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Upturning the Business Game

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With rapid globalization of economy and developments across business & industrial sectors, the world is pressed with significant challenges, and one that fundamentally impacts the flow of business conduct is finding the right vendor at the right moment, which is rightly termed as Sourcing. Sourcing plays a vital role in finding the right vendor who can seek the right products for clients, further help with deliveries and more, maintaining the timelines & keeping the price in check at the same time, be it for products or deliveries. However, technology has made it all easy implementing digital systems and using hot technologies like AI, Cloud Computing, and more comprehending data the best way. According to IMARC Group, the global retail sourcing and procurement market size reached $4.5 billion in 2022, and looking forward, is expected to reach $9.2 billion by 2028, exhibiting a CAGR of 12.8 percent. Overcoming many challenges and risks, with ensured sustainability, globalization, transparency, innovation, collaboration and latest technologies, the sourcing industry remains preeminently firm today and will further too. Hence, celebrating a few leaders in the Sourcing industry, siliconindia magazine brings to you 'Sourcing Companies Special - 2023' edition recognizing their efficiency in the market they have displayed helping organizations source and procure their products & services and drive businesses. Read to know unique facts about the companies. Do read to know more about them and share us your feedback!