In an increasingly competitive global economy, Low Cost Country Sourcing (LCCS) is key to a winning strategy to every business. We are sourced with lower labor and production costs to help cut operating expenses. LCCS comes under a broad category of procurement efforts called global sourcing.
Whether or not your procurement team has experience in low-cost country sourcing (LCCS), TEC can help you achieve more value more rapidly. In fact, on average, TEC delivers incremental savings of 23 to 32 % when sourcing from low-cost country sources, instead of domestic suppliers.
we suggest cost savings through smarter procurement, reduced overheads, optimized supply chain processes and minimized risks. We are dedicated to ensuring that all supplies, materials, equipment and services are procured at the lowest possible cost using qualified vendors. We provide the best procurement solutions to the clients, based on Project time, Project cost and final product manufacturing or assembly locations.
Our Procurement Service Includes
- Part specification or Design review
- DFM /DFA analysis and proposals
- Manufacturing method finalization
- Select the suitable geographical location
- Sourcing with best possible lowest cost
- FAI submission with all relevant documents
- Maintain High Quality Standards
- On time delivery
- Suppler Performance Management (KPI)
- Routine Cost reduction analysis and proposals
Innovation to find cost saving opportunity
We are pioneered and refined a smart approach for sourcing strategy and cost spending management. Our Routine Cost saving analysis and proposals, includes:
- Spend Consolidation
- Demand Management
- Product Rationalization
- Value Improvement
- Should-Cost Analysis
- Operational Cost Reduction
- Continuous Improvement
- Low-Cost Country Sourcing
We support to our customers for part analysis like material, manufacturing method, secondary process, sub-assemblies, and best packaging methods to reduce the overall product cost. Our approved global strategic partners and suppliers in these industries are located in the geographical locations such as Singapore, Malaysia, China, India, Taiwan and United states.
All our factories are ISO 9001 certified and serving to multinational companies globally. TEC suppliers deliver the material with RoHS and REACH compliances to meet international standards.