INTERNATIONAL SOURCING
Ghana, located in West Africa, is a country with a growing industrial sector and significant potential for sourcing various products. To successfully navigate procurement and sourcing from Ghana, it’s essential to approach the process strategically and with attention to detail. Here’s how to effectively engage in sourcing from Ghana:

UNDERSTAND THE DISTINCTION BETWEEN BUYING AND SOURCING
Buying typically involves transactions with known suppliers, while sourcing requires identifying suitable partners such as manufacturers, importers, or distributors. The focus is on securing competitive pricing and favorable terms for delivery.

DEVELOP A ROBUST PROCUREMENT STRATEGY
Procurement encompasses the entire sourcing and purchasing process. It’s crucial to develop a strategy that optimizes sourcing efforts, negotiates competitive pricing, and ensures favorable terms. For significant procurements, conducting a thorough search is advisable, particularly when considering international sourcing. Collaborating with a sourcing partner can streamline this process significantly.

SELECT THE RIGHT MANUFACTURERS AND VERIFY THOROUGHLY
Before finalizing orders for complex products or substantial quantities, conduct comprehensive due diligence on potential suppliers. If unable to visit personally, ensure a trusted representative familiar with the local market and language verifies the supplier’s credentials.

UNDERSTAND EXPORT AND IMPORT PROCEDURES
Understanding export duties and customs procedures is crucial, as they impact the financial feasibility of sourcing from Ghana and influence shipping timelines. Researching Ghana’s regulations and applicable duties beforehand is essential for smooth operations.

SCA-PARTNER CAN FACILITATE GLOBAL SUPPLY SOURCING
SCA-Partner is a global network specializing in business development. Active across major economies worldwide, including Ghana, we have extensive experience connecting with manufacturers and trading entities. Leveraging our international team, we simplify the process of finding Ghanaian suppliers who offer unique product features or competitive pricing.