samedi 27 juin 2009

Global Sourcing And It's Advantages Over Local Sourcing

By Davina Cruella Sandwich

Manufacturing and then importing from Asia / China can seem daunting, especially if you are a comparatively small business and have never thought about Global Sourcing.

The reality is that yes, it is tough. Just entering southern China (which is recognised world wide as the global production centre of the world) is formidable.

That should not put you off it though. If you can get a good import/manufacture company on the case, you will see the benefits from the first order. There are organisations out there that have great relationships with the best Asian manufacturers, and that really can save you time, effort and money.

It is of the utmost importance when trading with the Asian business world, that you understand their way of doing things, what motivates them and their culture.

By far the best method of achieving this is to get an organisation on board that can take care of it all for you. What you really want is an experienced company that knows the business protocol of the Asian industries. It is also important that your selected company is well known and trusted in the Asian business world, as this will help you to get the best prices available.

Of course the main benefit of low cost country sourcing is the price. Money in the Asian economy is on a much smaller scale, i.e. the pound () is worth much more there than it is here. It is for this reason that they can offer unbeatable prices, while maintaining the welfare of their workers by providing them with a comfortable wage.

Another advantage of this type of production is that it offers you a vast range of supplier resources, which, if taken advantage of, can give you a massive advantage over your competition.

A company that specialises in this area would be an extremely valuable relationship to make. These companies take all the responsibilities of finding good suppliers and manufacturers in very competitive environment.

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