Snap Blog

FAQ- Frequently Asked Questions

1. What is Sourcing? Sourcing is choosing the suppliers who provide the goods you need. 2. What is Procurement? Procurement is acquiring goods, handling payments, & the shipping and other logistics. 3. What is The Difference Between Sourcing & Procurement? While both are a part of the supply chain &

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A Step-by-Step Guide to Sourcing from China

China is the world’s largest exporter known for its manufacturing, producing everything you can think of. This has made it the main target of consumers who have few other destinations to target. Forcing us to source products, which may be intimidating. This is a guide walking you through each step

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Sourcing vs Procurement: Meaning & Differences

Introduction Sourcing and procurement both fall under the same umbrella of supply chain & its management. They are used interchangeably with different roles. Therefore, it is important for companies to understand the differences between them in order to reduce costs & improve their purchasing strategies. This article will explore the

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