In today global economy, attaining a competitive edge is vital. With many companies competing in crowded marketplaces, having to compete on price alone has become a reality for many companies. Ensuring that you are getting the best price possible for inventory is a vital process that should be equally as important to a company as ensuring quality is consistent and delivered on-time to customers.
With many global brands opting for to directly outsource manufacturing to China, other businesses are attempting to follow by both taking advantage of Asian markets and also ensuring they do not have the profit margins of a broker to contend with as well. Being able to locate and build relationships with direct manufacturers is becoming increasingly difficult with the rise in brokers in the marketplace, however when you do indeed manage to locate one; the advantages of building a partnership with them can be beneficial for both retailers, wholesalers and brand holders......