Paul Walsh Jun 2024 feature
Newtimes Group CEO, Paul Walsh, talks about risk management as brands expand their sourcing into more countries.

leadership

Why Brands are Now Leaning into Sourcing Agents

For a long time agents were seen merely as middlemen.  Today they play a vital role in helping brands succeed in global markets.

After decades of brands looking to cut out the middleman, along with an industry focus on going direct – whether that be direct to suppliers or direct to consumers – suddenly a growing number of buyers are taking a new look at agents.

This is not simply a matter of ‘going back to the way we used to do things.’  The industry mindset is changing – but so are agents.

Brands are taking a serious look at the role agents can play in their overall sourcing strategy.  But at the same time, agents – at least those that are leading the industry – have done a lot to add massive value to what they offer their customers.  

This isn’t the old time model where the agent was merely an intermediary between a brand and a supplier.  

In a market environment where global supply chains remain precariously vulnerable – and where brands are, for a number of reasons, being encouraged to expand their sourcing footprint into more nations – the strategic role an agent can play is becoming increasingly appealing to C-suite executives.

To continue reading, please login

“Having a physical presence in over 30 countries globally, is like having a master control tower where you can not only see what’s happening at key points worldwide, but you have the resources in place to act on alternative and immediate solutions.”

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

error: Content is protected