Global sourcing is quite common today. Services and products are procured from the global market across geopolitical barriers. The idea is to utilize global efficiencies while delivering a particular product or service. Raw materials at low costs, skilled labor at relatively low cost and some other economic aspects such as low trade tariffs and tax breaks are sought. The entire exercise is to find and procure superior sources of supply across the globe. It assures lower prices and enhanced quality. For example, there has been an increase in currency valuation and escalation of costs in China. As such Bangladesh is a more favorable sourcing destination for garments and textiles. Also, Turkey has become quite a preferred sourcing destination for various product categories. A trusted procurement service provider such as Dragon Sourcing can deliver sustainable value for their clients from emerging global markets.
The Need for Procurement Service Provider
Resources from low-cost countries cost only one-third to about one-fifth of the costs quoted by Western countries. As such global sourcing services have now become an essential business strategy. However, most companies are lacking in process maturity. Unfortunately, these companies are not adequately equipped for managing globally distributed teams to enjoy cost savings. At the same time, it would not be wise to depend on local resources. It is advisable to track a global source of efficiencies. This is exactly where the need for procurement service providers arises. They are known to deliver sustainable value when you procure efficiencies from emerging markets. Now you can face competition in the global market far more effectively. Grab the opportunity to expand your business by hiring a qualified and reliable sourcing services provider. Take advantage of procurement savings that can directly affect the bottom line of your business.
The Advantages of Global Sourcing Services
Direct sourcing from suppliers helps to realize value. Companies can now get competitive edge and savings of course. Savings come from low-cost emerging markets and also, from retaining the margins that are conventionally charged by distributors and agents. Expert sourcing services providers are known for their end-to-end sourcing abilities. They are able to track the most competitive and capable suppliers. Gaining access to the emerging markets could be pretty challenging. Dragon Sourcing boasts of a network of offices globally. It helps to open up emerging markets to you whether in Eastern Europe, Latin America or Asia. Reliability and quality is assured through effective communication and management of ground-level suppliers. Sourcing services help you to secure value to the bottom line rapidly, while minimizing risks. A reliable sourcing company helps organizations to find an appropriate supplier, negotiate the best commercial terms and enhance supplier relationships.
The Best in the Business Today
Dragon Sourcing provides a comprehensive sourcing service to all organizations desiring procurement from emerging markets. It is the best source of global procurement intelligence. Efficient and expert global sourcing services are available for procuring competitively for export or local operations, from emerging markets. Dragon Sourcing is your most competent partner for all kinds of procurement or sourcing solutions. They focus on long-term relationships. They firmly believe in business integrity, transparency and trust in all their operations and business deals.
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