Effective Global Sourcing Strategy

Project Description:

1. The project report is to owner of a company sort of start up project. It is not a university project, so keep the project brief
2. Need briefs, more pointers needed
3. It is like presenting in short brief to management on how start up with London base can be more effective by keeping global sourcing centralized along with design and marketing. As the business operates and generates money one can build up their offices in regions of sourcing.

POINTERS :

SOURCING STRATEGY
HOW TO MAKE IT THE BUSINESS MORE EFFECTIVE BY KEEPING LOW COST OF OPERATIONS TILL
BUSINESS GROWS THAT IT CAN MANAGE THE COST OF EXPANSION.

– THE SUCCESS TO ANY START UP IS TO KEEP THE OPERATIONAL COST LOW
– MORE EMPHASIS ON DESIGN AND COST-EFFECTIVE SOURCING
– CAPABILITIES OF HOW-TO BRING PRODUCT DESIGN TO THE AFFORDABLE PRICE POINT OF
CUSTOMERS
– CENTRALIZED OPERATIONS OF MERCHANDISING, SOPURCING AND DESIGN AT LONDON
– SATELLEITE OFFICE AND FTY’S REPROT ON DAY TO DAY BASIS TO LONDON MERCHANIDSIG
TEAM
– LONDON MERCHANDISING TEAM COMMUNICATES WITH CUSTOMER.
– BUSINESS DEVELOPMENT SHOULD BEAR THE COST OF OPERATIONS, HENCE AS THE BUSINESS PROGRESSES INFRATSRUCTURE CAN BE CREATED
AND EXPANDED TILL THEN SOURCING HAS TO BE MIXED UP WITH RELIABLE FACTORIES AND MIX UP WITH THE TRADERS.
– PRODUCT PLACEMENT IS AS PER THE STRENGTH OF THE COUNTRY.
– QUALITY CHECK TO BE DONE BY THIRD PARTY, THE COST OF INSPECTION TO BE INCLUDED IN
THE FOB PRICE OF FACTORY.