Sourcing Procedure
Product Sourcing Management
Agreement Negotiating
Onsite Support
Six-Step Success
Request for Quotation
Product Sourcing Management
 |
Analyzes the requirements of the commodity, including preliminary specifications, preferred supplier, and date commodity is needed. Solicits and evaluates proposals for the requested commodity. |
|
Work with the key managers to develop and implement China sourcing solutions and strategies. |
|
Locate and develop potential suppliers that have the capability to supply the commodity per requirements. Investigates and/or interviews the supplier to determine if they meet standards. Insures that chosen suppliers offer best in class pricing, high quality components, and timely deliveries. |
|
Supervise vendor facilities to evaluate overall performance, including production capacity, cost control, efficiency, quality, reliability and on-time delivery. Effectively lead the process by overseeing requirements definition, bid, negotiations, contract documentation & integration. |
|
Advise management of client on the appropriate supplier to be used. |
|
Implement purchase contracts that comply with company standards and government regulations. |
|
Provide overall vendor management including ensuring tactical execution within assigned commodity, escalations due to service delivery/quality issues and invoicing/payables issues, supplier & contract database management, etc. |
|
Lead sourcing efforts to develop lowest cost of ownership, improving competitiveness, service levels and quality position. |
|
Appraise the Company’s purchasing activities and issue periodic financial and operational reports. |
|
Seek out and develop emerging regions of new suppliers, or suppliers with new and evolving capabilities. Assist the organization on the value of, and risks associated with new sources of supply. |
|
Maintain a portfolio/library of current and potential China source of supply. |
|
Manage relationships with Chinese vendor partners to ensure mutual satisfaction of objectives. |
