Product Sourcing Secrets – How to Find a Good Product Sourcing Supplier

How can one who is interested in starting a business or continue to offer new products in an existing business, find a good product sourcing company? To begin with, one could look for these companies on places like Google and Yahoo search engines. Those rated at the top of the list are your best options to look at first. You can search for terms like wholesale, dropship services, liquidators, etc.

Media Ads For Local Product Sourcing Dealers

Many times, the local paper will offer you a choice of the local companies offering a great selection of products. They may be local which is great for you because it means less shipping charges eating away at your profits. Since they are local, you can see first hand the products they offer you. Regular newspapers, community newspapers, and trade journals will be a good place to start. Yard sales are also a great place to find one-of-a-kind items but they will not provide a steady stream of product sourcing.

Closeouts And Large Lot Sales

The closeouts and large lot sales will be a wonderful place to purchase items in bulk for a reduced price. Product sourcing in this way will give you a large supply of items at the ready when customers make a purchase. There will be no middleman but you will need a place to store the items. If you choose to utilize this type of product sale, you will find that getting into a niche category with your business will be hard to do.

Delving into Development: The Number of US Software Engineers

Despite holding the global record for the highest number of active software engineers, the United States supremacy is shifting due to changes in the worldwide labour landscape.

The IT sector is blowing up globally, bringing in many top-notch experts worldwide. Recent reports show a total global software engineer count of approximately 26.9 million, projected to rise to 28.7 million by 2024.

Yet, here’s the burning question: How many software engineers currently operate within the United States? Let’s take a look at the statistics!

How many US software engineers are there?
In the global developer demographic study, the US ranks top with the highest number of software developers, at over 4.4 million. Around 680,000 specialise as software engineers, adept in design, development, maintenance, testing, and computer science assessment.

The Washington DC region leads with the highest concentration of engineers (6.46%), followed by Virginia (4.43%) and Maryland (4.41%). While specific engineering roles, such as computer programmers, have decreased by 60% since 2000, wages have risen significantly by 47%.

What’s driving demand for software engineers?
The growing need for software engineers is caused by various factors, such as fast-paced technological advancements and the requirement to refresh code because it doesn’t last forever. But let’s take a closer look at some of the key reasons why the demand for developers is at an all-time high:

The Covid-19 pandemic sped up digital transformation across industries.
The pandemic’s impact led to increased adoption of software-centric approaches.
Online work shift boosted tool implementation and demand for creative software.
Complex projects are on the rise due to intensifying demand.
New platforms requiring more skilled engineers.
Demand amplified by search engines, e-commerce, messaging apps, and other innovations.
The question is: How many software engineers in the US can fulfil this growing need?

Challenges in the US software development
The software engineering scene is experiencing a diversity drought, particularly in the US and the broader Western context. The tech industry is having trouble attracting Generation Z, yet it is striking a chord more with 30 to 34-year-olds.

Plus, here’s the scoop on gender in software: it’s not quite level. A massive 78% of those software professionals are men, while the women? They’re holding it down at 22%.

This whole inconsistency situation gets even more complicated when fewer than 30,000 students complete their Computer Science degrees each year. We’re looking at a solid eight years of work just to start catching up with the current job demand.

Taking on the US software engineer gap
The software engineering field thrives, with an 87% employment rate. Yet, a significant gap exists between the supply of engineers and job demand, as evident from the 1,365,500 current job openings.

Around 21% of software developers are expected to secure jobs in the next decade. However, the challenge lies in the 35-day average hiring period, which is incongruent with the fast-paced needs of modern organisations.

The solution? Teaming up with offshore partners. This move tackles the global engineer shortage and the slow hiring process.

Here’s the scoop: 78% of software engineers switch jobs for higher pay, plus they want fresh experiences, balance, and new challenges. And guess what? They’ve got an edge in this job market.

Bottom line? Software engineers have the upper hand, but there are challenges to face.

Summing up
We hope this post helped you determine how many software engineers are in the US and if they fit your needs. Going offshore could be the best option if there’s still a gap.

Remember to find a partner who gets your organisation’s values and goals. Check out case studies and feedback to ensure they’re a good match. And before you seal the deal, make sure they can pick out candidates, vouch for technical skills, and keep the developers engaged.

Need help with offshore engineering? Still trying to figure out where to start? Feel free to contact The Scalers. Their experienced pros are ready to guide you to your goals!

Bad Credit Commercial Loans – Give Your Vision A Reality

Usually, bad credit commercial loans pass on purposely to the assistance of loans to entrepreneurs having adverse credit history for their existing or planned businesses. Most typically, bad credit commercial loans are done through a bank or some other major high street lenders. Many commercial institutions offer small business loans that are especially designed to fit the needs of a variety of the borrowers at their businesses.

Although borrowers having bad credit history get negative response applying for any sort of loans, coming of bad credit commercial loans has solved the borrowers’ borrowing problems. There are two types of bad credit commercial loans i.e., secured and unsecured. The former forms of bad credit commercial loans contain collateral placing as of borrowers’ securities in the future, whereas pledging placing do not matter regarding these forms of bad credit commercial loans.

There are many lenders available online and offline for bad credit commercial loans. Candidates i.e., bankrupts, arrears, defaulters, IVAs, and CCJs, need to carry with them their current credit scores. Reviewing the current credit scores, the lending authority see through the borrowers’ financial capability and repayment capacity. After, lenders bestow the borrowers with bad credit commercial loans to the borrowers.

If you decide that you want to finance business through bad credit commercial loans, ensure that you visit a number of different lenders, such as commercial institutions and high street lenders. Review your options carefully so that you can choose the lending option that is best suited for your business and for your current financial situation.

In the recent past, the provision of bad credit commercial loans online has given the processing of bad credit commercial loans a good speed. Now, borrowers have to fill in a simple application forms, and rest they have to search out a lender. That many lenders are present online borrowers find options selecting in between.