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Why Low Cost Sourcing?

Most companies are in a rut when it comes to identifying cost savings opportunities using domestic suppliers
          Just avoiding cost increases is hard enough!

Today’s low cost source is tomorrow’s market opportunity

Alternate supplier sources will help expand supplier competition beyond just the domestic market;

It will enable you to beat the market with competitive prices, in the midst of intense price pressure

Significant savings opportunities

And most importantly, your competition is probably already doing it.



Low Cost Sourcing - Current Situation

Today, most organizations have set-up International Procurement Offices (IPO’s) in China, and sometimes in India as well. These organizations have spent a considerable amount of time and effort in setting up these IPO’s and training resources over there.

However, costs have started escalating quite rapidly in these two regions, and companies have become interested in exploring other potential sourcing regions, such as Vietnam, Eastern Europe and Latin America.

However, it is clear that it does not make sense for companies to set up IPO’s in each of these regions as the window of opportunity (when costs are competitive) is likely to be fairly short.




About Beroe Source

Beroe Source provides a virtual sourcing approach whereby you can use our local resources in the various LCC’s to execute your sourcing plans, thereby expanding your sourcing footprint, with no compromise on quality and control.

Beroe has sourcing, quality assurance and commercial resources on the ground, in all of the eight major low cost sourcing regions:

India

China

South East Asia (Hanoi, Vietnam)

Russia and ex-USSR (St. Petersburg, Russia)

Middle East (Istanbul, Turkey)

Eastern Europe (Bucharest, Romania)

Latin America (Rosario, Argentina and Sao Paulo, Brazil)

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