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Points to Remember before Choosing Product Sourcing Companies
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Transcript of Points to Remember before Choosing Product Sourcing Companies
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P o i n t s t o Re m e m b e r B e f o r e C h o o s i n g P ro d u c t S o u r c i n g C o m p a n i e s
By http://www.dragonsourcing.com
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Strategy is very crucial for sourcing. Selecting the correct strategy means half the job done. Rest is to implement the strategy effectively.
You have to strategize in a way that both sourcing and procurement can be done very smoothly. Here you can do this on your own or seek help from product sourcing companies.
Strategy
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Flexibility
You always need to be flexible with your plans. If the chosen company fails to give you desired success/profit then you should always be prepared to outsource it to another company.
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Information
You need to make sure that you’ve got all the necessary information. For example, the stakeholders, the agents, the end users etc. This would really help in gaining clarity.
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Risk Factor
Communication or Language problems.
The quality of supplying goods or materials.
Increased logistics cost.
Delivery concern.
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