STRATEGY DEFINES SOURCING PROCESS
Evaluating Data &
APAC Procurement Markets
After defining the highest profitable opportunities, the strategic sourcing road map is being developed. Strategic sourcing is a collaborative process hence intensive communication is required to allow an organization to align purchasing power with its overall value proposition. Building a resilient & diversified supply base is of the highest importance.
At SMATRA Group we combine three key elements for our client’s strategic sourcing road-map:
- Expertise in various product categories & professional network
- Customized supply database solutions for certified suppliers
- Strategic locations of staff in manufacturing hubs of Asia-Pacific markets
DATA ANALYSE, NEGOTIATIONS & EXECUTION
Strategic Sourcing
Roadmap
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 are 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 Group we carefully analyze potential suppliers and work out new concepts. Key points of typical sourcing process:
- Profile the Category
- Supply Market Analysis
- Develop the Strategy
- Select the Sourcing Process
- Negotiate & Select Suppliers
- Implement & Integrate
- Benchmark & Track Results
