Trends in Global Product Sourcing

The product sourcing landscape is shifting, and suppliers must stay informed about the latest trends to remain competitive.

Key Trends in 2023

Digital sourcing platforms are gaining popularity, enabling suppliers to connect with manufacturers and retailers more easily. Furthermore, there is a growing focus on diversifying suppliers to mitigate risks.

Impact of Technology

Technology, especially AI and machine learning, is revolutionizing product sourcing by automating processes, leading to faster and more efficient transactions.

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