Industry Experts

  The  sourcing consultant  from a manufacturing sourcing company helps the client on both professional and personal levels which further helps in making the production stage much smoother. 

  It’s no wonder that  sports equipment manufacturing companies  have sprouted across the country in the past six decades. Sardar Ganda Singh Oberoi founded the first sports goods company in Sialkot (present-day Pakistan) in 1883. The company started exporting goods to England in the following year. 

 India’s sporting history goes back several thousand years. Along with indoor games like dice and chess, outdoor sports such as archery, wrestling, swordsmanship, and boxing can be traced back to ancient times.  It’s no wonder that sports equipment manufacturing companies have sprouted across the country in the past six decades. Sardar Ganda Singh Oberoi founded the first sports goods company in Sialkot (present-day Pakistan) in 1883. The company started exporting goods to England in the following year.  Post partition, Meerut and Jalandhar has emerged as the hub for the sports equipment manufacturing industry in India. Currently, these two cities and surrounding areas account for 75-80% of the country’s total production of sports goods.  The industry produces about 318 varieties of sporting equipment. The more popular ones are hockey sticks and balls, cricket bats and balls, fishing equipment, indoor games like carrom and chess, gymnastic and sportswear items, toys, video game consol

A layman’s perspective of running a business may be a three-dimension approach; a) an office setup and administration to take care of the daily business activities, b) a factory unit where goods are produced, and c) a marketplace where the finished products are sold at a profit.  While these elements give a broad idea of the different aspects of business operations, there are several other nitty-gritties that go into running a profitable business. One of the key considerations is whether to run your own production unit or outsource the same. Manufacturing consulting firms are proficient in giving the appropriate guidance in this matter.  Manufacturing industry scenario Out of India’s GDP of approximately $ 695 billion in the first quarter of FY22, the manufacturing sector accounted for nearly $77 billion. India is well-positioned to become one of the most sort-after global manufacturing hubs by 2030 with an estimated annual contribution of $ 500 billion to the global economy. The coun

 Manufacturing is an integral part of a product-centric business. However, not every entrepreneur has the wherewithal to proficiently run a production unit. While self-owned manufacturing facilities have their advantages, they also come with a host of challenges that can derail you from your overall business objective.  Contract manufacturing is the answer to your production needs. A contract manufacturer is the one who undertakes to produce parts of your product that can be assembled at the assembling facility or delivers market-ready finished products to the warehouse or directly to the selling outlet.  Types of contract manufacturing Private-label outsourcing: In this arrangement, the buying company outsources the entire manufacturing responsibility to a third-party contract manufacturer. The contractor then produces the entire product based on the design and technical specifications given by the client. Component-specific manufacturing: Some companies may like to produce parts o

 What is B2B sourcing ?  Sourcing is a business process decision that enables the primary company to outsource its production requirement to a third-party manufacturer. The manufacturing company has the expertise to produce and deliver products as per the requirement of the sourcing company. The two companies engaging in this business partnership are not necessarily but often based in different countries. There’s is often a B2B manufacturer sourcing company involved in liaisoning between the supplier and the primary companies.  What is the difference between sourcing and procurement? Though these two disciplines work hand-in-hand, they have distinct roles to play in the supply chain process.  Sourcing is responsible for evaluating potential suppliers, selecting, and maintaining relationships with a list of vendors who match the production requirements of the company.   Procurement, on the other hand, is only concerned with acquiring the required goods or services from the empaneled ven