Sourcing & Procurement
Pineal Consulting Group procurement services will change your business’s consumption of resources to ensure it continues to thrive. Survival isn’t about reducing costs of purchases; it is about when to buy specific resources and how much you need; effective consumption as an organization will determine whether you succeed or fail in a competitive industry. Procurement services can result in significant returns on investments. Experienced procurement sourcing and management will;
Increase the efficiency and output of an organization
Resulting in a rise in productivity
Establishing strategic partnerships with key partners and suppliers
Resulting in marked savings as well as adding value.
In the highly competitive global procurement landscape, it is a well-established fact that China procurement presents unmatched purchasing opportunities for businesses across the world. However, companies trying hard to deal with China directly have discovered that there are many pitfalls and the cost savings they had thought of is oftentimes nowhere in sight. In fact, they end up fighting cultural differences and communication issues in addition to many other complications which may arise while they choose China as a low cost country sourcing option.
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Growing consumption and increased consumer demands are driving a more international approach to sourcing. SMEs are going further and further afield in the hunt for the lowest cost suppliers. Due to its maturity and stability, a lot of companies are using China as a foundation when low-cost country sourcing and then, depending on how big the business is, looking at other countries from there. For small or medium-sized companies China is the perfect place to start.
SMEs, in terms of procurement capability, are often at a disadvantage when compared to big multinationals. They don't have the same scale necessary to garner mass savings or, when needs must, to set up factories wherever required. SMEs, more or less, have to follow the market and more and more, the market is looking to China.