A Practical Guide to Sourcing Bags from India in 2023
Some practical tips on sourcing products from India, based on real-life experiences
Are you buying Genuine Organic Cotton Products?
What’s the Issue? In October ’20, GOTS (Global Organic Textile Standard), the global certification standard for organic cotton products, published a report which shed light on a disturbing discovery. The report said that the organization had assured knowledge of 20,000 metric tons of fake organic cotton fiber, circulating in India. India, incidentally, is the source […]
“We are looking for a Strategic Partnership”
Strategic relationships take time and the right frame of mind to develop. It is not just a pivot you make to diversify your supplier / buyer base. You have to be willing to give freely without every transaction needing to hit the minimum internal financial numbers you might have set for yourself.
Tackling the MOQ Monster
If you are sourcing any product, it is quite likely that you have been confronted with the dreaded question of MOQ. MOQ – an exotic sounding acronym, is Minimum Order Quantity. Whether you are just starting your sourcing journey, or you are an experienced buyer at a large company, MOQ is not something you can […]
Understanding Cost Factors when Sourcing from Overseas
You see a great opportunity in your market to fulfill a need. Let’s say bags (because that’s what we know best at Bag Studio) You go online and search for products and suppliers through B2B portals such as Alibaba. You negotiate a price with a factory you have zeroed in on. When the products finally […]