The client had recently set up a local China sourcing center and was transitioning from long-term third-party sourcing arrangement. Management was seeking improved sourcing costs through evaluation of alternative sourcing models across a number of its key SKUs.
Our team of consultants provided the client with a detailed analysis of current spend by key characteristics. We then mapped specific textiles from the material source to end product supplier and estimated future spend requirements (~2-3 years out) by key material and end product.
Solidiance provided a mapping of potential initiatives to pursue to improve supply chain performance through cost/speed. We estimated potential economic benefit versus costs, risks and ROI perspective for the selected alternatives. Based on internal knowledge/experience, we built alternative “straw model” sourcing scenarios which could improve cost/performance.
Our team provided a mapping of potential initiatives to pursue and the client prioritized their next step options.