Procurement is a proactive process that involves sourcing and eventual purchasing goods and services from external sources to meet the needs of organizations. It is to be noted that this process has a relational focus, which is based on maintaining and balancing relationships with suppliers. As essential business catalysts, procurement and its processes have seen much evolution in the last few decades. In current times, cutting-edge procurement processes are an indispensable part of businesses across the world. It includes significant cost reductions, significant product development speed, and quality assurance.
Nestled in this space is Nihara Sourcing Services, a company that specializes in procuring and processing customized products for clients in the construction industry from across the globe. With years of experience in international sourcing across product portfolios, they have built a strong associate network across geographies with capable on-ground teams handling operations, logistics, quality, and on-time delivery.
According to Gowtham Seelam, Managing Director, “While traditionally, there were benchmarks set by a few industry behemoths in the interior offerings, and most of the other developers used to offer those specifications.
However, in recent years, the end customers’ awareness has grown in leaps and bounds, making developers' jobs more demanding. This is where we pitch in, understand and simplify the developer's job by providing them with a gamut of options to choose and select from that would tailor fit the requirements of their clientele.”
Nihara has years of experience helping procure a variety of materials ranging across flooring, lighting, vanity, sanitary ware, furniture, and the likes from the factories of China and Europe. They are especially experts in floorings, kitchens, modular furniture, and lighting. Nihara is also adept at ensuring product quality, logistics, and time handover with their extensive network and strong associations in countries like China, Germany, Turkey, Italy, Greece, Vietnam, and Malaysia, the top regions from where raw materials are procured and processed for their clients.
Their associate firms own marble, and granite quarries and have extensive manufacturing facilities in Turkey, China, and India. Using the excellence of advanced technology, they process and manufacture the materials and are abreast of changes in the industry, and leverage the value accordingly. Apart from their excellent procurement services, they are also top-notch in consultation and help their clients choose the right products for their requirements both in cost and value.
Nihara’s team is an eclectic combination of experienced veterans and young folks. The idea is to fuse the rich industry experience with a modern outlook that maximizes the company’s value. Owing to their in-depth understanding of how critical a reliable supply chain is to every manufacturing operation, they evaluate global sources to excel in the quality, finish, and durability of the material. Going beyond, they put their people on the ground at associated global manufacturing facilities to inspect and monitor every aspect of the production process.
Apart from their excellent procurement Services, they are also top notch in Consultation and help their clients choose The right products for their requirements Both in cost and value
This billion-dollar industry is expected to grow at a CAGR of 9% in the next decade. Nihara is strong in flooring offerings and the South Indian market and they aim to expand this success pan India and increase the offerings in other domains as well. In the next 5 years, they are working on a roadmap to venture into the US and the Europe markets in the procurement and consulting domain.
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