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Sourcing and Procurement
Sourcing and procurement are two terms that often get mixed up. But although the terms “sourcing” and “procurement” are sometimes used interchangeably, they are two entirely different matters.
We help companies achieve cost savings and improved supplier relationships. We offer a variety of value-added services, including Category Management, Contingency Based Cost Reduction, Contracting, Negotiations, Strategic Sourcing Services, and more.
International Trade and logistics
In the upcoming decade, Cambodia will strive to develop international connections with the countries of ASEAN and beyond. One important aspect of such collaboration would be in the business sector. Since the beginning of the century, Cambodia has been working hard on establishing international trade agreements with some of the biggest players worldwide. Today, Cambodian’s main import partners are China and Hong Kong. However,, most of the Kingdom’s export markets include the USA and Western Europe. All these countries possess high trade and logistics standards, and Cambodia needs to better its processes in order to remain an attractive partner for future cooperation.
Market Research and Analysis
The first step in export market research is to identify target markets that align with the business’s objectives and capabilities. This involves evaluating various factors such as market size, growth potential, competitive landscape, and cultural considerations. By narrowing down the potential target markets, businesses can focus their resources on those with the greatest export potential.
Product Inspection and Quality Control
The Central Government makes the rules and is notified in the Official Gazette. These rules are framed without bias. Regulations may provide for the following:
- Travelling and DA are payable to members of the Council.
- Persons co-opted under this Act.
- Functions of the Council
- Appointment of officers and other employees of the Council
- Procedure to be followed for various types of quality control and inspection
- Conditions that a testing house, surveyor, or sampler should satisfy for purposes of approval by the Central Government
- Fees are chargeable for examination and issue of approval export certificates.
- Standard in which accounts of the Council need to be maintained and audited