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Best Sourcing Practices

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Title: Best Sourcing Practices


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Best Sourcing Practices
  • https//www.greenjeeva.com/

2
About
  • The rising health concerns of the current times
    have boosted the nutraceutical industry to its
    peak.
  • The best nutraceutical companies have a
    super-efficient sourcing team to gauge the
    authenticity of the ingredient and get the best
    of its kind.
  • Hence, it's high time sourcing professionals
    understand the industry's intricacies and bring
    the best quality products at fantastic deals for
    the companies.  

3
Top Sourcing Practices
1. Dig out details about the vendors/suppliers
To meet the goal of providing your customers
with authentic products, you need to pay heed to
every intricate details of the product's
ingredients. Make a thorough investigation of the
vending company or the supplier. 2. Origin of
the ingredient The origin of an ingredient is
quite an important detail to consider before
buying them. The quality of the ingredients
largely depends on their geographical conditions.
The source of the ingredients is most of the time
associated with safety and quality issues. It is
one of the basic sourcing moves of purchasing
managers to ensure the utmost quality of
ingredients.
4
3. Regulatory awareness  Due to the complexities
of the transactions in procurement, it becomes
vulnerable to corruption. Hence, the regulatory
awareness and compliance checklist lists all the
essential risk management strategies to detect or
prevent fraud and corruption.  4. Quality
assurance  Quality assurance is the most
critical aspect of the global procurement
landscape, which often seems missing. Purchasing
managers have begun to invest in quality
assurance extensively. If the sample testing does
not turn out to be positive, it serves as a red
flag in the contract.  5. Balance of cost and
quality  Sourcing and procurement managers
strive hard to strike the right balance of cost
and quality. Price and quality are intricately
interrelated, and sourcing managers should strike
the right balance for successful procurement.  
5
Contact Us
GREEN JEEVA LLC (Ontario California
Warehouse) Address 2030 S. Hellman Ave.
Ontario, CA. 91761 Email  enquiry_at_greenjeeva.com
Phone 1 909-947-0550
GREEN JEEVA LLC (VEGAS OFFICE) Address 2610 W
Horizon Ridge Pkwy, Suite 201A, Henderson, NV
89052 Email enquiry_at_greenjeeva.com Phone 1
909-947-0550
https//www.greenjeeva.com/
6
  • Thank You
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