Finding a suitable partner for production is about analyzing suppliers to continuously improve the company’s supply for best-value performance in support of the strategic objectives of their operations. The performance and stability of a manufacturer is also influenced by external factors such as the economic data and the related policies, labor market, incentive programs, tax & legal framework and local infrastructure in the area. At SMATRA we carefully analyse potential suppliers and work out new ideas.
Key points of typical sourcing process:
- Product search and analysis
- Negotiations with suppliers
- Contract arrangement for covering clients requirements
- Production and monitoring of execution
- Shipment preparation