If China is front and center of your sourcing strategy, make sure you are associating with a sourcing partner that has a strong presence in Chinese marketplaces. It is wise to choose a consulting firm which has delivered Chinese sourcing solutions to other businesses. Depending on your core requirements, they can come up with flexible time and… Continue reading Elksourcing：Key Strategies for China Sourcing
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Elksourcing：How Can Sourcing Agencies Help Your China Sourcing?
For a business to set up its own manufacturing facility or procurement office in China is actually impractical. Such decisions raise and increase the hassle of business owners. Instead, any business that wishes to explore China sourcing, should do it with a reliable sourcing agency. There are many reasons for consulting with agencies that have… Continue reading Elksourcing：How Can Sourcing Agencies Help Your China Sourcing?
Elksourcing：Key Objectives of Global Procurement
Procurement solutions should not be viewed as fixes, as they can continue to offer benefits for. While it is practical to be realistic about initial profits and cost savings, nurturing a sourcing mechanism can prove advantageous in the long run. Let us look at some of the key objectives of procurement. 1). Long-term cost savings You… Continue reading Elksourcing：Key Objectives of Global Procurement
Elksourcing：Brief of China Sourcing Prospects and Facts
1. China is the second largest economy in the world and has a huge open marketplace that welcomes foreign investment. The economy of China has grown by over 300% in the past decade. 2. Per capita income in China is still considerably low, when compared to those in many leading western countries. It also has the world’s largest… Continue reading Elksourcing：Brief of China Sourcing Prospects and Facts
Elksourcing：How to Qualify a Sourcing Agent from China?
China has got certain benefits in terms of overseas sourcing, however, in order to do it properly, a professional sourcing agent is needed. Do you know how to qualify a sourcing agent? You may ask below 10 questions. 1)What sort of services can a sourcing agent offer? Obtaining products from China is often underestimated. It requires good… Continue reading Elksourcing：How to Qualify a Sourcing Agent from China?
Elksourcing：Quality Control When Source Products from China
China is called “the world factory” for its business ecosystem, huge labor pool and low production costs. As a result of focusing on production-oriented upstream and downstream in production facilities, materials, design, and freight transportation within a specific area, a close economic and technological cooperation circle has been established to reduce production costs and increase production… Continue reading Elksourcing：Quality Control When Source Products from China
Elksourcing：Things to Consider for Choosing a Sourcing Company
After several painful lessons of trying to “buy direct”, are you planning to hire a sourcing company for your business? If that is the case, then you are making a good choice. But, are you going to hire one just because you have heard how they can benefit you? You might end up selecting a wrong agency… Continue reading Elksourcing：Things to Consider for Choosing a Sourcing Company
Elksourcing：Pros and Cons of Sourcing from China
Businesses in the west have always been on the lookout for profitable product sourcing opportunities. Sourcing and global procurement used to be concepts that just big businesses considered. However, now even those who are just starting out look towards developing countries to cope up with high material, labor, infrastructure and energy costs. Pros of Sourcing from the… Continue reading Elksourcing：Pros and Cons of Sourcing from China