In today’s competitive market, effective sourcing is crucial for companies looking to maintain a robust supply chain. The traditional sourcing process involves selecting, securing, and managing suppliers, as well as ensuring efficient delivery models and creating solid contracts.
However, navigating these processes can be complex and fraught with risks, which is why our comprehensive solutions enhance sourcing activities, reduce risks, and improve overall effectiveness.
Adding value across the product lifecycle
ET2C stands out as a premier sourcing partner for retailers, wholesalers, and start-ups alike. Unlike traditional sourcing agents, ET2C offers a holistic approach that extends across the entire product lifecycle. Their service is built on four key pillars: spend analysis, supplier relationship management, contract management, and continuous improvement. This comprehensive framework ensures that every aspect of the sourcing process is optimised to deliver maximum value.
One of ET2C’s significant advantages is its ability to adapt to the evolving retail landscape. As technology drives changes in manufacturing, ET2C aligns its strategies to meet these new demands. For instance, their ET2C Eco-System integrates innovative services like sustainability, product design, and radical supply chain transparency. By collaborating with companies that specialise in specific supply chain elements, ET2C enhances its service offering, providing clients with cutting-edge solutions that address contemporary challenges such as environmental footprint, digitisation, and predictive forecasting.
Through this approach, ET2C not only helps businesses select and secure reliable suppliers but also supports them in managing these relationships over time, ensuring that contracts are optimally structured and continuously improved. This level of engagement significantly reduces the risks associated with sourcing, such as supplier reliability and cost inefficiencies, while simultaneously boosting the effectiveness of the supply chain.
Streamlining the flow of data and products
Once the sourcing strategy is in place, the challenge shifts to managing the logistics of getting products from the supplier to the final destination efficiently. This is where Global Forwarding excels. With a global footprint and advanced technology, Global Forwarding meticulously maps out every stage of the supply chain, from purchase order creation through to final delivery. This detailed mapping allows for the identification of potential issues and critical milestones, offering companies the opportunity to refine and optimise each stage of the process.
Global Forwarding’s approach is all-encompassing, covering vendor liaison, origin-added value, multi-modal global transport, and destination logistics. By refining each of these stages, Global Forwarding not only raises performance levels but also reduces costs and ensures that deadlines are met. This optimisation is crucial in maintaining the agility of the supply chain, particularly in a global market where delays can significantly impact a company’s bottom line.
Moreover, by leveraging advanced data analytics and predictive tools, Global Forwarding enhances visibility across the supply chain, allowing for better decision-making and risk management. This proactive approach ensures that companies can respond swiftly to any disruptions, thereby maintaining the smooth flow of goods from source to market.
Conclusion
In a world where supply chain efficiency can make or break a business, the combined expertise of ET2C and Global Forwarding offers a powerful solution. ET2C’s value-added services across the product lifecycle, coupled with Global Forwarding’s comprehensive logistics management, provide companies with the tools they need to excel in sourcing and supply chain management.
By partnering with ET2C and Global Forwarding, businesses can significantly reduce risks, optimise costs, and ensure that their products reach the market on time, all while adapting to the ever-changing demands of the global marketplace.
ET2C serves startups, medium to large retailers and wholesalers that are seeking quality-assured products and sourcing solutions from China, India, Vietnam and Turkey. EMAIL David Gilroy to discuss your sourcing and/or supply chain requirements and to learn more.
