Sourcing Solution & Plan
SpecsPro develop and deliver optimized total product sourcing solutions, which typically involves product development, engineering, factory allocation, regulatory compliances, negotiation, contracting, production plan, quality control, logistics plan, cost evaluation, and business relationship.
The whole sourcing processes can complicated and interrelated. An overlooked detail could cause serious problem and add cost to importers. Typical problems are late shipment, which happens all the time. Other minor errors or non-compliance on packing, marking, labeling and documentation could easily happen and add cost and trouble to customs handling. Delaying on surrendering original bill of lading could incur expensive storage and demurrage charges.
Obviously importers would concentrate their efforts on product quality and specifications, which could be fatal to the sourcing business. However, even after all detailed specifications and requirement well communicated and sample approved, importer should not assume the products would arrive as expected with out a solid compliance program in place.
There are a lot aspects that need to be considered in a successful products sourcing business. What are the criteria to select a proper sourcing partner, and how, being it factory, forwarder, carrier or broker? Is there a proper agreement in place to define responsibilities, liabilities and settlement? Are all the product specifications and production process well communicated and properly documented? Any compliance issue that would pertain to the product intend to be imported? How about the trade terms? The real challenge is to put all these details together and construct a total plan.
With years of actual supply chain experience from design, production to logistics, we are capable in working out a practical plan with all details considered, and implementing the plan for our customers.
In terms of manufacturing, we are particularly familiar with two areas, 1) Metal Fabrication, which involves engineering drawing, tooling, machining, casting and sheet metal fabrication. 2) Electronic Fabrication, which involves involve engineering design, component selection, PCB board design, manufacturing, assembly and product testing.
