Any successful foray into global sourcing must be carefully planned and executed. Atlas International Consulting leads strategic global sourcing planning sessions which gather feedback from all
key internal stakeholders. The process uncovers unknown advantages and key challenges that can have an impact on the approach to global sourcing.
Best-cost country sourcing strategy
Despite the global nature of today’s industrial marketplace, significant national differences persist in trade policy, stability, labor availability and cost trends. The complexity of this landscape requires a measured and data-centric approach to best cost country sourcing. Atlas International Consulting will guide the sourcing and implementation process with proven methods including score carding and definition of key performance indicators and other success measures.
Supplier sourcing and approval
No two suppliers are exactly alike. Finding the right partner goes beyond product specification and pricing requests. Rigorous prequalification coupled with fair and honest negotiations lie at the core of Atlas’ relationship-centered procurement approach. True advantage can be gained through a supply chain built on trust and open communication. With two decades of global sourcing experience Atlas International Consulting can help you find and develop those key supplier relationships.
International contract negotiations are understandably quite different than domestic partnership agreements. Navigating the various legal frameworks can be time consuming and costly, both of which can erode the value of the relationship. Nuances in the culture and business practices of various countries also play a key role to successful cultivation of international partnership.
Compliance and auditing
Contemporary international business practice requires safeguards for all parties concerned to assure the terms of agreements are being followed faithfully. Our careful approach to global sourcing strategy and supplier selection encourage an open and shared understanding of audit and compliance protocols. These issues are best if addressed early in contract negotiation and executed consistently throughout the life of the agreement.
Risk analysis and mitigation
Whether dealing with quality challenges, supply shortages, legal issues, port congestion, regulatory and environmental compliance, weather and natural disasters, or political and economic instability, risk abounds in the modern global supply chain. Firms can and must develop deliberate strategies and processes to identify, prioritize and mitigate risk.