QUALITIES OF A GOOD SOURCING AGENT
Introduction Nowadays, sourcing also
a
large
operations
helps
products
business
and
number to
reduce
firms
services
of
to
and
organizations
their lower
opt
for
production
costs.
the
of
thereby,
prices
intriguing
It
their
potential
customers. However, the sourcing scenario is not so easy as it may seem. To combat the adverse forces, companies take
help
from
professional
sourcing
agents.
There
are
various types of sourcing agents available in the market. Before hiring them, organizations have to probe into their professionalism and domain expertise. It will give them an idea of whether the shortlisted sourcing agents fit their job role. Sourcing agents have to possess some qualities like
trustworthiness,
accountability,
quality-focused,
etc.
They should also maintain cordial relationships with both buyers and suppliers.
Trustworthiness It
is
the
sourcing
first
and
agent
must
foremost possess.
If
quality,
a
you
a
are
business owner, will you hire sourcing agents who are not trustworthy in their approach? The answer is no. Considering the upsurge of
sourcing
operations,
many
sourcing
agents ask for hidden commission. If this is the case, you must not go with these agents.
"Besides this, you have to take note of whether your sourcing agent is giving misleading information about suppliers. Professional sourcing agents have tie-ups with reputed suppliers across the globe. Sourcing agents must not hide any supplier information from the buyers. This information comes in the form of employee strength, market performance, registration information, reputation, real business type, product original price, etc."
Quality-Focused This
is
another
consultants
must
quality
possess.
that
A
sourcing
sourcing
agent
should adopt every method so that business firms
get
in
touch
with
reputed
suppliers.
Companies are not aware of the economic and
political
destination.
scenario
Before
of
hiring
the a
sourcing
procurement
agency, companies must check their official registration
details,
establishment,
business
production
technical standards.
type,
year
capacity,
of
and
Accountability The role of sourcing agents do not end with the transfer. It is his full responsibility to follow up with the production and shipment of goods. If there are problems relating to trouble-shooting, the issue should be resolved by sourcing agents. They must coordinate with suppliers in this regard. A sourcing agent also arranges the returns and refunds that adhere to the terms of the agreement.
Friendly Nature In simplistic terms, sourcing agents must maintain friendly terms with both buyers and suppliers. His approach will be driven by buyers’ interests. When organizations opt for cross-border sourcing, sourcing agents act as bilingual experts. It is the duty of sourcing agents not to hide any information about the suppliers to the buyers. At the same time, they make companies aware of the political and economic scenario of their chosen procurement destination. They should work with buyers to enhance their business ties with the suppliers.
CONCLUSION If companies aim success in their sourcing operations, assistance from sourcing agents is a must. With the help of sourcing consultants, companies can formulate their effective sourcing strategies. Seek help from sourcing agents if you want your organization to make footprints in the global arena.
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