Sourcing from low-cost countries can be much more
challenging than you think:
- Communication problems
- Highly cost and resource-intensive to set-up and manage
- Cultural and language constraints
- Capacity constraints beginning to appear in low-cost countries
Essential elements of our solution are product and component sourcing and vendor management. Our Asian-based IPO (International Procurement Office) and our global commodity team monitor and develop our supplier network. They have particular focus on suppliers of B and C commodities. They continuously monitor industry trends and prices to ensure that high quality components are sourced at the most competitive price.
Our rigorous supplier selection and monitoring process ensures that our AVL (Approved vendor listing) and yours include only the most progressive suppliers who:
- Have the capacity and flexibility to cope with fluctuating inventory demands
- Meet the necessary industry compliance standards and requirements as set out by WEEE, CE Marking, HIPPA and others
- Consistently deliver on quality and cost
This vetting of our AVL includes: site visits, price and capacity checks, quality audits, and monitoring. All of the approved vendors are regularly reviewed.
Our global procurement team leverage knowledge and supplier expertise to develop global and regional supply base and commodity strategies. We are proactive in ensuring continuity of supply, which guarantees you business continuity.
Commodity Management
- Enhanced Material/Production Planning
- Reduced Component Pricing
- Reduce Product Obsolescence
By pushing demand information further up the supply chain - up from the fulfillment stage for many manufacturers - we can lower the cost of sourcing and procuring materials.
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| Supplier owned inventory |
Lower inventory cost |
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| Leveraged sourcing |
Lower component cost |
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| Continuity of supply |
Reduced risk and business continuity |
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| Large purchasing team |
Less overheads |
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