As an expert in sourcing entire textile value chain, in your view, which all areas need a rework to boost sector's rendition?
most critical aspect of sourcing is credibility judgment. Many times the
business is done on advance or part advance basis. If the credibility of the
shipper is in question or unknown, it can be a very big problem. Then there is
credibility on the quality front. Consistency is the key. If the supplier does
not have systems and controls in place, it is very difficult to source.
culture of the organization is also very important. Many shippers have the
right product and price but their internal working style does not take into
account requirements of International buyers. Customers need timely information
about their orders and sample developments. Customers need clarity more than
the solution at times. So if the internal culture fails to respect the international
way of doing business, sourcing can become very difficult. Matching the price
and issuing a sales contract is not sourcing.
Published on: 14/03/2011
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.