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Describe how you have compiled a list of suppliers

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Reference no: EM131410219

Assignment

Product Familiarization

• What are the important points about the product that one needs to know before starting the sourcing process?

• Are there any resources you can recommend to get more information about the product?

Market Research

• According to your research, what is the current state of the market for this product?

• What are the countries most suitable for sourcing this product? What data (e.g. imports/exports, growth rate, price, tariff) or other proof do you have do you have to back up your claim?

• On average, what is the current market price of the product for the countries where you have tried to source it?

Finding Potential Suppliers

• Describe how you have compiled a list of suppliers. What methodology did you use?

• What are the challenges you have encountered while trying to find potential suppliers?

Attachment:- Research_and_Report_Tips_Preview.rar

Reference no: EM131410219

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