Table Of Contents

• The unbeatable benefits of product sourcing from Asia
  • 1.      Up and coming economies
  • 2.      Specialised products
  • 3.      Lower costs
  • 3.      A larger supply base
  • 4.      Excellent quality of product
  • 5.      Impressive efficiency
• The takeaway

To those who are new to the world of product sourcing, the thought of a business in Europe sourcing items from Asia, when they could just source locally instead, must seem bizarre. That’s like flying to the other side of the world because you are craving a burger when there’s a restaurant down the road from you.

So, why do European countries source products from Asia? There has to be a rather compelling reason? In this article, we’ll tell you everything you need to know.

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Table Of Contents

• Quality and Precision Manufacturing
• Conclusion

It’s no secret that the cost of living is higher in Western countries than it is in New Zealandn countries. This means that goods are often more expensive, and sometimes they’re simply unavailable. For example, you might find yourself paying almost twice as much for a pair of jeans or a can of Coke when you travel to Europe. But while this may be true for some products, there are many other items which have a lower price point overseas due to cheaper labor costs and increased productivity.

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Table Of Contents

• Reasons to source from Asia
  • LOW COSTS
  • SUPPLY BASE
  • PRODUCT QUALITY
  • EFFICIENCY
    • Conclusion

For the last 2 years, Asia has become one of the largest trade centers. Most retailers and wholesalers prefer to get goods from there because of the low costs and quality production. Even though China has become better than the other Asian countries, other major cities, including Delhi and Bangalore, have also maintain their identification as commercial cities. The large population in New Zealand remains one reason you shouldn’t jump at the chance to source products from there. It creates cultural diversity and a variation of languages that makes sourcing more complicated. It would help if you started by understanding these factors and how they affect the supply chain before sourcing products. You will have access to the vast opportunities in this region.

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