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Customized Sourcing Service Now Open for Global Buyers

Online sourcing is quickly growing into a post-pandemic trend. At such a junction, forming a comprehensive online sourcing strategy is essential to global businesses as they recover from COVID-19 and prepare for a new sourcing landscape. To help with the efforts, Taiwantrade, the official B2B e-commerce portal of Taiwan, is launching customized ‘Meet Suppliers Online’ matchmaking service for global buyers from all industries. 


The service aims to provide global buyers a fast-track communication channel with quality suppliers from Taiwan. Boasting an 80% success rate, ‘Meet Suppliers Online’ presents a results-driven matching approach, helping buyers shorten the process of identifying a new supplier from potentially months to just three weeks.


The customized sourcing service is trusted by renowned global brands, including one of the major US pharmacy chains, Japan’s second-largest pharmaceutical firm, and the world’s third-largest dairy company.


A simple three-step process


Apply - provide your sourcing requirements and the Taiwantrade team will follow up to confirm the sourcing details. An initial meeting will be set up within a week of submitting the application. 


Match - Taiwantrade’s experienced specialists will provide a list of the most qualified suppliers for buyers to choose from. The final candidates are usually narrowed down to three to five suppliers. A test call will also be arranged prior to the official meeting date. This stage may take up to two weeks, including a week of notifying and seeking interested suppliers.


Meet - the meeting will be moderated by a specialist to help lead the discussion and conduct a question-and-answer session. Each session with a supplier is around 20 minutes. A month after the meeting, the Taiwantrade team will follow up to see if any further assistance is needed.


Exceptional growth in the face of the pandemic


The service has witnessed remarkable growth in 2021, having already been enjoyed by a total of 600 global buyers and 1,500 suppliers. The top 5 industries to participate in the matchmaking are Information Technology (Electrical & Electronics and Consumer Electronics), Machinery, auto parts, Medical & Health and Taiwan’s food products.  


Taiwantrade’s advantages


Buyers are looking for an innovative sourcing service that promises to deliver. With a satisfaction rate of 90%, Taiwantrade’s ‘Meet Suppliers Online’ is built on the strength of Taiwan’s biggest industries, like the healthcare and medical sector, which, in light of Taiwan’s response to the pandemic, is experiencing increased recognition from the global community. Not to mention, Taiwan is one of the world's largest suppliers of computer components and gaming accessories.


As a result, Taiwantrade is better positioned than ever to serve the needs of global buyers.


 “A big part of what makes our service so valuable is that we are the only official B2B portal site of Taiwan. And with the knowledge that we have of the local supply chain and industrial landscape, we’re able to quickly make recommendations based on a buyer’s specific sourcing needs, cutting down on endless back-and-forth emails between buyers and potential suppliers,” says Lydia L.C. Chen, Executive Director of Taiwantrade.


By providing intelligent sourcing recommendations, Taiwantrade’s specialists put the needs of buyers first, ensuring that both parties are freed from the usual hassle associated with global sourcing. Meet Suppliers Online looks to help buyers make smarter decisions when it comes to sourcing great quality products - and to do so with speed.