Services

Low Cost Country Sourcing

A compelling reason for companies to source from emerging markets using Sourcing Specialists

Not only can companies un-lock significant savings (up-to 35%) from purchasing materials and components from low-cost sources in emerging markets, they can also boost revenue by reinvesting savings into new products or compete more effectively by extending competitive pricing to buyers.

Sourcing specialists has established procurement hubs in three of the top five low-cost regions (China, India and Vietnam). Our services are widespread ranging from basic sourcing to the development of a more comprehensive sourcing strategy and ongoing contract and logistics management.

We also offer flexible fee structures designed to deliver optimal savings for customers and share some of the risks inherent in souricing off-shore.

IPO Outsourcing

Outsource your international procurement office to us and avoid substantial establishment costs, time, effort and the need for on-the-ground implementation support

Establishing a ‘virtual’ international procurement office in an emerging market can deliver the same results without significantly impacting your company’s bottom line.

Sourcing Specialists have dedicated consultants to provide ‘real time’ support for clients at competitive rates.

Our consultants are experienced procurement professionals who have an intimate knowledge of the local market and established relationships with suppliers to ensure you get results instantly.

Supplier Identification and Outreach

Sourcing Specialists offer basic supplier identification and outreach packages.

Our established relationships with local suppliers eliminate the risks involved in dealing with an unknown supplier.

The initial identification process involves a high-level assessment of potential suppliers which includes information requests to gauge supply capabilities and preliminary costs.

Outreach involves a more thorough assessment of potential suppliers, which includes site visitations, quality inspections and customer references where possible.

Strategy Development

Sourcing Specialists develop comprehensive sourcing strategies to ensure the most appropriate approach is adopted and also presents the lowest risk.

Negotiations

Sourcing Specialists develop and execute negotiation strategies with or on behalf of our clients.

Contract Management

Sourcing Specialists manage contracts on behalf of clients to ensure that all requirements are adhered to and the sourcing objectives are fully realised. We also manage all logistics needs to ensure the final piece of the puzzle is in place.

eRFX Event Hosting

Sourcing Specialists set up and host eSourcing events; RFX (requests for information, proposals, quotes) and competitive bidding events (forward and reverse auctions).

On-demand sourcing can significantly accelerate the sourcing process and have an immediate cost impact on your organisation.

Translation capabilities also allow buyers to engage suppliers on-line in their local languages.

Contact us to find out more