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GLOBAL SOURCING

Supplier Development Abroad

Increasing profits, as with the expansion of any business, is deeply connected with the end-to-end procurement processes of the supply chain. Route Company offers exactly that, procurement solutions from the development of new suppliers to the delivery of the product to the customer's final address/destination, exclusively.

Global sourcing is a business strategy that involves searching, evaluating, and acquiring goods and services on a global scale. Instead of limiting purchases to local or regional suppliers, companies turn to suppliers in different parts of the world to obtain high-quality products at competitive costs.

Main benefits:

1. Cost Reduction: access to markets with cheaper labor in other countries, reducing internal acquisition costs;

5. Economies of Scale: Large-scale production can result in lower costs and greater efficiency.

2. Variety of markets and suppliers: Having access to a diverse network of suppliers helps ensure continuity of supply and avoid risks associated with unified dependencies;

6. Risk Diversification: By diversifying the source of supply, companies can mitigate risks associated with local, political or natural crises.

3. Innovation and Quality: Companies can seek cutting-edge products and technologies, improving the quality and innovation of their products.

4. Flexibility and Agility: The ability to adapt quickly to changes in demand or market conditions is increased with a global portfolio of suppliers.

7. Improved Competitiveness: Companies that use global sourcing have a competitive advantage over competitors, as they offer lower prices and/or higher quality and innovative products.
These benefits make global sourcing an attractive strategy for companies committed to expanding their operations and improving their bottom line.
Challenges solved by Route Company:
• Logistical complexity and high international transport costs;
• Cultural and communication issues, such as language barriers and time zones.
• Regulatory issues and legal differences between countries.

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Our method:

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