Sourcing

What is Sourcing?

Sponsored by MFG.com

Sourcing is the process of identifying, evaluating and collaborating with suppliers to manufacture product.  This may be close to home or on the other side of the planet.  The goal is to establish reliable manufacturing partners with whom a buyer can “source’ the production of their product as the first step in the supply chain.

Sourcing that takes place across borders is often referred to as Global Sourcing. Brands often take their production business overseas to strategically improve their sourcing efforts and to find low cost sourcing solutions.

 

10 Steps to Sourcing Apparel:

1. Create and organize your designs
2. Research target prices and determine your price point based on wholesale and retail prices
3. Consider various distribution channels for your product
4. Create and distribute an RFQ
5. Receive quotes and normalize
6. Perform due diligence with quoting suppliers
7. Negotiate prices where necessary
8. Award quote to the supplier of choice
9. Request samples
10. Approve pre-production (pp) samples and place order with supplier


What is MFG.com?

MFG.com is an Internet-based platform upon which the global manufacturing industry conducts business.  It is the world’s only custom based sourcing platform connecting buyers with the right suppliers.  Suppliers can quote directly on the production business of buyers from all over the globe at exactly the moment in time when they need each other.

The textiles category at MFG.com is the global marketplace for sourcing apparel, home and industrial textiles. From samples to million piece runs, MFG.com is the most efficient way to source locally or around the globe.

MFG.com instantly matches a buyer's design and specifications to qualified suppliers simplifying the process of creating, distributing, tracking and awarding RFQs for cut & sew textiles and raw materials.

Our on demand service consolidates the once-fragmented world of manufacturing into an efficient online marketplace, enabling products to be sourced and stitched more easily, quickly, inexpensively and at higher quality levels.

 

 What is MFGtextiles.com?

 
 
How can MFGtextiles.com globalize my company?

 

What makes MFGtextiles.com different?

 

Why isn't MFGtextiles.com commission-based?

 

How does MFG.com Work for the Textiles Industry?

An apparel buyer or designer has a sourcing need and submits a request for quote (RFQ). Then, qualified garment factories review the request and submit a price quote. The apparel buyer or designer awards the RFQ and a new customer relationship is made.

MFG.com enables you to:

  • Cut your sourcing time drastically
  • Eliminate the risk of new supplier relationships
  • Upload any custom design and be matched with factories worldwide that specialize in whatever garment or textile product you need
  • Invite your current suppliers onto the MFG.com platform to easily transmit and manage designs and     quotes between each another
  • Archive entire cut & sew collections for anytime/anywhere access
  • Compare quotes from different suppliers in an "apples to apples" format

Do You Want to Find Apparel Factories?

When you need to source apparel, the textiles channel at MFG.com serves as an online supplier relationship management tool that helps determine market pricing and saves buyers time through helping them source smarter by becoming more efficient at creating, delivering and tracking the RFQ process

With MFG.com, buyers get to market faster through effectively matching their requirements to a factory's capability, capacity and quality. The technology intelligently connects buyers with suppliers of manufacturing services while directing the collaboration, quoting, due diligence and analysis processes.

Sourcing Managers and Merchandisers request quotes online that are instantly matched to factories that have the right expertise and capacity at an exact moment in time. Buyers benefit from discovering the right suppliers with minimal effort and Suppliers discover customers with an immediate manufacturing need that they otherwise would not have known about.

MFG.com supports an array of textile categories and products. If apparel needs to be manufactured, it can be sourced through MFG.com

 

Looking to Source Your Project?

Why would a buyer use MFGtextiles.com?

 

How does a buyer get started on MFGtextiles.com?

  

What are some buyer options on MFGtextiles?

  


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Do you want to win new business?

 

MFG.com provides Textiles Suppliers (both Cut & Sew and Raw Materials) with direct access to buyers worldwide that have an immediate need for custom manufacturing services. MFG.com allows factories to specify what types of jobs they are interested in and from there MFG.com helps match the factory's expertise with ideal buyer opportunities. MFG.com also provides factories with a multi-media dynamic web page that allows factories to promote their business.

 

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News and Resources:

Sourcing Threads Blog

Tony Forcucci’s Blog Page: http://sourcingthreads.wordpress.com

 SourcingThreads is written by Tony Forcucci and covers matters related to sourcing and manufacturing, specifically of textile products.  Whether you’re sourcing Garments, Home Textiles, or Industrial Textiles this blog aims to cover issues related to sourcing better, sourcing intelligently, and keeping up with the industry.  The Textiles industry is massive.  The apparel category alone is in the zone of a trillion dollars per year globally and that means there is a lot of movement of goods from suppliers to buyers crossing borders.  The first step in the food chain is sourcing.  Like so many industries, the internet is allowing (forcing even) buyers and supplier to collaborate with one another better and faster than ever.  Tony heads up the Textiles category at MFG.com, the world’s largest sourcing platform for the manufacturing world.  Contact him at This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

 
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