Sourcing

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At SQI Global we take pride in leveraging our vast local knowledge and expertise to connect and partner you with the right suppliers.

Depending on the customer requirements, we can assist you with the following activities:

- Source and secure new suppliers for a new project.

- Source and secure the original manufacturer of a product.

- New Supplier on boarding, we will assist integrate the new supplier to your processes.

- Using our global commodity benchmarking tools we can validate any supply chain price increases.

- New supplier assessments, toolkit, ensure the supplier meets all quality, cost and regulatory requirements.

We can further assist in being your eyes and ears in Asia and acting as your own sourcing office.

We can provide fast and reliable feedback on changes in the local market that s your business, providing you with sufficient time to adjust your strategy to gain a competitive advantage.

We use our cultural knowledge to provide you with supplier negotiations, so you obtain the best quality, price, lead times, trading terms and put in place long term supplier agreements.

As one of our core values, we strive to be the best and always go the extra 5% in everything we do, we share our knowledge so you can win.

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1. New Supplier Sourcing

"So you have a new innovative Product design and you need a to find the right manufacturing partner to help you succeed."

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If you are unable to have your own experienced dedicated local purchasing team in Asia, you may take the following strategies:

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Strategy 1

Strategy 2

Strategy 3

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All the above strategies are fraught with danger and risk to your business, ending in outcomes that may not allow you to win:

- Supplier technically incapable to develop and manufacture the product on time, leading to more internal resources spent on managing the supplier.

- Your supplier is a simple trading house or reseller, your design is outsourced to a sub-supplier, leading to cost overruns and creating vulnerability of your Intellectual Property.

This is where we step in and help you get through the minefield by correctly selecting the right manufacturing partner.

We sit down with you and take the following steps:

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Customer Process

Supplier Sourcing Process

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Once you are satisfied and have selected the supplier, we then either hand over the project to you to follow through with the suppliers or we are happy to further assist you with supplier development activities.

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2. Sourcing from the original manufacturer

"So you found a new off-the-shelf product to add to your current product range, and you want to find it's original manufacturer."

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One of the major issues faced by many organisations is finding the original manufacturer of the product. Typically the suppliers you find on internet searches and at trade shows may not necessarily be the true manufacturer of the product, they maybe a trading house, a reseller, a copier or an agent who sets to make a margin on the product. You end up buying the product at a highly inflated price.

This is where we step in and help you identify the original manufacturer, through the following steps:

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Customer Process

Supplier Sourcing Process

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Once our assessment is complete, we connect you with the original manufacturer.

Once you are satisfied with the selected supplier, we then either hand over the project for you to follow through or we can continue to assist you to on-board the new supplier.

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3. Supplier On boarding

"So you have a new supplier for a new project, how do you ensure the supplier understands all of your operational requirements."

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Once you have selected your new supplier, the biggest day to day hurdle faced by most companies is ensuring the supplier clearly understands and follows your operational requirements, from:

- Delivery process requirements (packaging, carton weights, barcoding formats)

- Quality requirements (PPAP process, Certificate of conformance, warranty process, IQC and OQC requirements)

- Communication process

- Other customer requirements

If the supplier is not properly on-boarded and trained to follow your operational requirements, mistakes and miscommunication will occur between you and the supplier, causing tension within the new business relationship. We will train and help the supplier understand your operational requirements. We undertake the following steps:

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Customer Process

Supplier Sourcing Process

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These processes will ensure the suppliers are properly on-boarded to allow for a strong relationship to be built and reduce your operational resources to manage supplier activities.

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4. Global commodity benchmarking

"Your unit price keeps increasing, you have no clear visibility as to what's driving the price increases."

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Organisations are always faced with unit price increase as a consequence of a range of factors arising from the supply chain. Major common causes are:

- Price of raw materials have increased

- Price of local labour rates have increased

- Price of factory rental has increased

- Government regulations and taxes

- Shipping costs have increased

- Effect of foreign currency exchange

Without a local presence at the supplier area, it is difficult for organisations to clearly evaluate and validate these causes, some of which may be justified some not:

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Customer Process

Supplier Sourcing Process

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These processes will ensure that you will always have the most competitive pricing.

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5. Supplier assessment tool kits
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