This program was transitioned from several brokers and trading companies to Buyers Bridge . It includes all of the items and supporting collateral for corporate promotional programs. Products include: apparel; corporate identity products; electronics; gifts; luggage; printed matter; sporting goods; and toys.
Buyers Bridge qualified Mainland China vendors, drafted specifications; procured samples, negotiated pricing and provided ongoing first article inspection and work-in-process (WIP) and final inspections services. In addition, we arrange for door-to-door freight services and logistical support.
Accomplishments:
- 71% reduction of the landed price for laminated four color product guides
- 85% reduction of the delivered price for imprinted nylon knapsacks
- 53% reduction in the landed cost of bundled MP3 accessories
- 81% overall cost reduction of the FOB price for the complete 2007 season buy of imprinted goods for a Major League sports team
- Elimination of all product returns and warranty claims
This program had been managed at arm's length by our client and utilized multiple vendors in Mainland China , Malaysia and Thailand . Whenever a new product was rolled out or there was a production problem, the client air lifted staff into the region in an effort to resolve problems.
Buyers Bridge consolidated manufacturing with two vendors in Mainland China , transferred the tooling, incorporated rigorous in-process inspection processes, and managed the entire supply chain through delivery to the multinational customer in China .
Accomplishments:
- Overall cost reduction of 22%
- Field returns reduced from 14% to less than 0.2%
- On-Time-Delivery (OTD) improved to 98%
This client was purchasing a wide range of Maintenance Repair and Overhaul (MRO) products, such as cutting tools, fasteners, motors and safety items from distributors, manufacturers' representatives and trading companies. The goods were used to support operations in eight locations in Canada .
Buyers Bridge analyzed their annual buy and determined that large cost savings were possible by establishing a direct relationship with manufacturers in Greater China. We translated their specifications into Chinese and placed requests for quotations (RFQs) with pre-qualified vendors in China .
Accomplishments:
- Secured cost reductions ranging from 39% to 89% by product class
- Reduced the number of vendors from 20+ to 5
- Consolidated shipments in our Suzhou warehouse to allow for low cost container shipments
- Allowed the redeployment of Canadian purchasing staff to product management roles
This client was purchasing low volumes of castings, formed sheet metal machine parts and control panel components from a large number of international suppliers. The components were incorporated into finished products in-house. They determined that market conditions required that they concentrate on their core competency, design, and outsource procurement and some assembly.
Buyers Bridge reviewed their annual demands and designed a program to match our client with vendors that are well suited for low and mid volume production.
Accomplishments:
- Landed cost reduction for machined parts ranging from 47% to 71%
- Turnkey control panel manufacturing that converted a 1400 item bill of materials (BOM) to one item and reduced costs 42%
- 39% reduction in the cost of aluminum and steel castings
- Lead time reduction of eight weeks as a result of a stocking program in Shanghai
