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Nowadays, sourcing companies or agencies play an important role when it comes to managing the international supply chains. But, most of the small businesses get confused about choosing the best Procurement Taiwan agents, particularly there is outdated and ambiguous information misleading them on the internet. Hence, this post will help you get clear information about the sourcing agency and provide you the right answers to your questions.
What Does the Product Sourcing Agent Do?
Sourcing agent generally helps the company with process of locating right sources for the products or material at low cost so company will be able to save some money on its production. The sourcing agents will represent one single employer or can run their own business that serves multiple companies. Such work will need proper knowledge of different languages and good business sense & coordination skills. Generally, pay happens on the commission basis, and where sourcing agent makes the percentage of order’s value.
Who’s a Sourcing Agent?
The sourcing agents also called as buying agents are the 3rd party providers you will contract to find quality manufacturers or suppliers in their region for you. They exactly know the customs & speak in the native language and they also work very closely with manufacturer & can tour various factories & carry out on-site testing too. They will help you in locating the right manufacturer & lowers your odds of importing poor quality products and material.
How Can You Find the Best Sourcing Agent?
Unfortunately, not all the product sourcing agents are made equal & it is really tough to find best one for the business. So, here are a few tips that will help you to find the best one:
- Sit down with the prospective product sourcing agents to get a right feel of how they function.
- Contact some agents and know the service that they offer.
- Search for the specialist and experienced agent in the industry. Suppose you are into importing fabrics, then look for the agent having good experience in importing such kinds of products and material you want and understands this market well.
- Check by setting the trial period just to assess their performance. For instance, you may enlist the services that will help you to find the best manufacturer or supplier.
- Search for the sourcing agent, which puts premium on the transparency, and upfront on how they cost the services.
- Search for the proven track record for how long they are working as a sourcing agent? Will they offer case studies? You can find many sourcing agents, but make sure you find complete detail about them before you enter in any kind of agreement with them.
- Ask for references from previous or existing clients.
Select the Right Sourcing Agent
Sourcing experience is very important factor that you need to take in consideration. An agent having 10 years of experience will be highly resourceful and reliable than the sourcing company, which is established just some months back.
