by Deb Dulal Das | Apr 30, 2024 | Blog, Overseas Sourcing, Product Sourcing
In today’s global economy, sourcing products from overseas is a strategic approach many companies use to optimize their operations and enhance their market competitiveness. This practice involves purchasing goods or services from countries other than one’s...
by Deb Dulal Das | Apr 29, 2024 | Blog, Overseas Sourcing, Product Sourcing
The U.S.-based holistic healing company, with roots in traditional Chinese medicine, aimed to enhance the quality of its acupuncture needles. The objective was to identify an alternative supplier in South Korea capable of meeting their stringent quality requirements...
by Deb Dulal Das | Apr 29, 2024 | Blog, Overseas Sourcing, Product Sourcing
A leading nutritional company aimed to achieve significant savings by consolidating procurement and directly sourcing from manufacturers in emerging markets. The sourcing strategy focused on five key categories: vitamin B, joint care, amino acids, fish oil, and...
by Deb Dulal Das | Apr 28, 2024 | Blog, Overseas Sourcing, Product Sourcing
This case study explores the identification and analysis of potential suppliers for semi-finished artificial grass carpets. We assessed a total demand value of €939,800 for three product items, with import duties ranging from 0% to 8%, depending on the country of...
by Deb Dulal Das | Apr 28, 2024 | Blog, Overseas Sourcing, Product Sourcing
A global client aimed to reduce electronic sourcing costs while maintaining quality standards. They embarked on a strategic sourcing initiative across China, Vietnam, and Turkey. With an annual spend of €4.75 million over 16 RFQ items, the objective was to identify...