Sourcing and Outsourcing

Strategic sourcing should include specific supplier selection criteria, alignment to future product needs and define outsourcing opportunities to ensure lowest labor costs.  We help you understand what is required for a successful  strategy, analyze your supplier performance, assist in developing effective RFQ packages when you encounter unique circumstances such as:

• Deciding to outsource for the first time

• For commodities with which you have limited experience

• Need a plan to reduce your supply base quickly and with minimum risk

Benefits include:  1) easier new product introduction  2) lower costs from outsourcing high labor materials  3) more effective purchasing from a concentrated supply base.

Our  plans result in lower costs, improved manufacturing support and better supplier relationships.  We have sourced a wide range of commodities including:  die cast and machined parts, sheet metal, medical and research equipment, electronic and power components, automotive parts, assemblies, injection molded plastics, capital equipment, computers, software, warehouse fixtures, raw materials and many others.

We have outsourced manufacturing to many global locations including Singapore, China, United Kingdom, Puerto Rico, Mexico and Italy for a wide variety of commodities including printed circuit board assemblies, communication equipment, sheet metal and power components.

Call (978) 549-7884 to discuss your need or problem.

Outsourcing?  consider:

• How do you ensure all outsourced products pass your quality inspection?  Can you afford a customer waiting while you're scrambling to fix problems?  Do it right the first time.

• How do you know you're  paying the lowest cost?  How do you ensure you continue to get lower and lower prices?

• How do you minimize inventory liability?  During the last down-turn many companies were left with large inventories, some of which had to be written-off.  Don't make the same mistakes.  Learn how to manage inventory with an outsource partner and how to smoothly transition any left-over inventory. 

• Do you need a contract?  What terms are critical in the agreement?  We have contract templates that have been used effectively with world-class subcontract manufactures such as Sanmina, IEC and Flextronics.

We help by

• Identifying the best financial opportunities for outsourcing

• Estimating purchased product costs (accurate target costs are critical to negotiating lowest product prices)

• Assisting in designing effective outsourcing RFQ packages (We’ve reduced costs by 10-15% from initial quotes using our methods developed over 25 years)

• Locating and qualifying ideal suppliers

• Providing proven contract templates

• Developing cost and contract negotiating plans

• Unearthing potential outsourcing issues and drafting mitigation strategies

Contact us by email info@imaginesms.com or telephone (978) 549-7884