what is Global sourcing A 101 complete guide

what is Global sourcing ? A 101 complete guide

Despite the preference of many companies to source and procure goods and services from surrounding countries due to geographical proximity, this isn't always feasible . However, businesses have several  options for sourcing their needs. One such approach is Global Sourcing  that has become progressively significant in today's interconnected world  . 

This article will give assistance to you to navigate the maze and track down the ideal partner for your company needs by examining bottom line criteria to take into account .

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Supply Chain Risk Management: Identifying and Mitigating Challenges

Supply Chain Risk Management: Identifying risks and Challenges

Since the coronavirus pandemic triggered widespread shortages and delays, the global supply chain has been playing catch up. Geopolitical issues, such as the Ukraine conflict and rising tensions in the South China Sea, have compounded these woes. Furthermore, incidents like the Suez Canal blockage have highlighted the importance of building up supply chain resilience.

As per a 2023 Supply Chain Outlook report, 60% of small and medium-sized businesses reported losses of up to 15% or more in 2022. In 2021, nearly half of all small businesses reported to the US Chamber of Commerce that they struggled to keep up with customer demand.In the face of increasing labor shortages, fluctuating demand, and inventory issues in 2024 and beyond, businesses must do more to maintain a more resilient supply chain. 

It is vital to identify supply chain risks and challenges to develop effective measures to mitigate them.That is what you will discover in this article ! 

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alibaba trade terms incoterms

Alibaba Trade Terms [Incoterms] – which one to choose?

Alibaba has become a worldwide force in today's linked world, uniting buyers and sellers from all over the world in a dynamic economy. Therefore, understanding Incoterms is critical for successful transactions on this platform, whether you're a seasoned international trader or a beginner in the world of cross-border commerce.

This article delves deeper into the complex realm of Incoterms inside the Alibaba ecosystem, looking at how these standardized trade phrases may make or destroy your international commercial ventures. Join us as we debunk Alibaba trade terms, delivering clarity and insights to help you prosper in the global economy straight from your Alibaba storefront.

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Top 10 sourcing agents in China

Top 10 sourcing agents in China

Due to the large number of factories and affordable costs, China has become a significant source of commodities for many businesses around the world. However, because of linguistic obstacles, cultural disparities, and uncertainty regarding suppliers, doing business in the Chinese market can be challenging. Companies are turning to knowledgeable sourcing agents to help them overcome these obstacles and get the most out of sourcing from China.

This article covers the top sourcing agents in China, their skills, knowledge, and how they make it simple for businesses to find products. Read on to learn how these agents may be your dependable partners, assisting you in locating high-quality goods at an affordable price while minimizing risks and ensuring efficient operations, regardless of your level of import experience or where you are in your global sourcing journey.

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procurement 101 complete guide sourcing process in 2023

The procurement 101: your complete guide to the sourcing process in 2023

Procurement is a critical function for businesses seeking to source goods and services efficiently and cost-effectively. However, managing the procurement process can be complex and time-consuming. That's why DocShipper offers comprehensive sourcing services to help businesses navigate the procurement process with ease. Our team of experts can handle everything from supplier identification and negotiation to quality control and logistics, allowing you to focus on what matters most: growing your business. Read on for our complete guide to the sourcing process in 2023.

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procurement supply chain trends

13 new procurement and sourcing trends shaping 2023 and beyond

It’s the beginning of 2023, and it is time to consider the trends that will be integrated into the procurement world this year. This article will also talk about 2022’s issues and the changes made to lead these trends in 2023. 

The pandemic had a huge impact on history, the consequences are still present, and they probably expose other consequences such as the escalating fuel costs on supply chain logistics. 

These facts are well known in Docshipper, who is a procurement agent dedicated to helping companies and individuals with their sourcing needs, and the company is able to manage the entire product cycle from A to Z on behalf of our international clients.

We have collected 13 new procurement and sourcing trends to project yourself into 2023 ! 

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Why Alibaba's Cheap Prices aren't real

Are Alibaba’s cheap prices legit? 6 reasons they’re not

The marketplace has grown significantly as a recent phenomenon and is now a crucial aspect of the world's consumer environment. Each of the main online retailers has its own platform.

Among the major global players in e-commerce, we find the Chinese giant Alibaba which offers a multitude of products at cheap prices and allows you to connect directly with the supplier or manufacturer in China.

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The global Supply Chain updates and news: a brief introduction for casual consumers

The worldwide supply chain keeps evolving each day. With new laws and rules coming up each day and regulating the international market, once must be always updated in order to renew the offer of products and service and to keep consumers satisfied.

DocShipper as a business partner help you by providing you with tips and detailed guided on how you should manage your supply chain to generate the best ROI and to minimize the production costs.

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4 Strategies to Help You Manage Supply Chain Risk effectively

4 Strategies to Help You Manage Supply Chain Risk effectively

Business runs with strategies and planning to achieve the business goals in financial, operational, functional, and organizational aspects. But are these the only factors that boost a business to progress? Supply chain management is an important factor that supports most businesses from manufacturing, selling, reselling, and delivering it to the right one who needs any product.

Supply chain management starts from the flow of goods and services to the right person according to his/her requirement. It includes the process of transforming raw materials into fine good products that come to market. Supply chain management is the active streamlining of a business’ supply activities to extend customer value and competitiveness.

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The Comprehensive Guide to Picking a Third-Party Logistic

The Comprehensive Guide to Picking a Third-Party Logistics (3PL) Partner for Your Business

Whether you’re looking for your first third-party logistics partner or making a switch from your current provider, finding the right company can be a challenge. The reputation and success of your business depend, in part, on your logistic partner’s reliability, making them a crucial part of your brand’s service and success.

After the COVID-19 pandemic dismantled supply chains, businesses began investigating logistics providers with contingency planning, technology and automation, and supply chain diversification to weather the disruptions. Avoid an error that can negatively impact your business by choosing the right third-party logistics partner, or 3PL.

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