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Sourcing based on a world class strategy is a procurement process that creates efficiency across all the steps within the procurement cycle, to secure the best possible price for raw materials, finished goods, or services. The main objective is to find the very best available match at the best price as well as making sure the supplier, producer, exporter, manufacturer, or vendor is reliable and will fulfill with your expectations in the short term as well as in the long run.

There are a lot of stories in the international sourcing scenario, some of them -especially the first experiences- really catastrophic, even in cases where the supplier finding was made. Fortunately, nowadays there are some strategies and tools that any company can be supported with, to avoid those scary experiences where scam is the main challenge to avoid.

These are the 7 steps of

According to some companies devoted to sourcing, these are the basic 7 steps :

  • Step 1: Profile The Category.

  • Step 2: Supply Market Analysis.

  • Step 3: Develop a Strategic Sourcing

  • Step 4: Select The Strategic Sourcing Process.

  • Step 5: Negotiate with and Select Suppliers.

  • Step 6: Implementation and Integration.

  • Step 7: Benchmarking.


If it is true that these are cardinal parts of the process, there are other key factors that impact directly in getting not only the right supplier, but also the one that has the best scope in the long run.

Our 25 years of vast experience in matching companies ( buyer – suppliers) in more than 22 industries in Mexico are at your service, feel free to approach us to let us know what you are looking for, we will be glad to hear from you to advise you and accompany you in your process in a safe way.

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