B2B Sourcing Companies - Your Overseas Procurement Partner

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• B2B Sourcing Companies - Your Overseas
  Procurement Partner
• What is B2B sourcing?
• As a business entity, you have the option to
  decide whether you want every aspect of your
  business to be handled internally or some
  elements can be sourced from outside. B2B
  sourcing is a process where the primary company
  decides to procure goods or services from another
  organisation, usually located in a different
  country. B2B sourcing is an offshoot of
  globalisation that has brought the worldwide
  business communities closer together.
• What are the benefits of B2B sourcing?
• Apart from cost considerations, B2B sourcing has
  multiple advantages, such as
• A plethora of suppliers B2B sourcing has
  increased the business potential for
  manufacturers and suppliers. This is attracting
  more players in the field, thus, giving the
  buyers more options to choose from.
• Increased competition, better quality at
  competitive prices With the increase in the
  number of suppliers, the market has become more
  competitive in terms of quality and pricing.
• Best of the world You can get the best products
  that suit your need from anywhere in the world
  with B2B sourcing.
• Business expansion With a critical aspect of
  your business being sourced from outside, you can
  focus on other areas of your business and expand
  fast.
• Optimal inventory You can optimize your
  inventory by sourcing enough to meet market
  demands.

What is the B2B e-commerce market size?
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The global B2B marketplace was estimated at
approximately 6800 billion in 2021. Its
expected to grow at a CAGR of around 19 from
2022 to 2030. The Indian B2B e-commerce market
is expected to cross 100 billion in the next ten
years. Since 2020, the valuation of this sector
has nearly doubled every 3-4 months and had
attracted investments of nearly 100
million. India is the 6th largest economy in the
world with more than 3 trillion in nominal GDP
in 2021. The country recorded exports worth over
400 billion in the financial year 2021-22, thus
reinforcing its position as a strong global
supplier. Government initiatives like Make in
India and Atmanirbhar Bharat has boosted
Indias position as a viable alternative in Best
Cost Country (BCC) sourcing. How to find
suitable B2B sourcing companies? With the
sourcing market showing upward trends, you are
spoilt for choice in the B2B sourcing segment.
Industry Experts have the market know-how to
connect you with the best suppliers in your
chosen domain.