In this PPT, we have shared various benefits of hiring a professional sourcing company and how they can help you to maximize your business revenue. The PPT has been presented by - http://www.dragonsourcing.com/
2. Introduction:Introduction:
Sourcing is a proven method to increase business revenue. Business owners in western countries
sometimes depend on sourcing to decrease their expenditure. Most low-cost countries exports
agricultural products, work force, raw materials, finished goods to western countries. Sourcing is a
very popular method with few advantages and disadvantages. You have to be concern about
various drawbacks when investing in foreign countries. Let’s check out how professional
sourcing companies can help you to overcome these drawbacks.
3. Communication & LanguageCommunication & Language
Barrier:Barrier:
People from countries like China, Japan, Myanmar, Brazil and Middle
East are not really familiar with English. So its kind of hard to
communicate with them if you are a foreigner. A sourcing company
can communicate with them on your behalf. They can even work as
a translator. As a communicator sourcing companies will help you in
every step like finalizing deals, offering training to workforce, day
to day communication, transporting etc.
4. Quality control:Quality control:
It is not really feasible for you to fly to another country each time if you want to check quality
of the products. A sourcing company can actually help you in this case. They can physically visit
manufacturer’s plant and can check the quality of the products.
5. Government Policy and Political Stability
Government trade policies in a foreign country can be very complex for you to understand. You
may even miss some points for which you can be harassed later. A sourcing company cans
you to understand each policy. Also they can keep track of the new policies formed by a
country and can notify you.
The political instability in a country can harm your sourcing procedure. You certainly do not want
to be a sandwich in-between political violence and instability. A sourcing company can guide
you in this case and even can recommend you a different country with more suitable
environment.
6. Conclusion
Apart from the previous points a sourcing company can also help you to maintain security of
transportation, finding a good manufacturer, finding a cheap building for office space,
recommend you about the infrastructure of the country etc. So its beneficial to hire a
sourcing company for your own good.