesses are choosing Bangladesh over more well-known sourcing destinations like China and Vietnam.

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Can Bangladesh Become the Next Apparel Sourcing Hot-spot?

The current market trends and needs indicate that Bangladesh has all the potential to become the future hot-spot for ready-made garment sourcing. More and more apparel companies from first-world countries are showing steady interest in Bangladesh sourcing as they continue to engage local manufacturers and suppliers.

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