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Sourcing and Dropshipping

Sourcing refers to finding reliable suppliers or manufacturers to provide the products you plan to sell. In this process, businesses search for high-quality products at the most competitive prices to maximize profitability. Effective sourcing often involves building relationships with suppliers and ensuring consistent product availability and quality.

Dropshipping, on the other hand, is a fulfillment method where a retailer doesn’t hold inventory. Instead, when a customer places an order, the retailer forwards the order to a third-party supplier, who then ships the product directly to the customer. This eliminates the need for the retailer to manage stock or deal with the logistics of packaging and shipping.

About Mark Mok

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PT5 and It’s Partners

PT5 China Sourcing Management Co., Ltd. was founded in 2007 in Hong Kong. The company specializes in supply chain management, offering cross-industry sourcing agent services and dropshipping solutions for global customers.

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