Solutions: Global Sourcing

Do you know for certain that you are getting the best mix of quality, price and ontime delivery from your overseas vendors? With offices in Singapore and over 15 years of experience doing business in Asia, few companies are as well suited to help your organization leverage what the Asian markets have to offer.

In addition to the financial attractiveness that inexpensive materials and "labor arbitrage" bring to the table, there are many other key benefits that organizations stand to gain from global sourcing.

• Improved productivity levels: Having Global operations not only allows many companies to save money by transfering engineering and production activities to a lower labor-rate location, it also frees up key personnel to focus on core competencies.
• Increased flexibility and speed: In addition to being able to quickly adjust labor forces to match demand, many companies have found that overseas operations also allow them to provide 24/7 support to key global customers.
• Access to new markets and customers: Many companies who have outsourced operations to overseas locations such as Russia, China or India have begun to tap into the rapidly emerging local markets.
• Keeping up with the competition: If your competitors are taking advantage of the benefits of global sourcing, your strategy mist address global opportunities in order to stay relevant and competitive.

In a recent survey, Hewitt Associates found that 53 percent of respondents said that they were already offshoring services and another 11 percent said that their companies intended to do so in the next year. The remaining 36 percent said that their organization had no plans to go overseas. Where does your organization fall?

Contact a Telefonix representative to see how we can help your company deliver on tomorrow's goals today.