Procurement Reflecting on 2024

Reflecting on 2024: A Year of Strategic Adaptation in Global Sourcing and Procurement

Reflecting on 2024

As we bid farewell to 2024, it’s essential to reflect on the dynamic landscape of global sourcing and procurement. This year has been marked by significant shifts driven by geopolitical tensions, technological advances, sustainability imperatives, demographic changes, and economic recovery. Understanding these drivers of change and their implications will be crucial for navigating the complexities of global trade in the coming years. 

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De-Risk Your Global Supply Chain with Turkiye

De-Risk Your Global Supply Chain with Turkiye: A Strategic Solution

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As we face into what looks like being another year of complexity and turmoil in global trade and strategic sourcing, there are some countries that warrant rapid and in-depth exploration as part of global sourcing and procurement strategies. In machinery and industrial products where traditionally offshore supply routes may have looked to China the opportunity that is developing in Türkiye cannot be ignored. 

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Vietnam’s Competitive Edge in Global Supply Chain

Navigating Global Supply Chain: Vietnam’s Competitive Edge

Vietnam’s Competitive Edge in Global Supply Chain

In today’s competitive landscape, global sourcing strategies can offer companies huge benefits. Defending or driving margin up and creating competitive advantage v your competitive set. The global trade landscape is looking more challenging to navigate in the approaching years. As Protectionism, Tariffs and Geo-politics loom large over the previously smooth waters of Global Trading.  

Sourcing and Procurement teams will be actively scenario planning to build a Sourcing Strategy for the future either to begin Global Sourcing to boost competitiveness or to mitigate potential cost impacts into their existing supply chain. 

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Defend Your Margin Asian Buying Office

Protect Your Margins: The Power of an Asian Buying Office Model

Defend Your Margin

As we enter a likely period of tariffs, protectionism, and supply chain disruptions, many companies will be focusing on their Asian buying office along with global sourcing and procurement teams to manage risks and mitigate impacts effectively.

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People Insight Outstanding Workplace 2024 - ET2C

People Insight Outstanding Workplace 2024 – ET2C

People Insight Outstanding Workplace 2024 - ET2C

We are pleased to share that ET2C International have been recognized with People Insight‘s Outstanding Workplace Award for 2024. This award is earned by organizations that achieve a top-quartile employee engagement score in People Insight’s employee survey, and it complements our commitment to building and maintaining an engaged and healthy workplace culture. 

Simon Archer-Perkins Chief Operating Office said “At ET2C International we believe that engaged colleagues are the heart of our success. Our recent survey results reflect not just great scores but a shared commitment to fostering a culture of support, innovation, and growth. We are extremely proud of this achievement and even more motivated to continue investing in meaningful ways to support and inspire our incredible team.” 

“We’re incredibly proud to be recognized by People Insight with this award and to know that we’re scoring high marks with our colleagues across the firm.” 

 

 

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India Procurement

India Procurement Challenges Unlocking Global Sourcing

Unlocking the Global Sourcing potential of India

As global trade dynamics evolve, global sourcing and procurement from India present both incredible opportunities and unique challenges for businesses. Rising costs, inflation, and changing tariffs compel companies to explore cost-effective supply chain alternatives. India has emerged as a compelling sourcing destination due to its low labour costs, diverse industries, and improving manufacturing capabilities. However, for businesses considering offshoring their supply chain to India, several hurdles must be addressed to unlock the full potential of global sourcing. 

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