Direct sourcing your raw materials - is it ever a good idea?

We’re all at the same trade shows looking for that great new ingredient to give us that first-mover advantage, or often we’re under gross margin pressure and really need to look at whether we can find COGS relief on some of the key raw materials and bulk product we buy most often.

Inevitably, the conversation turns to direct sourcing for key raw materials - but, is it really that simple?

In this video, we’ll go through some of the positives and potential pitfalls to watch out when considering this path.

Previous
Previous

Masterclass: Evan Hayes, Factors Group

Next
Next

I'm a successful distributor. Is it time to build my own products?