20 Mar Welcome to Specialised Sourcing’s Blog
Hello and welcome to Specialised Sourcing’s new blog. It’s through this facility that we intend to regularly offer insight, tips and general commentary aimed at assisting clients battle the never ending war on “bottom line” profitability. Our experience has shown that it doesn’t matter how big or mature your company is, there’s always opportunities to improve the balance between income verse expenses. In our experience, this is not unique to an industry nor is any business immune from the need for continual introspective review and improvement – not even us.
At Specialised Sourcing, our team is solely focussed on providing clients with genuine and practical alternatives to lowering costs across a broad spectrum of cost centres including engineered products and general operational consumables. It’s always interesting to note that simply reducing your buy cost of an item is not always the best (or only) way of lowering its life cycle cost and often more can be achieved by focussing on a products material suitability for the given application or even the efficiency of its related manufacturing process. This is where having our own in-house design, engineering and manufacturing capabilities really begins to shine.
Ultimately it’s all about teaming up with you to make business less stressful and more profitable so over the coming weeks we will be endeavouring to cover a range of topics including the risks and benefits of global sourcing, the value of adopting a lateral thinking approach in relation to the cost and use of consumables in your business, the potential pitfalls of developing and protecting intellectual property (IP) in a global market place and a whole lot more, so why not join us and together, lets enjoy the ride….