Supply Chain Management

A professional sourcing agent negotiating a deal with a supplier.

Sourcing Agents Uncovered: Their Role, Functioning, and Fee Structure

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In the rapidly evolving landscape of international supply chains, sourcing agents and companies have become indispensable. However, there’s a cloud of confusion surrounding sourcing agents, particularly for small businesses. This is largely due to the ambiguous and outdated information available online. This article aims to dispel these misconceptions by addressing eight key questions about sourcing […]

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A diagram illustrating the process of sourcing and procurement in international trade.

Understanding the Intricacies of Sourcing and Procurement

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In the realm of international trade, two terms often cause confusion among many – sourcing and procurement. Despite their apparent similarity, these terms carry distinct meanings and implications. This article aims to shed light on these concepts, helping you navigate the complex world of global commerce with ease. What is Sourcing? Sourcing refers to the

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