The search for flexibility, agility and performance has pushed manufacturing companies to outsource an increasingly important part of their production.
Outsourcing rates of 70% to 80% of production costs are no longer rare. In line of this trend, it is easy to understand why sourcing, which consists, among other things, in identifying and consulting the right external partners via a RFQ(Request For Quotation) is an essensial dimension for the success of its projects!
Today, we speak of an ecosystem, an enlarged company, and the management of external resources to evoke this new dynamic, which, although a company's compatitiveness is interdependent on its suppliers' choices. Choosing the best partners adapted to your needs is therefore a key step.
In the field of industrial production, sourcing consists in finding suppliers who meet the challenges of Cost/Quality/Delais often encountered in most sectors.
Concerning the so-called “direct” Purchases thus entering directly into the manufactured product, before being able to supply a part, an assembly or a product on the shelf (type engine, sensor, etc.) still it is necessary to have a purchase price. One of the most effective ways to obtain prices and compare them within a specific time frame of a project is to consult several sources in parallel. The practice of Request For Quotation (RFQ) is now known and natural in this many industrial setters. It seems that, depending on the maturity of the sector, this practice is more or less equipped and systematic.
Sourcing is a sourcing process that can best meet the needs of the client in terms of Quality, Cost, Time, Performance. To this traditional QCDP is added more and more the dimension of co-development and innovation.
Will be named Strategic Sourcing the process to create sustainable competitive advantages.