When it comes to sourcing manufacturing equipment in Europe, companies are presented with a wealth of options. From long-established manufacturing powerhouses to emerging markets, the choices can be overwhelming. However, one country that consistently stands out as a top choice for companies looking to source manufacturing equipment is Turkey. With its strategic location, diverse manufacturing capabilities, and a host of economic advantages, Turkey should be at the top of the list for businesses seeking to expand their manufacturing resources. In this blog post, we’ll explore why Turkey is a smart choice for companies in Europe looking to source manufacturing equipment. …

  Sourcing products from Vietnam can be a cost-effective and strategic decision for your business. In these times of inflationary pressures and softening demand margin defence is a top priority for companies both big and small. The decision to start global sourcing from new markets such as Vietnam, China, Indonesia or India can massively increase your margin and market competitiveness, however it does come with some degree of risk and complexity. ET2C International Sourcing Experts for twenty years ET2C International has for over twenty years played a crucial role connecting global brands and companies with Vietnamese suppliers. Our expertise in …

Turkey’s machinery export growth is making waves in the global sourcing arena. Learn about Turkey’s unique advantages as a sourcing destination, from its strategic location to its strong infrastructure and favourable trade agreements. Discover why Turkey is a rising star for sourcing. Turkish Machinery exports passed a new milestone in trade, exceeding $10 Billion in the first 5 Months of 2022. The growth has made them a destination country for global sourcing and procurement. As Sourcing teams look to diversify their supply chain, near shore some elements and mitigate risks (Environmental and Geo-Political) Turkish Export Growth Growth in Turkish exports …

Discover how to navigate the challenges of global sourcing and build a resilient supply chain. Learn the key risk areas and strategies for supplier evaluation, diversification, risk assessment, and quality control. Explore how ET2C International, a leading Global Sourcing company, can simplify your global sourcing journey and ensure success.  The benefits to business of strategic sourcing globally are huge and have been a foundation for many companies and brands to successfully develop their business. The cost and quality of the products available in some markets is so strong that not to source globally can put companies at a serious competitive …

Vietnam’s export economy has grown rapidly in recent years building on traditional exports to become increasingly competitive in a range of Machinery manufacturing sectors. Background and Guide to Sourcing from Vietnam and its Economic development Background Vietnam, officially known as the Socialist Republic of Vietnam, is a country located in Southeast Asia. It shares its borders with China to the north, Laos and Cambodia to the west, and the South China Sea to the east and south. With a population of over 96 million people, Vietnam is the 15th most populous country in the world. In recent decades, Vietnam has …

The Kingdom of Thailand is known as a tourist destination but also has a flourishing exporting business sector and strong economy ranked 9th in Asia. What can it bring to your Sourcing or Procurement strategy. Thailand is situated in the Indochinese Peninsula and shares borders with Myanmar (Burma) to the west, Laos to the northeast, Cambodia to the southeast, and Malaysia to the south. It has coastlines along the Gulf of Thailand and the Andaman Sea. A population of over 70 million people, has one of the lowest unemployment rates and is recognised by the World Bank as a  “one of …

What are the likely impacts to economies and sourcing strategies of this power weather event ?  What is El Niño   The name El Nino is widely used to describe the warming of sea surface temperature that occurs every few years, typically concentrated in the central-east equatorial Pacific.  An El Niño is declared when sea temperatures in the tropical eastern Pacific rise 0.5°C above the long-term average. El Niño is felt strongly in the tropical eastern Pacific with warmer than average weather.  The effects of El Niño often peak during December; it’s name “the boy” is thought to have originated as “El …