-- Otto International -- a professional trading organization and part of
the Otto Group, one of the leading international trading and services
-- Test Rite -- Taiwan's largest trading group
-- Woolworths UK -- one of the UK's largest retailers on home, family and
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Across our specialized online, trade show and print channels, we save buyers' time by offering them highly focused sourcing opportunities with suppliers already verified and ranked based on the amount of information they've provided.
"Private Sourcing Events take this to the next level by focusing on specific products. Invited suppliers have been verified by Global Sources and pre-screened by each buyer. Not only does this reduce the time it takes to source products, it aims to reduce the high cost involved in identifying and qualifying suppliers."
One buyer, Senior Procurement Officer of Carlsberg Procurement, Dick Man, said: "This is incredibly convenient. To meet such a targeted group of qualified suppliers for a single product category, we'd have to send teams to sourcing hubs across China. We were able to accomplish in one day what usually takes several weeks."
One supplier, Director of International Department for Softto Company Ltd, Linda Li, said: "We had some very productive meetings. Instead of general buying teams, we met with specialized buyers from each company responsible for sourcing the kind of products we make."
World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events
Eighty Private Sourcing Events are scheduled for 2008, with dozens of
buyers including Best Buy, Carrefour, Circuit City and Lowe's confirmed to
participate. More information about Private Sourcing Events is available at
|SOURCE Global Sources|
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