Sourcing Solutions is our strategic sourcing offer built on a qualified database of thousands of foundries and forges worldwide as well as on industry experts know how.
Manufacturers looking for competitive edge are increasingly
adopting strategic sourcing because it supports two key objectives,
getting shorter delivery and lowering total cost.
Strategic sourcing provides the following
benefits:
reduces direct procurement cost by 5 - 20%
shortens the procurement cycle by 20 - 30%
reduces admistrative cost by 2 - 5%
enables buying organisation to optimise their supplier
base
Mission Subcontract Solutions for your strategic
sourcing:
The strategic sourcing process is comprised of 6 activities
as illustrated below.
Identify suppliers
Subcontract Solutions can identify rapidly and accurately
as many potential suppliers as possible. The more
suppliers a buyer has access to the more choice he
has and in the end the better his chances of making
the best choice.
Evaluate suppliers
Subcontract Solutions can issue request for quotations
to all suppliers identified and collect their offers
for evaluation purpose. Based on your specific requirements
such as price, quality and delivery Subcontract Solutions
will issue a preliminary suppliers list for your review
and pre-selection.
Qualify suppliers
Subcontract Solutions can organize meetings with the
pre-selected suppliers, make on site visits and audits
as well as make reference checks. Based on data gathered
and experts assessments, Subcontract Solutions will
issue the final supplier short list among which the
selection process shall take place.
Select suppliers
Buyers select suppliers based on the strategic value
they offer. The value can be price competitiveness,
short delivery or strict conformance to quality.
Transact with suppliers Transaction processing cycle times can be dramatically
reduced through the use of online tools. (exchange
of electronic documents, online auctions ...)
Rate suppliers Suppliers are evaluated based on their performance
and the terms of their contracts.
Subcontract Solutions is able to accompany your company
throughout the strategic sourcing process especially
on the Identify / Evaluate / Qualify / Select phases.
