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Sourcing Partner Ltd
Stoke-on-Trent, United Kingdom
A
1-10 Employees
2016
Key takeaway
Sourcing Partner Ltd specializes in sourcing products from Europe and Asia, providing a comprehensive end-to-end solution from concept to market. With a strong focus on developing products and brands, they enhance the sourcing and importing process, making them a valuable partner for retailers.
Reference
Core business
Sourcing Partner Ltd
Sourcing Branding Innovation
NGrids Solutions
Kochi, India
D
1-10 Employees
2010
Key takeaway
Ngrids Solutions specializes in reliable purchasing solutions and offers comprehensive sourcing support, making it a valuable partner for supplier sourcing needs. Their software solutions enhance material cataloging and item normalization, ensuring a structured approach to listing product requirements.
Reference
Product
Sourcing
SNS Sourcing Pvt. Ltd
Lahore, Pakistan
E
51-100 Employees
2000
Key takeaway
SnS Sourcing specializes in supplier sourcing by offering a comprehensive end-to-end service that integrates manufacturing and direct supply, making it a valuable partner for businesses of all sizes. Their unique approach simplifies the sourcing process, providing a cost-effective, factory-direct service.
Reference
Core business
SnS Sourcing
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Supplier Scanner
Hong Kong Island, China
D
1-10 Employees
2016
Key takeaway
Supplier Scanner offers a comprehensive cloud-based platform that streamlines the supplier sourcing process by providing trusted supplier information, making it easier for companies to find their ideal suppliers. Their commitment to creating a collaborative and transparent ecosystem enhances the sourcing experience for both buyers and suppliers.
Reference
Core business
Supplier Scanner | Sourcing has never been easier
Looking for your ideal supplier? We provide a cloud-based all in one platform integrated with all services you need to grow your company.
Smart Sourcing Group
Mexico City, Mexico
D
1-10 Employees
2017
Key takeaway
Smart Sourcing Group (SSG) specializes in providing high-quality products at competitive prices, leveraging over 100 years of experience to effectively source suppliers.
Reference
Core business
Smart Sourcing Group
Sourcing Partners
Ghent, Belgium
A
1-10 Employees
-
Key takeaway
The company specializes in supplier sourcing by collaborating with numerous specialized manufacturers, ensuring consistent quality for prototypes and production parts. They focus on optimizing the supply chain, taking into account specific customer needs for warehousing and working capital solutions.
Reference
Core business
Sourcing Partners | Improve purchasing processes with a direct impact
We work with hundreds of specialized manufacturers so you don’t have to. We guarantee consistent quality for even the most complex prototypes and production parts.
Industry Sourcing LLC
El Paso, United States
B
11-50 Employees
2010
Key takeaway
Industry Sourcing is dedicated to connecting industrial buyers with qualified suppliers, enhancing competitiveness through improved delivery, quality, and cost management. They actively seek to acquire supplier operations, further strengthening their network and capabilities in the supply chain.
Reference
Core business
Industry Sourcing: Connecting Buyers & Suppliers | Industry Sourcing,
SC Global
Dubai, United Arab Emirates
C
1-10 Employees
2017
Key takeaway
SC Global specializes in supply chain services, emphasizing product sourcing and procurement. Their commitment to maximizing customer satisfaction and utilizing the latest technology ensures efficient and high-quality service delivery.
Reference
Service
Product Sourcing & Procurement – Supply Chain Global
Sourcing Engineering Switzerland
Unterägeri, Switzerland
A
1-10 Employees
2022
Key takeaway
Sourcing Engineering specializes in strategic sourcing analysis and supplier risk assessments, providing expert guidance to optimize your supply chain. Their services include should-cost analysis and supplier onboarding, ensuring informed business decisions and cost transparency.
Reference
Core business
Sourcing Engineering
EverValue Industrial
Shenzhen, China
D
251-500 Employees
2008
Key takeaway
EverValue is a contract manufacturer that excels in sourcing and producing a wide range of products, including plastics, silicone, and metal molds. Their comprehensive capabilities and well-managed supply chain allow them to efficiently source parts and reduce costs, making them a key player in supplier sourcing.
Reference
Service
Part Sourcing
Technologies which have been searched by others and may be interesting for you:
Supplier sourcing is the process of identifying, evaluating, and engaging suppliers who can provide goods or services that meet a company's needs. This strategic approach involves analyzing potential suppliers based on criteria such as pricing, quality, reliability, and capacity. By thoroughly assessing these factors, businesses can establish strong partnerships that contribute to their operational efficiency and overall success. Effective supplier sourcing not only enhances procurement strategies but also fosters long-term relationships that can lead to better negotiation terms and improved supply chain management.
Supplier sourcing plays a crucial role in enhancing business efficiency. By identifying and collaborating with reliable suppliers, companies can streamline their procurement processes. This leads to reduced lead times, ensuring that materials and products are available when needed, which minimizes delays in production. Moreover, effective supplier sourcing can result in cost savings. By negotiating better terms and prices with suppliers, businesses can lower their operational costs, allowing for better allocation of resources. A well-structured sourcing strategy also fosters strong relationships with suppliers, leading to improved communication and collaboration, which further enhances overall efficiency in operations.
1. Quality of Products
Ensuring that suppliers provide high-quality products is essential for maintaining standards and customer satisfaction. This involves assessing the supplier's production methods, materials used, and previous customer feedback.
2. Pricing and Payment Terms
Evaluating the pricing structures and payment terms offered by potential suppliers is crucial. Competitive pricing can significantly affect overall costs, while favorable payment terms can enhance cash flow management.
3. Reliability and Reputation
A supplier’s reliability and reputation in the market can impact your business operations. Researching their track record, including delivery timelines, responsiveness, and service quality, helps in selecting a dependable partner.
4. Compliance and Certifications
It is vital to verify that suppliers comply with industry regulations and possess necessary certifications. This ensures that the products meet safety and quality standards, which can also mitigate risks associated with non-compliance.
5. Communication and Support
Effective communication and support from suppliers can streamline the sourcing process. Establishing clear lines of communication helps in resolving issues promptly and fosters a collaborative relationship.
Technology plays a crucial role in enhancing supplier sourcing processes by streamlining operations and improving decision-making. By utilizing advanced analytics and artificial intelligence, businesses can analyze vast amounts of data to identify potential suppliers more efficiently. This leads to better selection based on criteria such as cost, quality, and reliability. Moreover, cloud-based platforms facilitate real-time collaboration and communication between sourcing teams and suppliers. This transparency allows for quicker responses to market changes and fosters stronger relationships. Additionally, automated tools can simplify tasks such as contract management and performance tracking, ultimately reducing time and costs associated with sourcing activities.
Supplier sourcing involves various challenges that can impact an organization's procurement process. Quality Assurance Ensuring that suppliers meet quality standards is a significant hurdle. Inconsistent quality can lead to production delays and increased costs. Communication Barriers Effective communication is crucial in establishing strong relationships with suppliers. Language differences and time zone variations can hinder collaboration and lead to misunderstandings. Cost Management Keeping costs in check while sourcing from multiple suppliers can be complex. Fluctuating prices and unexpected fees may arise, impacting overall budget plans. Compliance and Regulations Adhering to local and international regulations is essential. Non-compliance can result in legal issues and damage a company's reputation. Supplier Reliability Dependability is another concern. Suppliers may not always deliver on time or as promised, which can affect production schedules and customer satisfaction.
Some interesting numbers and facts about your company results for Supplier Sourcing
| Country with most fitting companies | United Kingdom |
| Amount of fitting manufacturers | 4119 |
| Amount of suitable service providers | 4801 |
| Average amount of employees | 1-10 |
| Oldest suiting company | 2000 |
| Youngest suiting company | 2022 |
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Some interesting questions that has been asked about the results you have just received for Supplier Sourcing
What are related technologies to Supplier Sourcing?
Based on our calculations related technologies to Supplier Sourcing are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting
Who are Start-Ups in the field of Supplier Sourcing?
Start-Ups who are working in Supplier Sourcing are Sourcing Engineering Switzerland
Which industries are mostly working on Supplier Sourcing?
The most represented industries which are working in Supplier Sourcing are IT, Software and Services, Other, Consulting, Human Resources, Logistics, Supply Chain and Transportation
How does ensun find these Supplier Sourcing Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.
