In order to supply products as per the demands of our clients, it is mandatory to acquire knowledge about the market trends. For this purpose, we conduct extensive market research that helps us in sourcing our products accordingly. In this work, we are helped by our procurement agents who keep a lookout for new products in the market. They finalize vendors who are capable of processing those products, which are in high demand.
Furthermore, they also feed us with information regarding the market price and quantities of commodities. On the basis of this market analysis, we are able to study the stock movement and price sensitivity, which in turn enables us to procure goods in bulk quantities from our vendors.