Product Sourcing Services

Risk is a fact of business life, more so of international business. Importing can be an effective way of finding low-cost supplies, reducing your costs and making your business more competitive. It might even allow you to branch out into a whole new product line, selling something that isn’t generally available in India. Importing of products at low cost and selling at higher price in domestic country is well known and profit making trading business. But at the same time, importing is more complex than buying from a local supplier. And when things go wrong, sorting them out can be more difficult and expensive.

• Importing is particularly cash flow intensive for two key reasons – economies of scale make it more efficient to place large orders, and long delivery times mean working capital can be tied up for many months.
• The distance between importing country and country of supplier is much greater than when importer sources locally. This applies to geographical distance, but equally to cultural and language differences. This can make it more difficult to deal with quality control, or to return faulty goods.

• Import can be proved extremely complex, confusing, costly and loss making if you are not vigilant importer. Expected gains can often be erased by long transit times, rising or fluctuating delivery costs, unexpected delays and by supplier.

Risk is part of business and it cannot be avoided but it can be mitigated or reduced to some extent. Due to our expertise and network we are able to provide services to traders and manufacturers in importing quality products at least risk with best price. Our service starts from sourcing of product to till the final delivery of goods at your location.
Sourcing of product
Product Sourcing simply means “Finding products to sell through your business.” This refers to importing products at a wholesale price and selling them in domestic market for a profit. Sourcing product from right place is most important to reap the benefits in domestic market. There are hundred options for a particular product to be imported in respect of color, size, length, grade, country etc.  We will help your company find sources to source your product from Asian country. We can provide numerous sourcing options for your product. We help you to source the product that meets your requirements. In addition before we start sourcing the product we provide our valuable views on market conditions, related duty and risk associated with product you want to import. This will save your money and time to focus on other profit making product.
How we source the product for you :

• Client provides us the details of product to be imported
• We give our first report on marketability of product in importing country if the importer is importing first time
• We take price and specification of product to be imported from at least 10 manufacturers/suppliers that help us to decide the geographical location, market price and quality of product to be imported
• Based on various industry reports and country’s regulation we finally select the supplier, method, location and quality & quantity of product to be imported and share the final source with client.