Sourcing and Procurement consultant In India | IndustryExperts

Posted by Industry Experts on October 21st, 2021

India is emerging as the global hub for the manufacturing industry. With an abundance of cheap and skilled labour, continuous improvement in ease of doing business and of course a buoyant domestic market, companies all over the world are eyeing India to exploit the opportunity and establish a presence here. In the process of setting up an establishment in a foreign country, companies are often faced with several issues that can hinder a smooth set up of operations. Sourcing raw materials, components and labor while complying with the local laws can be a major challenge. It could be a time-consuming and tedious process for the companies when they have no local help. Importantly, raw materials and critical components and spare parts should be procured from reliable sources without compromising on quality and delivery schedules.The need for avoiding dependency on a single source is imperative. Sourcing and procurement consultants create an alternate supply chain of suppliers who ensure that the manufacturing process is never distressed for supplies of raw materials and critical components.