Sourcing
We follow a systematic approach of identifying potential suppliers, comparing their capabilities, negotiating contracts, and managing supplier relationships to ensure the timely and cost-effective availability of goods or services.
Our sourcing services begin with the identification of potential suppliers who can meet your requirements. We conduct market research, assess supplier capabilities, evaluate their track record, and ensure they meet quality and compliance standards
We carry out stringent evaluation processes to ensure the supplier suitability, and choose suppliers based on the results. This includes a comprehensive 9-step process that covers all bases.
We support our clients in negotiating favorable terms and conditions with suppliers. We utilize our expertise in contract negotiation to secure the best possible pricing, payment terms, warranties, and other contractual elements.
We identify potential risks, develop mitigation strategies, and establish contingency plans(like diversifying the supplier base, implementing risk monitoring systems, ensuring business continuity) to minimize disruptions.
