Global Sourcing Consultants in Low Cost Countries
Competitive pressures, globalisation, the desire to enter developing markets overseas together with the growth of the internet have driven a greatly increased level of sourcing of products from Low Cost Countries (LCC) at lower costs than from existing local suppliers.
Challenges abound in successfully implementing a strategy for global sourcing - these include:
- How to ensure there is an appropriate fit between corporate strategy and a strategy for LCC sourcing
- How to develop the correct strategy for individual product groups and prioritising work programmes
- Locating appropriate suppliers in the right countries
- Lack of internal resources, infrastructure, knowledge and senior level sponsorship to manage and implement the desired strategy.
Based upon many years experience, our global sourcing consultants provide a detailed step by step approach, using in-country knowledge, to ensure that you achieve your goals once LCC sourcing has been agreed as the right strategy for your company.
To understand more about our methodology and how it works, please follow this link: Sourcing in Low Cost Economies
Global Sourcing Consultancy – finding the right partners
Finding the right partners to work with in Low Cost Countries requires knowledge, networks and experience. We believe that the interests of clients are best served by employing good independent global sourcing consultancy services in the initial stages, rather than basing knowledge on information derived from other external sources with vested interests. Importers or agents will frequently have a role to play in a later, defined import strategy but should be viewed only as one of the potential resources. In the initial stages of review and investigation it may be necessary to use an importer for some product categories for a variety of good reasons, but equally it may be totally practical and strategically best to work directly with overseas suppliers for certain products. The decision is best made using independent sources of data, as the following table illustrates. Consultancy-Agent Comparison pdf.
