INTERNATIONAL SOURCING
Ivory Coast, located in West Africa, is a country with a growing industrial sector and diverse potential for sourcing various products. Successfully navigating procurement and sourcing from Ivory Coast requires a strategic approach and careful planning. Here’s a guide to effectively engage in sourcing from Ivory Coast:

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

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

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 Ivory Coast and influence shipping timelines. Researching Ivory Coast’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 Ivory Coast, we have extensive experience connecting with manufacturers and trading entities. Leveraging our international team, we facilitate the process of finding Ivorian suppliers who offer unique product features or competitive pricing.