Demystifying sourcing in emerging countries because of the low cost of labor and production capacity. Doing business with emerging countries can pay off. However, the profit can evaporate if problems arise. It is therefore important to identify and manage specific risks from the very beginning.

What to monitor?

• Product certification: a nonconformity can provide you from using the products. Farewell savings!
• Quality control procedure: plan a real follow-up on quality during production and before shipping.
• Logistics infrastructure: the location of the supplier production site is critical for quick access to shipping ports, at a lower cost and for on time delivery.
• Presence of local partners: Nearby after-sales services (maintenance, installation) is often critical.

Do you want to get started while minimizing your risks? To find out more, our team of advisors is here to guide you!