Machinery Components Sourcing Consulting

 

The Client’s Challenges

• The client wants to identify main components’ suppliers in China for exporting or better serving the local Chinese customers

• The client has little knowledge of the costs changes of major components, such as steel plate, suspension bar, wearing parts

 

Objectives

• Develop long-term supply relationships with Chinese suppliers and optimize the sourcing strategy in China

 

Deliverables (12 Weeks)

• Phase I: Long list of potential suppliers and review of the costs changes of the studied components

• Phase II: Review and recommendation of potential suppliers

 

Processes

• Study and understand the technical and specification requirements

• Categorize the products and study the value chain

• Develop list of potential suppliers

• Investigate the suppliers and obtain product quotations

• Recommendation and facilitation of meetings

 

Results

• The client visited and qualified the selected suppliers, a new sourcing plan was built with the support of PIM