We are here to help you lower your Procurement & Supply Chain Costs.
You don’t have to be a big company to negotiate low production costs and streamline your operations. Startups and small business can often achieve better Procurement and Supply Chain results because they are nimble and can implement improvements quickly. Your supply chain should make your company, not break your company.
Supply Chain Streamlining Made Simple
What is Procurement & Supply Chain?
Procurement is the process of finding suppliers who can manufacture the specific parts needed for a product or finding a contract manufacturer who will assemble the parts into the final product. Procurement involves evaluating suppliers for competency, quality and fit, negotiating pricing, and finalizing supply contracts.
Supply Chain is the sequence of steps required to produce a physical product. This involves understanding where the raw material comes from, who converts the raw material into components, who performs the assembly work and quality checks and then ultimately how the final product is packaged and shipped.
There are many different ways to go about developing and procuring your product, running you business and interacting with your customer. Whether you choose to use overseas manufacturers or local manufacturers, a fulfillment company or your own warehouse, there are pros and cons to everything and considerations to make from all angles. The decision of who to work with and what strategy to use will come down to cost, timing, quality, and fit. There are countless suppliers and manufacturers to choose from, and countless options for setting up your business structure. A procurement and supply chain expert can help you sort through the options and decide what makes the most sense for your product.
What does a procurement and supply chain expert do?
Procurement and supply chain experts have a deep knowledge and understanding about the best practices for launching a product. They can get you to market more quickly and help you achieve profitability as soon as possible. This experience can help you set your business up for success. You don’t have the luxury of being able to absorb delayed timing or poor customer feedback. You need someone who knows what to do and exactly how to do it.
1
Advanced planning and timing
We will work through your company’s vision and goals for the product and develop a plan for design, manufacturing and distribution.
2
Select the right supplier partners
We evaluate your supply base for cost, timing, competency, quality and performance. Having the right manufacturing partner is critical to a products success.
3
Optimize your supply chain
Optimize your material flow and internal processes. With streamlined operations you can move quickly and efficiently with less costs and less mistakes. Don’t leave things up to chance. Have a plan and implement it.
Why Hire a Procurement & Supply Chain Expert?
Catch the Eye of Investors……
Hardware startups are inherently risky due to the capital involved to create prototypes and test the product. But if you can refine your business plan to show low COGS, growth, and a condensed launch plan you might catch the eye of some investors.
Grow your Business……
Maybe you’re profitable, but not as profitable as you should be. Let’s take a deep dive into your product and optimize costs. Improving your profits and cash flow might help grow your business.
Increase your odds of Success……
Why not hire an expert who knows the ins and outs of supplier selection, contract and cost negotiation, logistics and fulfillment and can help manage the launch of your product? Offload the work so you can get back to what your value add work.
We take the stress out of procurement and supply chain so you can focus on what you do best.
