© 2019 PIM Ltd.

Machinery Components Sourcing Consulting

 
The Client’s Challenges
  • The client wants to identify main components’ suppliers in China for exporting or better serving the local Chinese customers

  • The client has little knowledge of the costs changes of major components, such as steel plate, suspension bar, wearing parts

 

Objectives

  • Develop long-term supply relationships with Chinese suppliers and optimize the sourcing strategy in China

 

Deliverables (12 Weeks)

  • Phase I: Long list of potential suppliers and review of the costs changes of the studied components

  • Phase II: Review and recommendation of potential suppliers

 

Processes

  • Study and understand the technical and specification requirements

  • Categorize the products and study the value chain

  • Develop list of potential suppliers

  • Investigate the suppliers and obtain product quotations

  • Recommendation and facilitation of meetings

 

Results

  • The client visited and qualified the selected suppliers, a new sourcing plan was built with the support of PIM