Low Cost Country Strategic Sourcing Services

Corcentric can assist your company in the procurement of items and services either domestically or from low-cost country suppliers (such as China, S. Korea, Eastern Europe, India, Indonesia, Malaysia, Brazil, Philippines, Thailand, Taiwan).

These countries can provide lower unit costs due to economic boom, low costs of labor and overhead and the increase in global trade.

* Post recession, Corcentric has seen a large interest in “Nearshoring” and is happy to announce that we have completed several large manufactured goods projects with near shore countries. Whether low prices are in your mind, safety concerns, or you found your existing far-east manufactured products and intellectual property for sale in the black market, there are many compelling reasons to bring your manufactured goods closer to home. Corcentric can help. *

Sourcing from foreign markets can be extremely complicated due to tariffs, language barriers, logistics, and import/export restrictions. Corcentric has the resources and partnerships formed through strategic alliances throughout the world to help you save time and energy in strategic sourcing from these countries.

Together, Corcentric and your organization can find the right products, services, and suppliers to effectively reduce your spend and meet your organizational needs.

Corcentric’s strategic sourcing process will help you pre-qualify the suppliers based on quality, timely delivery, competitive pricing and the overall fit with your organizational needs.

Corcentric’s strategic sourcing process will help identify which supply markets are attractive based on the following criteria:

• Comparative growth rate of the economy
• Available “on the ground” resources
• Inexpensive but skilled labor
• Size of the applicable supply base
• Stability of social and political environment
• Size of the target marketplace for your organization

Become More Competitive

Corcentric can assist in the identification of cost competitive high quality supply chain partners. These supply chain partners can often add additional value to your organization beyond better pricing. Overseas supply chain partners may offer innovations in their products and services, as well as new creative process improvements that can add additional value to your product or service offerings or allow your company to expand its offering. Additionally, many overseas suppliers can tap into the latest technologies in low cost design capability, and are often willing to build their manufacturing capability to suit a new client’s needs.

Together, Corcentric and your organization can build effective long-term relationships with the low-cost supplier that fits your organizational goals and requirements.