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Global Sourcing is no longer the preserve of the multinational companies who already have experience of trading across international boarders, but is now firmly fixed in the business plan of many small, medium and large UK based manufacturing companies with local or niche markets. Many organisations have identified that global sourcing provides considerable opportunity for acquiring manufacturing capacity at lower rates, for both technical and commodity products. This is, in essence, the main advantage of global outsourcing.
Global sourcing solutions provide cost saving benefits that enable organisations who are maximising global sourcing solutions to gain a competitive advantage over their competitors who are not embracing global sourcing. Basically, those who use global sourcing successfully are stronger, leaner and fitter than those who do not, giving the business a real competitive advantage.
It is important for companies to realise, however, that global outsourcing like many other business functions, is a complex and specialist field that often requires an in-depth yet broad knowledge of many issues that affect the success of global outsourcing strategies. Many companies enter into global sourcing without fully appreciating the impact this will have on time and other precious resources dealing with issues such as vendor identification, selection and management, regulations, differences in business culture, price negotiations, quality control, political and economic volatility, freight arrangements and supply chain management, customs clearance and duty management, intellectual property laws and protection, progress reporting, project management and managing internal expectations.
Many UK companies are faced with constant pressures to reduce prices in times of increasing costs and ever diminishing margins. If companies are to survive and be successful they must embrace global sourcing and concentrate on their competences and outsource those areas that can be processed externally at reduced costs.
At S4S Limited we have over 30 years experience in the manufacturing engineering business helping all sizes of company deal with all the issues that global sourcing will throw at them. At S4S we specialise in sourcing engineered products from India and China, both machined and raw products, forgings, castings, bar, fabrication, plastics and whole portfolio of specialist products as obscure as horseshoes through to high pressure knife-gate valves. We can also provide up to date advice on the moving trends within this global sourcing market.
At S4S Limited, we provide outsourcing advice to clients, to source goods and services to fit individual companies needs.
Working closely with your management team, at S4S we will plan, manage and implement a complete global outsourcing strategy that will deliver what you want and when you want it. At S4S Limited, we have a specialist team who will guide you through global sourcing and develop specific strategies for overseas vendor selection, price negotiation and vendor management from order placement through to delivery, including expediting, progress reporting, freight arrangements, customs clearance and duty management.
At S4S Limited we can also provide the same solution through our consultancy function, where an S4S consultant is resident within your own outsourcing p roject management team working to time constraints and budget controls.
S4S are experts on global outsourcing with indian suppliers and recently made a presentation to the annual Sub-Con Exhibition held at the NEC Birmingham. Download the presentation slides.
08/05/2008
S4S present at the annual Sub-Con Exhibition
S4S recently made a presentation at the annual Sub-Con Exhibition held recently at the NEC Birmingham.
Steve Dobson MD of S4S gave a comprehensive talk on Sourcing and Managing Indian S...
28/03/2008
S4S helps local inventors launch new security product to market.
Complete with the appropriate certification to the British Standard BS7950 and Police Authority APCO approved “Secure by Design”. The unique device was the idea of two local inventors who approached S...
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