We have come to learn that not all things are equal in outsourcing. At one time outsourcing was a way to eliminate routine, low skill, business functions. There is another side of outsourcing that is often overlooked and which can be a great tool for the growth and efficiency of business. Procurement outsourcing has earned its place as a key advantage for high-end, technical business applications.
Procurement outsourcing is a resource that makes use of specialists with skills, assets, and expertise that are specific to your industries needs. In high tech industries it is imperative that the person procuring components has background in your industry. This kind of expertise allows a fluid transition from concept to creation, allowing you to focus on the core competencies of your business. Your procurement specialist has the contacts, expertise, and buying leverage to see your project to completion on time and on budget.
Outsourcing through a specialist in the electronics industry means that the risks associated with product procurement and unexpected costs resulting from misorders and the resulting downtime are minimized.
Today’s businesses rely on continual improvement to products and processes. This same rule should be considered when selecting a company to fill your procurement needs. Here is a list of questions to ask when selecting a company to represent your purchasing and procurement needs:
- 1. Do they have a reputation of outstanding customer satisfaction?
- 2. Do they have a measurable plan for continuous improvement in efficiency and productivity?
- 3. Do they have the certifications necessary to meet the standards of your industry?
- 4. Do they have staff with knowledge in electronic components that will allow them to maximize the benefits to your company?
If you are interested in continuing this conversation regarding the benefits of procurement outsourcing please contact us. California Integration Coordinators, Inc. is an ISO 9001 certified company specializing in PCB and PCB related sourcing, kitting and procurement for over 25 years. www.cic-inc.com