Global Sources' innovative, new RFI management system aims to convert more product inquiries into successful orders for suppliers

HONG KONG, Aug. 12, 2014 /PRNewswire/ -- In September, Global Sources (NASDAQ: GSOL) plans to launch an innovative RFI (Request For Information) management system to help buyers and suppliers communicate more easily and close more orders.

Unlike other existing online messaging systems, the Global Sources system will allow users to communicate seamlessly from their own email accounts or through Global Sources' own online forms. Regardless of which communications means they choose, the system will capture and analyze incoming and outgoing communication to help users track the status of RFIs and follow up on specific sourcing projects.

"This represents a breakthrough in online sourcing communications between buyers and suppliers," said Spenser Au, Global Sources CEO. "Users will be able to access our system anywhere, anytime, on any device they choose to check on the status of RFIs. Suppliers can use the system's analytics to evaluate sales leads and focus on closing deals with the most serious buyers."

"In today's international trade marketplace, there is an overwhelming glut of often questionable information online," said Au. "The problem is how to filter and qualify the most reliable trade partner to work on a specific sourcing project. We have invested in this state-of-the-art system to improve the RFI communication process and further improve our reputation as the best platform for getting real business done."

The cloud-based messaging system was designed to meet detailed requirements of the Global Sources community of volume buyers around the world. Requirements were gathered from interviews with some of Global Sources' largest export clients.

Global Sources has also greatly increased the depth and breadth of supplier information on the GlobalSources.com website. "Our focus is not just on quantity, but on quality. We are committed to providing the most qualified selection of B2B exporters from China in the industries we serve," said Au. "We aim specifically to list all exporters who are included in Customs records, all suppliers who have undergone third-party audits, and all exhibitors from key export trade shows in Asia."

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 facilitates trade between Asia and the world using English-language media such as online marketplaces (GlobalSources.com), print and digital magazines, sourcing research reports, private sourcing events, and trade shows.

More than 1 million international buyers, including 95 of the world's top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.

Global Sources' other businesses provide Chinese-language media to companies selling to and within Greater China. These services include online web sites, print and digital magazines, seminars and trade shows. In mainland China, Global Sources has a network of more than 30 office locations and a community of more than 5 million registered online users and magazine readers of its Chinese-language media.

Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.

Logo - http://photos.prnewswire.com/prnh/20030303/LNM011LOGO-b

SOURCE Global Sources

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED