Service used: Sourcing Services
Company: Hardware products manufacturer/wholesaler Our fee: $10,000
The company was facing very significant market pressure on their price. While a major player in Southern California the company needs to reduce products costs to increase market share and bottom line. Prior to working with China Smart Sourcing, the company met a potential Chinese supplier at a trade show . The company went to this Chinese manufacturer directly, but found in impossible difficult to communicate a supplier half way around the world.
The chairman was determined to implement a China strategy and choose China Smart Sourcing to develop a simple, turnkey overseas manufacturing solution.
Within 30 days, China Smart Sourcing identified a supplier that reduced the cost of one product by 60% and another 80%. In addition China Smart Sourcing in cooperation with the newly identified supplier redesigned the packaging to reduce freight cost by 50%. |