Product Sourcing and Specification
We will appoint a dedicated Source One account manager to assist with your sourcing needs and run a demand analysis to find the best source for production. This includes understanding your:
- Product category
- Specification requirement
- Current cost
- Annual usage
- Target price
- Packaging specifications
- Logistic information
Whether it’s a factory design or your own custom design, we begin with our service centric approach towards customers’ objectives and will recommend options for any of your sourcing and manufacturing needs.
Low cost country sourcing
The initiatives include sourcing the manufacturers and vendors across all different regional offices such as China, Taiwan, India, Thailand, Malaysia, Vietnam and Myanmar. We understand the complications of dealing with a country in a different language, culture, logistics and import/export restrictions. The Source One regional team is equipped with in-depth knowledge for each domestic market and supply chain network. Throughout this process, we keep searching for the most cost-effective producers and manufacturers all over Asia and South East Asia.
Identify Supply Market
We help identify the supply chain from each region based on the specifications of our customers’ products. At Source One, each of our regional branches will provide accurate real-time insights revolving around identifying and assessing potential markets and suppliers. We begin evaluating and choosing the correct supply chaines to provide a detailed analysis and profile of suppliers. The process includes a business assessment check, factory email audit, field audit, supplier qualification evaluation report and manufacturing capability evaluation.
Cost Comparison and Analysis
A cost and comparison analysis will be completed for all potential suppliers from every country identified with qualified suppliers. The data allows our customers to accuaretly determine their total cost of ownership in order to make decisions based on total cost rather than only factory cost.
The purchase order process is the journey of the purchase order (PO) from creation to purchase order approval, dispatch, delivery, invoicing, and closure. Source One will monitor the entire processe to best help you receive your products according the your expected quality level and shipment dates.
Asia. It’s big. It’s complex. We know that. We understand the challenges facing businesses in the West and have extensive experience producing goods in the East.
With primary focus on China, we have expanded our coverage for handle manufacturing and product sourcing within Taiwan, Malaysia, Indonesia, Thailand, Vietnam, and India. Our sourcing specialists combine regional cultural understanding and in-depth information and expertise on market dynamics of suppliers’ need.