Is Hula Global better supplier or Sqetch? Here’s our in-depth comparison of the two platforms to show you the differences and help you decide.
Ready to experience the power of Hula Global’s Supply Chain? Get in touch with Sales for consultation.
Is Hula Global better supplier or Sqetch?
Here’s our in-depth comparison of the two platforms to show you the differences and help you decide. Ready to experience the power of Hula Global’s Supply Chain? Get in touch with Sales forconsultation.
When you’re looking for a strong and dependable supply chain partner for your fashion brand, Hula Global and Sqetch are two of the best options in the market.
But how do they differ from one another? And how do they compare in critical areas such as quality and timelines?
To make your decision easier, here’s our in-depth comparison of Sqetch vs. Hula Global to help you weigh up your options and decide which supply chain platform is the best fit for
Hula Global is an apparel supply chain company that operates a network of apparel manufacturing factories in India, Bangladesh and Vietnam. Hula Global’s core focus is new product development and production for fashion & lifestyle products.
Sqetch is platform for making fashion sourcing easy for Fashion Brands. Using it’s platform, brands can search, connect and manage their production.
Hula Global manages end-to-end sourcing, logistics and delivery of your fashion merchandise. From finding verified vendors who can actually deliver quality products on time to ensure the production dispatch hit the timelines – Hula Global’s sourcing team does all the activities end-to-end.
Hula Global’s sourcing team works as an extension of your team to execute your production orders from sourcing countries where you cannot have foot on the ground.
Hula Global’s logistics team ensure that you have a hassle delivery of your merchandise at your doorstep without running pillar to post to custom clear the goods and ensure dispatch
dates of vessels are met.
Sqetch is an open-ended platform based on a marketplace model where you can pick and choose a supplier of your choice and work directly with the supplier.
Once you choose the supplier, you are on your own.
Hula Global on the other hand is a closed-ended platform where you don’t get the details of the factory until the PO is finally generated and in almost all cases, Hula Global is the supplier for your brand.
Hula Global is your SPOC – Single Point Of Contact – you don’t have to chase suppliers and run pillar to post to get you shipments on time.
On Sqetch, you have to do vendor management on your own. Find relevant suppliers, talk to them, evaluate each supplier based on their capabilities, complete the product development and execute the order by working closely with your chosen supplier.
Hula Global on the other hand does the entire vendor management for YOU.
Hula Global has very strong quality parameters and a very large on-ground quality team to ensure those quality standards are maintained by the partner factories at every stage of the production.
Sqetch on the other hand maintains no quality team on-ground which means that you would have to depend on factories word of mouth on agreed quality or arrange third party inspection on your own.
Hula Global’s partner factories adhere to Hula Global Standard Code of Conduct. It doesn’t matter whether your brand is a startup brand or a large big box retailer – the code of conduct remains the same in terms of accountability.
Sqetch on the other hand is based on marketplace model. Each factory has its own
operating procedure and due to open-ended nature of Sqetch platform, it is impossible to make vendors accountable to a certain code of conduct.
Since Sqetch is an open-ended, any supplier can pay the fees and get listed. Only Basic documentation due diligence is done before getting listed on Sqetch.
Hula Global on the other hand maintains a very strong, tight knit community of vendors. The average waiting period of a supplier is 78 days from the date of application and a supplier has to clear of 128 points of validation including site visit by Hula Global’s team, before being formally inducted into Hula Global’s supplier ecosystem.
Sqetch is based on agency model where you pay in a la carte rate for each and every service that you avail whereas Hula Global is a supplier model where you pay for the goods.
Hula Global offers pricing in 3 tiers:
Hula Global has an in-house logistics team and can price you door-to-door cost instead of FOB pricing. This would include product cost + shipping + duties (DDP)
Sqetch on the other hand, if you choose, then you would have to depend on the logistically ability of your chosen factory or you might have to arrange on your own.
Hula Global provide PO financing to certain eligible brands from US, Canada and Western Europe. No such information is available about Sqetch regarding PO financing
Sqetch may not have any MOQs but the vendors on its platform might have. Hula Global on the other hand works with a certain specific MOQ
Sqetch is just a platform and will not be liable or accountable for the quality of the products you received. At best, if there is any dispute, Sqetch can ban the supplier in extreme cases.
Hula Global on the other hand is your supplier. All product quality warranties and liabilities are assumed by Hula Global.
By working with Hula Global, you can be assured that there won’t be any last minute
When you should use Sqetch:
The positive aspect of using Sqetch in such a case is when you want to coordinate directly with the factory and supplier. Ideally you are in a DIY mode and you can afford time to learn, make mistakes, course correct -basically learn by trial and error.
When you should not use Sqetch and choose Hula Global:
The negative aspect of Sqetch is that the suppliers might not always respond in time or work according to your expectations and since Sqetch is just a “platform”, you are left at the mercy of such suppliers. If you are in time bound situation and product quality is what matters the most, then you should definitely choose Hula Global over Sqetch.
Think of this comparison in similar manner as Android vs. iOS: iOS is a tightly enclosed platform and it is very difficult or developers to get in, publish and monetize apps. Moreover, Apple is the Device provider on which these apps should run and these apps should accept Apple’s standard terms & conditions.