A sourcing agent is one-touch point for managing your global supply chain requirements. No matter whether the brand is new for importing products or want niche products in the high quantities – Sourcing Agents will make it easier process for you.
What are Sourcing Agents?
Principally, the sourcing agency or firm searches for the reliable suppliers & partners, delivering the products that are tailored to their buyer needs. This will be best-quality luxurious goods and products with the focus on the low rate, where quality should be reliable however not fulfill their highest standards.
Sourcing agents will have a wide variety of tasks, right from bringing the foreign buyers in touch with the suppliers to buying products for the buyer (or company). Some services include the price negotiation, proper quality checks, audits, compliance with the international rules, logistics, as well as other tasks required by a buyer.
Why to Use Sourcing Agent?
There’re a lot of reasons that business might engage services of the sourcing agent and sourcing agency. For the small business, importing anything from the low-cost area will appear like the daunting prospect. The sourcing agents will help you to navigate this process right from the beginning to end. Ultimately, they’re there for helping you to source with proper confidence, by decreasing any risk, relieving you from the hassle, as well as negotiating the costing & terms that will work better for your business.
The good sourcing agent will be an important person for you to ensure that this process goes very smoothly. Most of the businesses go through this alone, and it is really tough to do. However, reality is most of the businesses do not have enough time and resources to take over the task completely. Better to check in with the sourcing agent.
How Can You Find Best Sourcing Agent?
If you’re looking for the sourcing agent, there’re a few important things that you need to look for to make sure you find out one that goes with your needs. All sourcing agents are not made equal, thus what you need to consider before you jump into?
Get important documentation
The sourcing agent must offer you with the relevant documentation for the sourcing & shipping process. Language on these documents can give you a little fair idea about how well-versed an agent is with this whole process. Documents that the sourcing agents offer are the Certificate of Origin, Fumigation Certificate, Bill of Lading, as well as detailed supply list.
If you’re dealing in various product categories
You surely will need the reliable sourcing agent if you want to choose from two suppliers for one single product categories. Thus, handling sourcing aspect alone will be one major task for you, particularly if you do not know this market well. You might need to contact several suppliers to fulfill the requirement — and something that will prove very tedious if you’re starting off with the venture.
Hence, to bypass this hassle of contacting many suppliers, you must hire the sourcing agent. They can consolidate the sourcing requirements by connecting with right suppliers that will deliver the quality products at an affordable rate.