Things to know | Dragon Sourcing

How Can 4th Generation Procurement Help You Succeed in Asia?

The route to 4th generation procurement is laid out perfectly. But, most Asia-Pacific businesses face a range of internal and external obstacles. To overcome them and obtain the best Asia procurement results, contact a reputed sourcing company.

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....

5 Steps to Implement an Effective Global Sourcing Strategy

To sum up, a successful global sourcing strategy is a continuous process. You don’t just device a plan and set it in motion. Rather, you have to regularly monitor, nurture, reassess, and modify the strategy based on changing demands and market conditions.

Should We Stop Paying For Procurement Solutions? Here Is The Truth!

The ‘best of breed’ method to digital revolution creates a ground-breaking chance for procurement solutions, but only if we have these much-needed updates to our technology selection process.

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.

Do You Need A Sourcing Agent In China, Or Can You Do It Yourself?

Prepare for delays and legal issues if you are not familiar with the Chinese legal system and its nuances. If not, a China sourcing agent may just be what your business needs to gain an edge over the competition.

Pros And Cons of Offshore Software Development in Eastern Europe

Freelancers are generally self-employed individuals who do not work for a web development company or organization. As a result, they are not obligated to any long-term obligations and are free to withdraw from the initiative and cease replying at any point.

Four Main Reasons for Organizations to Consider Strategic Sourcing

The only way open to success for today’s organizations is utilizing the most beneficial cutting-edge tools and implementing a properly structured strategic sourcing plan.

Current Scenario of the Textile Industry in Bangladesh

To reach this position, it will require considerable expansion in this area as well as fair access to the markets of the United States and the European Union.

“Extraordinary Times Call For Extraordinary Measures”: It Is Time For Supply Chain Leaders To Play Aggressive

While the world continues to recover from the COVID-19 aftermath, it is clear that this is not the last attack on the global sourcing channels. So, we need to learn from the crises and translate those lessons into actions as soon as possible. This, however, is not possible as long as we play it safe. So, it is time to go big or go home.

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.

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.

Wok Cookware Case Study – Dragon Sourcing

With sheer market experience, Dragon Sourcing compared the pricing and audit the suppliers’ post sampling to help the client identify the best prospects and potential options.

A Six-step Process to Finding the Right Die-casting Manufacturers in China

These are the steps you have to follow in order to get work with a quality die-casting manufacturing company in China.

Tubular Components Case Study – Dragon Sourcing

This entire approach helped the client compare the pricing and identify the options that seem perfectly appropriate for the purpose. Know more here!

Turkey: A Sustainability-driven Apparel Sourcing Nation

The turkey sourcing companies are aiming at improving their production numbers, quality, and value added products in to an era where the world will know Turkish industry for its quality, pricing, and trademarks.

Three Steps to Maximizing Sourcing opportunities in Asian Markets

If buyers have the answers to these questions and in the right way, they can proceed with initiating sourcing relation with Asian countries.

Four Myths and Facts about Mexico Manufacturing

The Mexico sourcing agencies are highly reliable when it comes to delivering high-quality products. You can trust them with your manufacturing requirements and they will surely stand out your expectations.

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.

Tips to Hire Remote Software Developers

These are the tips for hiring remote software developers from the best country sourcing.

How Procurement Industry Can Recover From The Effects Of COVID-19?

Bespoke business models are considered and some of the collaborations have already started following those with a positive outcome. Know more here!

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.

Top Trends Expected To Shape The Procurement and Sourcing Market In 2021

It is obvious that transformation is going to happen. The way collaboration and operation with the stakeholders (external and internal) are happening till date, will certainly go through modification. Know more here!

Tips to Work with Chinese Suppliers

When you follow these rules, you will amazed to see how much difference it really makes.

The Future of Information Technology in India

These are the four main trends that will affect and positively impact the Information technology in India. Not only in India, but throughout the world will these trends have an ever-lasting impact.

Is Product Supply More than Moving Products? Find Out Here!

Operating a supply chain is not easy, it involves team work and willingness to face the challenges that can crop up anytime.

Know How Offshore Development Countries Impact Outsourcing

Take all the discussed factors into account to come to the conclusion about which offshore country would prove to be the most beneficial for your business.

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.

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.

Rise and Fall in the Textile Industry of Turkey

To prevent any type of substandard material that may affect your product, you should make sure that the Turkish manufacturers undergo robust checking of the raw materials being used for manufacturing the services.

Procurement Intelligence: What It Is And How It Can Benefit Your Organization

The use of procurement intelligence is just about finding the correct data and putting them to use at the right time. This allows the procurement service providersto come up with the right strategies and move the information in the positive direction.

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.

Product Sourcing Made Easy: Where to Source from in 2021

No matter how much discount a supplier is offering you, make sure that you conduct full-proof research before entering into any partnership. This way, you can minimize the risk factors and ensure a profitable business. Know more here!

An Insight into How the Top Companies Are Using Strategic Sourcing

For all the top-ranking enterprises in the world, including those in the Fortune 100 and 500 lists, strategic sourcing has proved to be the most effective way of business growth and acquiring a competitive advantage. Know more here!

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.

Survival Opportunities for E-commerce Stores amid COVID-19 Pandemic Outbreak

Besides following these tips, product sourcing companies need to look after the safety measures of their employees. In addition to putting these measures into action, make sure to keep your customers updated with what you are doing, like how their products are delivered.

Ethiopia Sourcing: Challenges Faced and Preventive Measures Followed by Authority

Some factories even highlighted the need to set quarantine protocols and testing facilities in case of COVID-19 suspected cases within the organizational parks.

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.

Four Main Talent Acquisition and Sourcing Trends

These are the various talent acquisition and sourcing trends that talent sourcing companies need to follow in order to attract talented candidates and shine among other competitors.

Five Main Strategies to Find Profitable Products

Once you follow these strategies and know what to sell, sourcing products from China becomes easier. Follow these amazing strategies and grow your business like never before.

Get a Detailed Idea about Product Sourcing

Measure the right choices for product sourcing and weigh your options carefully. The best strategy would keep your business growing and your customers happy.

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.

What are the perks of outsourcing to Eastern Europe?

Though you may find some disadvantages and limitations whilst outsourcing in Eastern Europe, you will save a lot of cost on infrastructure and technology in the long run.

China’s Medical Export Provides Ray of Hope to the World

China’s ramped up production will reduce the government’s pressure and they may feel reduced enforcement to rampant new trade barriers, and finally start sourcing products from China.

Two Ways of Driving Global Green Recovery through Innovative and Sustainable Procurement

These are the two main ways government can use procurement intelligence tools to position procurement practices and drive innovation and sustainability. These practices will allow public procurement to shine.

Supply Chain Designing Strategies for a Growing Automotive Industry

If you want to know about the most complex industry in the world, that is the automotive industry. The automotive supply chain industry that manufactures vehicles is becoming exceptionally global with every passing day, second only to the electronic industry. With the...

Top Six Factors to Consider When Sourcing Globally

The sourcing agencies must consider these factors before they think about sourcing globally. Once they make an informed decision by considering these factors, you can enjoy conducting a profitable business and add value to your organization.

How are Emerging Markets Responding to the COVID – 19 Crisis?

The emerging markets are responding quite intensely to the COVID-19 crisis. These viable policy-making and actions will aid businesses that look forward to product sourcing in 2021 and beyond.

Procurement and Supply Chain Management

The global procurement service managers and the supply chain managers work independently in their lines of work and bring success to an organization. Know more here!

The Complete Guide to Import Building Materials from China

According to most builders, importing home building materials from China comes with several benefits. For builders from foreign countries, China sourcing wholesale building materials at a low price from Chinese manufacturers has significantly increased their revenue,...

A Five Step Guide to Mitigate Supply Chain Risks during COVID-19

The COVID-19 pandemic outbreak has created an alarming situation for the supply chain across the globe. Most of the supply chain organizations are in a state of shock due to the increased supply chai disruptions and reduced cash flow amid the outbreak. The best...

An Insight into the South Asian Apparel Sector and How it Can Become More Competitive?

South Asia is likely to dominate the clothing market in the future. If you are thinking about buying apparel from this region, contact an expert sourcing agency in Asia.

Procurement Predictions to Look For in 2021 and Beyond

These are the procurement predictions for 2021 that procurement teams can implement in their working strategies to weather the storm.

Sourcing Goods and Services from China—A Step-by-Step Guide for Small Businesses

Sourcing from China involves many potential risks for small US-based businesses. To avoid them, you must collaborate with a reliable and efficient sourcing agent in China. Know more here!

Safeguard Your Supply Chain with These Five Steps

Here you will gain insight into five such steps that will help you in safeguarding the supply chain’s data.

The Four Useful Tactics to Tackle Economic Disruption in 2021

This section of the context will point out the incredible tactics chief procurement officers can apply to survive through a pandemic that massively disrupted the supply chain.

Artificial Intelligence and the Future of Procurement

Smart procurement professionals understand the benefits of forging a symbiotic relationship between human talent and technology as part of the digital transformation process. Know more here.

Advantages and Disadvantages of Sourcing Away from China

Here are some of the reasons behind worldwide organizations are looking forward to breaking their relationship with China.

The Impact of COVID-19 on Outsourcing Companies

Covid-19 is having a significant effect on the India sourcing organizations. Since these companies act as helping hands for some of the major corporates, inconsistency at the primary level can cause drastically affect the overall business world.

Products Sourcing – Selling Wholesale Products Online

Read here to learn the ways to proceed with your product sourcing process.

Four Asia Trends to Impact the Next Phase of Globalization

here are the Asian trends that will have significant impact on the supply chain management, engagement of employees in work-related environment, sourcing strategies, revenues and expenses, current assets, sustainability ownership, and most importantly, engagement of market and consumer. Read on to know the principal trends.

Five Trends to Shape Procurement and Sourcing Beyond 2021

Here, you will learn about seven such survival trends that will rule the sourcing and procurement industry beyond 2021.

Dragon Sourcing’s Procurement Outsourcing Management During This Pandemic Situation

Know how Dragon Sourcing effectively manages procurement outsourcing during this Covid-19 pandemic situation

COVID-19 and Flexibility Innovations in Food Supply Chain

Nobody is aware of the timetable when COVID-19 will be lifted, but the sourcing companies that have used the down time in a positive way (as described above) will definitely come out fitter in the near future.

Five Ways to Deal with Sourcing Mistakes

This post is all about pointing out the several sourcing mistakes and describing the ways to avoid them. Read to know details.

Procurement Outsourcing On The Verge Of Pandemic

We do not know whether success is written on the cards or not, the choices may well prove to create some kind of positive impact in the lives of leading multinationals. The supply chain leaders and procurement experts must focus on the factors mentioned here.

Procurement Trends in 2020 and Later

Read on to know the four trends observed by global procurement service providers that will define the future of procurement in the years to come.

Sheet Metal Fabrication & Machining Parts Case Study

Dragon Sourcing aimed to source sheet metal fabrication and machining parts from South of India, especially Tamil Nadu and other bordering states. Find details here!

Analysis of Global Procurement Outsourcing Service Market Impact in Near Future

These factors include drivers, constraints, industry-specific challenges, and opportunities. The study was mainly performed to analyze the micro-markets strategically with respect to the individual growth patterns, contributions to global market, and prospects.

Automotive Trends to Follow in 2021 and Beyond

Since the marketing playbook has changed, you, as an automotive industry sourcing specialist, need to adapt to these dramatic changes. Read more here!

Safe Practices to Ensure Effective Outsourcing from China

Take a look at the following problems to know about them and get an understanding of how to deal with them

6 Procurement Lessons Businesses Should Learn from the COVID – 19 Crisis

These lessons will not just help procurement and supply chain leaders, but also people who are thinking about indulging in procurement outsourcing now.

Emerging Market Stocks – Looking Former The COVID-19 Pandemic

The fight among the country people to defeat the virus’ power has prompted changes in the behavior of the consumers and the corporate as well. This has caused the opportunities of the EM markets to wide open their pockets that will enable them to endure the pandemic situation now and later.

How Vital is Social Sourcing for Talent Acquisition?

Social sourcing strategies can be effectively utilized by sourcing services to find effective candidates. This can save resources and time and add value to the organization.

Peering Closer: How Procurement Disruptions and Decisions are Affecting The World Bank’s COVID-19 Response

The World Bank is planning, implementing steps as well as creating agencies to ensure that countries in need get the aid they need.

Cloud-based Sourcing Strategy- This is Where the Future of Product Sourcing Lies

The cloud-based sourcing strategies can really add value to your organization and help you stand out in this competitive business world. Know more here!

The COVID-19 Pandemic Attack- How It Might Affect the Apparel Sourcing Companies

Based on this trade analysis model, there are four preliminary findings. In this context, you will gain insight into the four findings. Read blog now!

Quick Bites: All You Need To Know About Procurement And Sourcing

If a company doesn’t have the funds to maintain a sourcing team for the long term, they can hire one of the strategic sourcing companies. These companies will take over the sourcing department’s job and ensure that the business gets the suppliers they want and that too within their budget.

Seven Essential Steps for Strategic Procurement Process

The procurement team positively benefits from strategic sourcing in several fields, such as increased compliance, lowered cost, and optimized productivity. Strategic sourcing is also helping companies improve in data collection procedures and digital transformation processes across the industry. This is making strategic sourcing methods popular in the supply chain processes and revolutionizing procurement.

Top 5 Ways to Find a Good Procurement Agent in China

Whether you wish to purchase goods on a small or large scale, hiring China sourcing agents can help you experience many useful services that can effectively simplify the purchasing process.

Advantages of Sourcing in Emergent Markets for the Growth of Businesses

Sourcing agencies can tremendously profit companies from emerging markets. You can contact them and enjoy tremendous success in various business operations.

Outsourcing in Bangladesh- A How to Do and How to Start Guide

Read on to know about the background of outsourcing and the various tasks that you can outsource in Bangladesh for giving an edge to your business.

Reasons Why Outsourcing Can Be Done in Turkey

In the last ten years, the per capita income of Turkey has risen considerably, much to the satisfaction of the Turkish government. Read in detail here how you can benefit outsourcing in Turkey

Benefits of Sourcing Products from China

Manufacturing products from china is considered as a practice that is recognized as a vital asset to have reduced costs in works by international businesses. Read here for insights.

A Complete Guide to Procurement Process

Procurement has become a necessity for a business to thrive in a competitive market. Here’s a complete guide on the procurement process.

South Africa- A Rising Economy for the Western Market

If you are too looking for a low-cost country and planning to invest in procurement, South Africa is a wise choice amongst all other rising markets. Get in touch with sourcing agents or distributors and reach the right manufacturers in the market.

The Nine Core Purchasing Strategies

Here are the nine fundamental purchasing strategies that every CPO should follow in order to provide the businesses with quality products so that the owners can operate their businesses optimally. The CPOs of Asia sourcing agency effectively follow these strategies to ensure your business gets the best of the best.

The Five Necessary Stages Required to Structure a Good Global Sourcing Strategy

Almost every industry is choosing global sourcing services as an alternative. But every marketer needs to note that dealing with the global sources would mean dealing with constant changes in the rules and regulations. Know more here!

Investing in the Emerging Market

These techniques have become more comfortable with the recent advancement in technology, which is quite affordable for Indian investors. Read more here.

How To Choose A Sourcing Firm

The here-mentioned points represent some of the key factors which must be noted while choosing a sourcing firm. It is advisable for a company to make informed decisions so that there is an opportunity to enjoy a profitable business.

Calcium Propionate Sourcing Project Case Study

A leading Swiss company approached Dragon Sourcing to explore the new potential suppliers developing food-grade Calcium Propionate across parts of Asia. Read details here!

The Principal Wholesale Product Sourcing Strategies for Ecommerce Business

Of all eCommerce business model strategies for product sourcing, wholesale is the most uncomplicated. The strategy depends more on the calculations than how well you implement it. Know more here.

What are the Key Motivations for Emerging Markets Sourcing?

Businesses can witness marked improvements by the here-mentioned intelligent global sourcing strategies. Get in touch with a reputed sourcing company to achieve optimal sustainability.

Things to Know Before Outsourcing in Bangladesh

Among Asian countries, Bangladesh is one of the fastest developing countries and has slowly risen as one of the most popular choices in the field of outsourcing. Know more about outsourcing in Bangladesh here.

Sanitizer & Disinfectants During COVID 19 – A Brief Study

In the ongoing pandemic, the demand for disinfectants and sanitizers has grown manifold. To meet the increasing requirements, the WHO has recommended two formulations based on 75% Isopropyl alcohol and 80% Ethanol separately for local manufacturing. Know more here!

A Complete Guide To Procurement Intelligence

If you are wishing to stay ahead of your competitors and know the current scenario of the market, hire a team of procurement experts and see how your business adopt new changes and improve.

A Brief Look At The Turkey Sourcing Situation

The process needs to get fine-tuned to make the entire scenario run on a smoother note. Being in touch with Turkish manufacturing units is of crucial importance.

Benefits Of Turkey Sourcing

Turkey procurement is beneficial because it provides a diverse range of good quality products at a cheaper rate. The country enforces strict controls to make sure that the product qualities are not being compromised. The corporate social responsibility of the country is highly impressive. The key to Turkey’s success is its communication and speed.

Dragon Sourcing Newsletter – Syringe

Some of the top 10 syringe exporting countries like, China, Italy, the USA and the UK, are facing production and transportation restrictions due to the coronavirus pandemic. Local companies are stepping up to increase syringe production and tackle the current public health emergency.

How Will Product Sourcing Companies Help Achieve Your Business Dreams?

Undoubtedly, hiring expert product sourcing companies will be extremely viable for you. Get in touch with a prominent one and let them help execute your business plans to perfection.