Supply Chain Resources Group’s Post

In Vietnam's growing economy, where businesses are increasingly integrated into global supply chains, #procurement goes beyond just securing the best price. 🔗 Quality management is a critical element that ensures efficiency, protects brand reputation, and fosters long-term success. Want to discover the reasons? Read the below! Vietnamese businesses can take proactive steps to elevate their procurement process: ✨ Clearly define quality standards ✨ Establish supplier qualification criteria ✨ Conduct thorough inspections ✨ Maintain clear communication with suppliers Through prioritizing quality management, Vietnamese enterprises can secure reliable product procurement, foster robust supplier relationships, and ultimately attain enduring success in the global marketplace. 🚀 Feel free to reach out to us at hello@sourceofasia.com to find your trusted quality management partner! #SourceofAsia #VietnamProcurement #QualityManagement #SupplyChainSuccess

Manufacturing confidence jumps to one-year-high Sustained growth in new manufacturing orders has prompted a renewed increase in employment, while business confidence has jumped to a one-year-high. According to a survey released by S&P Global Vietnam on March 1, Vietnam's manufacturing sector continued to grow marginally in February, with both output and new orders up for the second month running. The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 50.4 points in February, up fractionally from 50.3 points in January and above the 50 point no change mark for the second consecutive month....... https://bit.ly/3wKawVd #Vietnam #Business Manufacturing #SoutheastAsia Via vir.com.vn

Selecting the right sourcing agent in Vietnam is crucial for the success of your procurement strategy. This article outlines key considerations to help you make an informed decision. https://lnkd.in/gUtyfeCU

Sourcing products from Vietnam Sourcing products from Vietnam can be a cost-effective and strategic decision for your business. In these times of inflationary pressures and softening demand margin defence is a top priority for companies both big and small. The decision to start global sourcing from new markets such as Vietnam, China, Indonesia or India can massively increase your margin and market competitiveness, however it does come with some degree of risk and complexity. ET2C International Sourcing Experts for Twenty years ET2C International has for over twenty years played a crucial role connecting global brands and companies with Vietnamese suppliers. Our expertise in global sourcing can make sure you get all the benefits of sourcing from Vietnam without any of the risks. Our 250 colleagues are based in offices in seven key Asian sourcing markets including Ho Chi Minh City to make your global sourcing simpler. Where language, time zone or business communication practices can makes things difficult, out team will be your bridge to your suppliers. #supplychain #procurement #strategicsourcing #vietnam #supplychainmanagement https://lnkd.in/e5Ris9wQ

Top China Sourcing Mistakes to Avoid #5: Trying to manage everything on your own Sourcing from China is an intricate process that involves a multitude of legal, financial, and business risks. Attempting to manage this complexity alone can be overwhelming for businesses. This is where sourcing agents, with their extensive experience and expertise, play a pivotal role in streamlining the sourcing process and reducing risks. With offices strategically located in China, Europe, and the United States, these specialized partners provide end-to-end support, ensuring that businesses can reap the benefits of sourcing from China without compromising on quality or efficiency. Sourcing agents offer a comprehensive suite of services that address the entire spectrum of sourcing challenges. Their expertise encompasses: - Supplier Vetting: They conduct thorough due diligence on suppliers, verifying their track record, expertise, references, reputation, and licenses… - On-Site Inspections: On-site inspections evaluate production processes, equipment, and capabilities, providing clarity on a supplier's capacity. - Cultural Communication: Fluent in Mandarin, these agents bridge communication gaps, conveying specifications accurately. - Dispute Resolution: They act as intermediaries, ensuring fair resolutions and protecting both parties. - Backup Vendor Sourcing: Sourcing agents promptly identify and source suitable backup vendors, ensuring business continuity and uninterrupted supply. 💨 Businesses can effectively manage the complexities and minimize risks of sourcing from China by leveraging the expertise of sourcing agents , maximizing the benefits of this global manufacturing hub. #globalsourcing #chinasourcing #sourcingtips #supplychain

Navigating the Global Market: The Advantages and Challenges of Utilizing Vietnam Sourcing Services In an increasingly interconnected world, businesses are constantly seeking ways to optimize their supply chains and remain competitive in the global marketplace. Vietnam has emerged as a prominent destination for sourcing services, offering a blend of advantages and challenges that companies must navigate to successfully integrate Vietnam into their global sourcing strategies. This article explores the advantages and challenges of utilizing Vietnam sourcing services and provides insights into how businesses can make the most of this dynamic market. https://lnkd.in/gUC757yN

Top China Sourcing Mistakes to Avoid #5: Trying to manage everything on your own Sourcing from China is an intricate process that involves a multitude of legal, financial, and business risks. Attempting to manage this complexity alone can be overwhelming for businesses. This is where sourcing agents, with their extensive experience and expertise, play a pivotal role in streamlining the sourcing process and reducing risks. With offices strategically located in China, Europe, and the United States, these specialized partners provide end-to-end support, ensuring that businesses can reap the benefits of sourcing from China without compromising on quality or efficiency. Sourcing agents offer a comprehensive suite of services that address the entire spectrum of sourcing challenges. Their expertise encompasses: - Supplier Vetting: They conduct thorough due diligence on suppliers, verifying their track record, expertise, references, reputation, and licenses… - On-Site Inspections: On-site inspections evaluate production processes, equipment, and capabilities, providing clarity on a supplier's capacity. - Cultural Communication: Fluent in Mandarin, these agents bridge communication gaps, conveying specifications accurately. - Dispute Resolution: They act as intermediaries, ensuring fair resolutions and protecting both parties. - Backup Vendor Sourcing: Sourcing agents promptly identify and source suitable backup vendors, ensuring business continuity and uninterrupted supply. 💨 Businesses can effectively manage the complexities and minimize risks of sourcing from China by leveraging the expertise of sourcing agents , maximizing the benefits of this global manufacturing hub. #globalsourcing #chinasourcing #sourcingtips #supplychain

Top China Sourcing Mistakes to Avoid #5: Trying to manage everything on your own Sourcing from China is an intricate process that involves a multitude of legal, financial, and business risks. Attempting to manage this complexity alone can be overwhelming for businesses. This is where sourcing agents, with their extensive experience and expertise, play a pivotal role in streamlining the sourcing process and reducing risks. With offices strategically located in China, Europe, and the United States, these specialized partners provide end-to-end support, ensuring that businesses can reap the benefits of sourcing from China without compromising on quality or efficiency. Sourcing agents offer a comprehensive suite of services that address the entire spectrum of sourcing challenges. Their expertise encompasses: - Supplier Vetting: They conduct thorough due diligence on suppliers, verifying their track record, expertise, references, reputation, and licenses… - On-Site Inspections: On-site inspections evaluate production processes, equipment, and capabilities, providing clarity on a supplier's capacity. - Cultural Communication: Fluent in Mandarin, these agents bridge communication gaps, conveying specifications accurately. - Dispute Resolution: They act as intermediaries, ensuring fair resolutions and protecting both parties. - Backup Vendor Sourcing: Sourcing agents promptly identify and source suitable backup vendors, ensuring business continuity and uninterrupted supply. 💨 Businesses can effectively manage the complexities and minimize risks of sourcing from China by leveraging the expertise of sourcing agents , maximizing the benefits of this global manufacturing hub. #globalsourcing #chinasourcing #sourcingtips #supplychain

Top China Sourcing Mistakes to Avoid #5: Trying to manage everything on your own Sourcing from China is an intricate process that involves a multitude of legal, financial, and business risks. Attempting to manage this complexity alone can be overwhelming for businesses. This is where sourcing agents, with their extensive experience and expertise, play a pivotal role in streamlining the sourcing process and reducing risks. With offices strategically located in China, Europe, and the United States, these specialized partners provide end-to-end support, ensuring that businesses can reap the benefits of sourcing from China without compromising on quality or efficiency. Sourcing agents offer a comprehensive suite of services that address the entire spectrum of sourcing challenges. Their expertise encompasses: - Supplier Vetting: They conduct thorough due diligence on suppliers, verifying their track record, expertise, references, reputation, and licenses… - On-Site Inspections: On-site inspections evaluate production processes, equipment, and capabilities, providing clarity on a supplier's capacity. - Cultural Communication: Fluent in Mandarin, these agents bridge communication gaps, conveying specifications accurately. - Dispute Resolution: They act as intermediaries, ensuring fair resolutions and protecting both parties. - Backup Vendor Sourcing: Sourcing agents promptly identify and source suitable backup vendors, ensuring business continuity and uninterrupted supply. 💨 Businesses can effectively manage the complexities and minimize risks of sourcing from China by leveraging the expertise of sourcing agents , maximizing the benefits of this global manufacturing hub. #globalsourcing #chinasourcing #sourcingtips #supplychain