Low Cost Country Strategic Sourcing Services
Source One can assist your company in the procurement of items and services either domestically or from low-cost country suppliers (such as China, S. Korea, Eastern Europe, India, Indonesia, Malaysia, Brazil, Philippines, Thailand, Taiwan).
These countries can provide lower unit costs due to economic boom, low costs of labor and overhead and the increase in global trade.
* Post recession, Source one has seen a large interest in “Near-Shoring” and is happy to announce that we have completed several large manufactured goods projects with near shore countries. Whether low prices are in your mind, safety concerns, or you found your existing far-east manufactured products and intellectual property for sale in the black market, there are many compelling reasons to bring your manufactured goods closer to home. Source One can help. *
Sourcing from foreign markets can be extremely complicated due to tariffs, language barriers, logistics, and import/export restrictions. Source One has the resources and partnerships formed through strategic alliances throughout the world to help you save time and energy in strategic sourcing from these countries.
Together, Source One and your organization can find the right products, services, and suppliers to effectively reduce your spend and meet your organizational needs.
Source One’s strategic sourcing process will help you pre-qualify the suppliers based on quality, timely delivery, competitive pricing and the overall fit with your organizational needs.
Source One’s strategic sourcing process will help identify which supply markets are attractive based on the following criteria:
- Comparative growth rate of the economy
- Available “on the ground” resources
- Inexpensive but skilled labor
- Size of the applicable supply base
- Stability of social and political environment
- Size of the target marketplace for your organization
Become More Competitive
Source One can assist in the identification of cost competitive high quality supply chain partners.
These supply chain partners can often add additional value to your organization beyond better pricing.
Overseas supply chain partners may offer innovations in their products and services, as well as new creative process improvements that can add additional value to your product or service offerings or allow your company to expand its offering.
Additionally, many overseas suppliers can tap into the latest technologies in low cost design capability, and are often willing to build their manufacturing capability to suit a new client’s needs.
Together, Source One and your organization can build effective long-term relationships with the low-cost supplier that fits your organizational goals and requirements.
Through our extensive partner network, Source One offers physical locations in multiple low cost countries, including:
- London, United Kingdom
- Madrid, Spain
- Manchester, United Kingdom
- New Delhi, India
- Shanghai, China
You don’t have to go halfway across the world in order to find savings in your supply chain. In fact, recent supply chain disruptions, such as political instability, rising fuel costs and natural disasters have made more and more American businesses start looking closer to home for their products or services. We can help. Source One has extensive experience in Near-Shore locations, such as Canada, Mexico, Brazil, Argentina, Europe and South Africa.
Read about nearshoring.
Our Procurement Services are available for mid-market and larger organizations. We are the leading solution provider for the mid-market in areas such as: benchmark reporting, spend analysis, supplier consolidation, statements of work, market analysis, and RFP solutions.
Low Risk with Contingency
Our Strategic Sourcing services can be provided on a contingency (gain sharing) basis, so that they are no fees unless savings are realized.
Global Sourcing Software
Source One provides a free global sourcing platform that is available on the Internet as an on-demand service.