Company sends four teams to source compressors, generators, hand tools and power tools from qualified suppliers at Global Sources Shanghai event
HONG KONG, Aug. 21 /PRNewswire-Asia-FirstCall/ -- The Home Depot, the world's largest home improvement retailer, met 24 Greater China suppliers at a Global Sources (Nasdaq: GSOL) Private Sourcing Event ( http://www.PrivateSourcingEvents.com ) in Shanghai on July 30.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "U.S. certifications for the home improvement industry are among the toughest in the world to obtain.
"It is a testament to the quality of suppliers we deliver that both of the largest American home improvement retailers regularly participate in our Events.
"Since we pre-screen all suppliers, buyers save time evaluating companies, and suppliers have more opportunity of getting orders more quickly. This is why more and more quality-focused buying organizations are requesting to participate in our Private Sourcing Events."
Senior Sourcing Manager of The Home Depot Asia Sourcing, Benjamin Lee, said: "Many suppliers we met at the event have the potential to become our business partners. This event was incredibly successful and we plan to keep using Private Sourcing Events as an important part of our China sourcing program. Global Sources really provides a great platform to strengthen the bond between suppliers and buying offices like us."
World's top buyers scheduled to attend upcoming Private Sourcing Events
Over 100 Private Sourcing Events are planned for 2009, with dozens of buyers including Carrefour, Metro and Tesco scheduled to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible to participate.
Suppliers wishing to participate should contact csm@globalsources.com.
Specialized Global Sources websites, face-to-face events and trade magazines
Private Sourcing Events are part of the company's portfolio of brands for sourcing and product information services, which include Global Sources Online ( http://www.globalsources.com ), China Sourcing Fairs ( http://www.chinasourcingfair.com ), Global Sources monthly magazines ( http://www.globalsources.com/SITE/MAGAZINES.HTM ) and China Sourcing Reports ( http://www.ChinaSourcingReports.com ).
For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://www.corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 829,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.3 million products and more than 196,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 29 times a year across 10 cities.
Suppliers receive more than 81 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has over 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.
Global Sources Press Contact in Asia
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.
Kirsten Chapman & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: tdien@lhai.com
