Monthly Archives: September 2016

global procurement of spices

Difference between purchasing and procurement

There is a common misconception that procurement and purchasing are basically the same thing. Yet, their scope is widely different and they should not be used interchangeably. Procurement is an umbrella term for a wide variety of operations. It starts with sourcing; that is researching the market strategically for the best location and factory for

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Chinese lady with a fan

Why you shouldn’t buy from China?

It is counter intuitive for a professional sourcing company to go against its grain and advise against buying from one of the largest and well developed manufacturing countries, especially if this sourcing company has an established office in that country. However, there are certain instances where China could not be the best source for what

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