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Global Sourcing (Procurement) Services

The story

Flexible sourcing on a global basis is becoming a viable alternative for corporations worldwide. However, the rules are continuously changing due to limitations and restrictions in each market. To successfully source product, company must clearly understand the culture, the business, and the government of the sourcing country.

Unexpected Costs

In many countries, QS-9000 or ISO/TS 16949:2002 certified suppliers may appear to be capable of delivering products and yet habitually not be able to perform. Hidden costs can result from:

  • local environment
  • cultural differences
  • higher business complexities
  • inconsistencies of utilities
  • unknown levels of bureaucracy
  • lack of enforceable laws
  • unevenness in the abilities of local workers
  • high employee turnover
  • additional travel costs
  • integration of IT systems
  • cost for urgent delivery flights
  • communication delays as a result of time differences.

Meridian International has a strong track record of assisting clients making successful moves into China. Since 1980s, Meridian International has become the provider of choice for many multinational corporations doing business in China. Any company who is outsourcing products and services, obtaining joint venture partners, and establishing business and manufacturing operations in China can benefit from our experience.

Global Sourcing Services

Phase I: Supplier Identification

Meridian International will work with you to identify the products or services that can be successfully sourced in China. Meridian International will help determine the success metrics, conduct an initial business assessment of potential suppliers or partners, and then recommend the most suitable supplier. We strive to make sure that suppliers are able to meet the milestones and timetables that you set.

Phase II: Supplier Development

Whether you decide to source or partner in Asia, Meridian International will work with your project leader(s) to ensure a successful product development process. Meridian International will liaison and transfer knowledge between you and your supplier throughout the entire process. At the end of Meridian International's engagement, the supplier will provide you with a successful product that meets all your Production Part Approval Process (PPAP) criteria. All factors including quality, delivery, and packaging risks will be considered to provide a high quality product at cost and on time while conforming to US and International standards for performance.

Ongoing Support

Following the completion of supplier development services, Meridian International can provide product containment services until you are confident of a supplier's quality.

Additional Services

In addition to the partner development and operational services outlined, Meridian International will help you negotiate an agreement suitable for suppliers or partners. If your decision is to set up your own operations in China, Meridian International will help identify legal and accounting firms as well as provide introductions to various governmental agencies. Furthermore Meridian International can assist in the identification and recruiting of top management personnel.

Why Meridian International

Meridian is your choice of Business partner towards out sourcing in China. Meridian International's experience has shown that global sourcing can bring considerable and tangible benefits including:

Sustainable reduction of Total Cost of Ownership (TCO)

  • Cost savings between 20% and 50%
  • Innovative models for flexible delivery supported by variable pricing

Flexible Delivery Capabilities

  • Access and harness our broad variety of skills and capabilities from all over the globe
  • Efficient adjustment of sourcing portfolio depending on client needs

Rigorous Quality as standard

  • Commitment to excellence and continuous improvement
  • Adherence to industry best practices and standards

 

 

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