The procurement outsourcing market is expected to experience significant growth in the coming years, reaching a market size of $7.5 billion by 2030. This growth is driven by a projected CAGR of 13.70 percent over the forecast period. Outsourcing procurement tasks such as supplier management and product sourcing can lower costs and free up resources for a business to focus on its core competencies. India is becoming a popular sourcing location due to its low labour costs, strong manufacturing capabilities, and favourable trade regulations. The coun¬try is also home to a large pool of skilled professionals and a growing number of government initiatives that support international trade.
This combination of factors makes India an ideal location for businesses looking to source products from the region. Azoonis strives to offer its clients the best possible procurement experience. The company's transparent and single-channel procurement process makes it easy for businesses to source products from India, without having to navigate complex procedures or deal with multiple suppliers. Its team of experts is dedicated to helping businesses achieve their cost reduction, product innovation, and risk mitigation goals so that they can focus on their core competencies and grow their businesses.
A Gamut of Services
Home and lifestyle goods are Azoonis' areas of expertise. They are working with over 200 Indian manufacturers on a variety of product lines, including furniture, tableware, cookware, promotional items, home decor, home furnishings, homeware, and home fragrance. Azoonis serves large-scale importers, wholesalers, retail chain stores, volume buyers, and more.
The company understands the requirements of its customers and provides services like finding reliable suppliers, conducting factory audits, developing samples, negotiating contracts, monitoring production, quality control, testing, and certifications, timely delivery, and keeping track of logistics and supply chains. Azoonis distinguishes out in the market due to its focus on the little things, the importance of on-time delivery, commitments to maintain quality, and maintenance of a professional and transparent attitude at all times.
Quality assurance is the key requirement of the sector. Azoonis performs three levels of inspections: inline, midline, and final inspections to ensure the quality of each product. Every parameter is examined against predetermined standards of quality. Additionally, the company frequently does random quality checks and offers the option of virtual live inspection in accordance with client needs. Furthermore, Azoonis guarantees that client commitments regarding product quality and timely delivery are met. Therefore, clients benefit from this 360-degree approach of the company which is delivered through a proactive work ethic.
Azoonis' mission is to Revolutionize the procurement process for international companies by delivering high-quality products and services globally. The company's CEO, Suman Chhethnani, shares their objective is to simplify the sourcing process by offering a one-stop solution for all client needs from India. With impressive annual growth of 150-200 percent over the last four years, Azoonis has made a significant impact in the industry and established a presence in 15 countries, including the US, Canada, Germany, the UK, France, Spain, Netherlands, Poland, South Africa, Australia, UAE and more.
The future of Azoonis is focused on leveraging opportunities in the rapidly growing procurement outsourcing market, particularly in India. With a deep understanding of buyer needs and a commitment to reducing overhead costs and operational risks, Azoonis is poised to become a leading player in the sector. The company's goal is to make India the top sourcing destination, leveraging the country's large pool of workforce and favourable trade policies. According to Suman, the CEO of Azoonis, "The opportunities in India are immense, but so are the challenges and risks. Our team is dedicated to addressing these challenges and helping our clients navigate the procurement process with ease".