Why You Should Hire a Sourcing Agency
by Arina Smith Business 14 May 2021
Most businesses, especially those in manufacturing, need to source materials or products to continue operations. Obtaining these resources is never easy, and it becomes even more challenging when sourcing in other countries.
As a company, you can decide to make the process easier by doing two things. First, you can decide to hire employees and post them in the various countries you source for materials. Secondly, you can decide to work with sourcing agencies such as Sourci.
Choosing to work with a sourcing company is the best decision, and here are the reasons.
Searching for suppliers in different countries can be challenging and time-consuming. You are forced to contact many firms and visit their facilities to determine whether they can deliver what you want. The whole process involves a lot of traveling and negotiations that end up wasting your time.
Working with a sourcing agency allows you to avoid all these issues. It is easy for a sourcing agent to find the right suppliers within a short. This is because they operate locally and have already build a network that enables them to identify and pick suitable suppliers depending on your needs.
Thus, a sourcing agent will do the dirty work on behalf of your company. In the process, you save more time that you can then invest in other vital activities.
Suppliers often quote a higher price when dealing with a foreign company. This means that you are likely to pay more for materials when sourcing in another country than a local firm. As a result, the cost of operation becomes high, making it difficult to match the highly competitive prices of your competitors.
You can avoid this form of exploitation by hiring a sourcing agency based locally. The agent will negotiate using local rates, allowing your company to get the best possible prices. Your firm will then end up saving more money on essential materials or products. This then translates to increased profit.
Furthermore, you will not be required to have employees working full time in these countries. This will reduce the wage bill, saving you more money.
Guaranteed Security and Safety:
Another benefit of working with a sourcing company is that there is guaranteed security and safety. Some suppliers cannot be trusted. The situation becomes worse when ordering from suppliers based in another country. They might send substandard products while others might never deliver anything.
In the process, you might lose money and even ruin your relationship with your clients when you are unable to deliver because you were scammed. However, that is not the case when working with a sourcing agent. The agent will make sure you transact with reliable suppliers and even verify every order before it is shipped.
In conclusion, it is better to work with a sourcing agency such as Sourci than to source materials and products by yourself. This is because you will save time and money that you can then invest in other areas. Also, you cannot be scammed because you are guaranteed security and safety.