The Shift in Procurement Strategy

Procurement strategies are changing rapidly with globalization playing key role. Accessibility to global markets to weigh options for more effective and efficient procurement is paving the way for global sourcing, consequently reducing the cost of operation and time-to-market. Realizing the increasing significance of global sourcing, we have focused on this segment in this special issue. The cover story of this issue features Horizons Way, which is a global apparel sourcing firm that is continually meeting the fundamental demands of quality, cost, and lead-time for its clients with an in-depth knowledge of the apparel industry and a massive network in the key manufacturing countries such as India, China, Vietnam, Bangladesh and Indonesia. Furthermore, the uniquely designed demand responsive working methodology of the firm has been instrumental in aligning it with the ever-changing demand patterns in fashion industry. The firm has established a uniquely blended and ever-evolving SOP to ensure the delivery of certified quality products that match all the particular requirements of its clientele.

Also featuring in the issue is Excelsource International, which is a global sourcing company helping its customers identify the best and reliable suppliers, procuring on their clients' behalf, providing logistics & warehousing support, consulting in engineering aspects of high side & low side items and even inspecting the goods. The company has developed a very strong knowledge base in terms of vendor data which ranges from small scale suppliers to even some of very big names in the sector. In addition, the issue also acquaints you with the other prominent players in this segment.

After studying this market landscape in-depth, we have zeroed-in on the top 10 companies that have excelled in this market with their innovative approach. Having proven their dedication to efficiency in order to meet the customer expectations in an end-to-end manner, these companies have stood-out from the crowd. 

We look forward to receiving your feedback and suggestions.