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Under our Global Sourcing solutions, we identify source and purchase the products and services you need locally and from global markets across geographical boundaries. We help you to exploit global efficiencies including low cost skilled labor, low cost raw material and other economic factors. We focus on finding the balance between the quality of raw materials and the affordability.
We handle all your sourcing / procurement needs such as identifying and finding suppliers from which we gather all the materials you need for your products, services. We handle the negotiating of prices, placing of orders with each supplier, arranging payments, receiving the goods, handling inventory control and storage and following up with suppliers until materials are delivered.
We understand the need for you to keep your businesses up to date with the rapid pace of technology advancement. As demand grows for better and more goods and services, competition becomes fiercer. You now strive to improve consumer value along the whole value chain. At the same time, however, your need to keep costs down and optimize quality. This presents a need to access the international marketplace.
In making the decision to do global-sourcing you must consider whether to sole-source (use one supplier exclusively) or to multi-source (use multiple suppliers). The advantage of sole sourcing is that you will often get a lower price from large volume purchasing with one supplier. This gives us a greater influence over the supplier for preferential treatment
Using multiple suppliers on the other hand, gives you more flexibility and reduces the likely chance supply disruption.
We will guide the selection of the right sourcing strategy for your needs and will ensure that you receive the desired value. We also focus on reducing the associated risk and fears you may have about sourcing globally, by being in constant contact with selected suppliers to ensure the quality of products and processes, the financial health of each supplier, and the supplier’s adherence to laws, safety regulations, and ethics.
Through our Global Sourcing solutions, we assess your purchasing needs, map out a plan, conduct market research, and identify potential suppliers
Whether you are an Individual, Entrepreneur or Company of any size we can provide the right solution to all your sourcing needs.
Globally sourced products and services offers a unique opportunity to create increased value to your customers and increase your profitability. Lets talk!!
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Tel: (876)648-4472 Mobile: (876)458-3432 Email:customer@stratlance.com
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As a result of the health risks and impact of the Covid-19 pandemic we have suspended operations from our fixed office location and are now fully utilizing our virtual workspace online.
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Tel: (876)458-3432
Email: customer@stratlance.com
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