So what will be the economic impact of the lockdown measures required to keep the mortality rate down?
Breaking the Mould
Generating Value, Reducing Costs, And Driving High Performance.
With the opening up of global economies there’s no reason why companies shouldn’t source from the best suppliers across the world. Data suggests that US manufacturers have to cut the costs of their products by 30% to compete with Chinese producers. Add to this the market opportunities offered by emerging economies and the burgeoning regulation and legislation imposed on firms based in the European Union; offshoring is becoming a key strategy for manufacturing firms.
Outsourcing procurement services to TSS can deliver the flexibility and agility needed to secure high-profitability year-over-year, improve speed to market, enable competitive advantage and support broader business transformations. The TSS high-performance sourcing ecosystem yields a wide range of benefits including: Reduced Operational Costs, Improved Speed to Market, Supplier Compliance and Risk Management, etc.
High Performance Sourcing. Delivered.
Our experience spans every industry and challenge, which gives us a unique perspective that we bring to every client relationship.
We regularly negotiate more favorable terms to improve the client’s working capital position & optimize working capital efficiency.
Clients utilizing our full suite of operations are able to reduce their spend by 20% in a fiscal year, and by another 3-4% thereafter.
Insights and Perspectives on Sourcing & Procurement
Project supply chains are chains that provide products that are for a unique customer, and must be configured or even designed from scratch.
As the world grapples with human and economic crisis, supply chains are finding themselves squarely within the public eye and experiencing unique challenges of their own.
A detailed 6-point checklist that will help you capture all your risk and help isolate your recovery plan.
How you act right now makes all the difference. But bad choices matter just as much.
demand shocks witnessed by the global market in recent times seem bigger than those felt during the recession of 2008-2009.
Companies must become adept at managing risk to maintain competitive advantage, even in uncertain times.
An action plan for making your business more resilient and your supply chain more durable.
Make Global Sourcing a Competitive Advantage.
Source from the best overseas manufacturers.
learn more about how our frameworks and solutions are changing the face of global Sourcing and Procurement.