Companies from all over the world have taken the opportunity of sourcing in China and outsourced part of their production to China. In theory the profits expected are huge but on the ground, it is not as easy. Many companies encounter difficulties in dealing with Chinese suppliers. Sourcing is an English term that refers to practices aimed at finding, evaluating and contracting with suppliers of goods and services. See our section Sourcing & Procurement The main tasks are: Increased competition of existing suppliers with lower prices Identifying new suppliers for the international market Discovering innovations offered by new suppliers Here are a few tips to source out of China: Use […]
