6 Tips for Efficient Sourcing from the Baltics & CEE

By Export Market Research

Sourcing THAT WAS EASY!

1 Develop StrategyDevelop an overall strategy - what needs to be outsourced, in what volumes and why. Estimate your cost benefits and potential risks

2 Identify Potential SuppliersIdentify best-fit potential partners, find out who is the right person to contact and their direct contact details and distribute RFPs

3 Evaluate Proposals & PartnersEvaluate the proposals and the potential partners themselves. Make sure your partner’s proposals are comparable and easy for you to analyse (create an Excel table e.g. a cost breakdown table for all of your partners to complete based on your requirements)

4 Test your partner

Make a small pilot order/s to test your partner’s ability to meet your quality, schedule, cost and other requirements

5 DiversifyDiversify partners network for more flexibility and lower risks. For example, for securing large sourcing volumes two or more partner companies can be used

6 Get HelpIf necessary, use professional advice and assistance of local consultants who can organise and manage the sourcing for you

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