What SMEs need to know before casting their sourcing net further afield
While large corporations turned their attention to Asia for production outsourcing long ago, now may be the time for SMEs to join. In fact, political and economic uncertainty in an ever-shrinking world could make this not so much an option, but a necessity.
But are procurement professionals at SMEs ready to take that step? Strategic and cultural knowledge is vital to make the most of such a move, and in this whitepaper, published in partnership with Trinity Bidding, you will learn:
The production strengths and weaknesses of individual Asian countries
How to establish trust with your new suppliers
What steps to take to maintain corporate social responsibility
Communication conventions, and what they indicate, to gauge the mood during negotiations
How to avoid offence during business banquets