Industrial Supply Chain Management and Outsourcing
Since 1988, Source International has provided product supply chain solutions for various market segments, leveraging our volume and scale for on-time delivery of competitively-priced, high-quality products.
As one of the largest supply chain management companies in North America, we offer manufacturing outsourcing with product life cycle management and supply chain programs. Our USA headquarters are in Louisville, Kentucky with operational offices in Xiamen China, and Ho Chi Minh Vietnam.
Benefits of Outsourcing Your Supply Chain
1. Strategic Advantage
Partnering with a supply chain service provider offers many strategic advantages for developing a more resilient supply chain. Businesses can gain valuable insights from experts who specialize in supply chain management, helping them:
- Stay on top of current trends
- Proactively adjust strategies
- Gain a competitive edge
2. Risk Monitoring and Mitigation
Service providers must implement a proactive approach, including ongoing risk monitoring and mitigation, to help businesses prepare for potential disruptions.
3. Streamlined Operations
Outsourcing allows businesses to leverage advanced supply chain tools and technologies to accelerate digital transformation. Automation of the following routine tasks can help companies adjust strategies and make well-informed decisions:
- Accounts Payable
- Contract Management
- Inventory Management
- Invoice Processing
- Supplier Performance Management
- Warehouse Management
4. Accurate Demand Forecasting
Supply chain outsourcing provides businesses with advanced tools and analytics to identify changes in demand, allowing them to plan accordingly. Teams can use these helpful tools to look at current market trends, historical data, and other pertinent parameters to accurately predict demand.
Factors to Consider When Outsourcing
It is essential to find and maintain a good offshore manufacturing partnership that can provide successful supply chain management. The following should be considered when outsourcing:
- Access to high-end resources and technology
- Defining needs (weaknesses and concerns with moving products) and related costs
- Talent and industry expertise
- Infrastructure in place
- Tracking and quality control processes
As a leading offshore manufacturer, Source International provides customers with the following outsourcing advantages:
- Strategic Locations. We maintain a full-time office in the United States with strategic representatives throughout the country. This allows customers to effectively communicate with staff on the ground and promotes close collaboration between departments.
- Lasting Relationships. We have built close relationships with our factory partners and implemented cultural adaptations to understand their needs and translate value directly.
- Agile Tracking Systems. We provide our customers with agile tracking systems that greatly enhance supply chain management processes.
- Quality Assurance. The development team provides an updated product schedule to clients that includes all essential activities and milestones for feedback from development. A single Tech Pack contains detailed information for examining, presenting, and implementing changes. Our comprehensive quality assurance process contributes to a defect rate as low as .05%.
Industrial Supply Chain Management and Outsourcing at Source International
In a typical year, Source International’s supply chain and product life cycle management programs produce the following:
- Develop and release over 500 new products for production
- Manage over 6,000 SKUs
- Conduct over 15,000 in-factory inspections
- Ship over 22 million units
- Effectively utilize over 70,000 metric tons of steel, tens of thousands of meters of textile fabrics, and 10,000 metric tons of plastic resin
Our cloud-based Source Information System (SIS) utilizes a private, secure portal to eliminate gaps in the product concept to the delivery process, providing real-time, end-to-end visibility on the status of supply chain activities.
Contact Source International For Your Supply Chain Management Needs
Since 1988, Source International has managed billions of dollars in shipments, achieving industry-leading metrics for on-time delivery. We have built a dedicated network of contract manufacturing facilities capable of handling a broad range of industrial products, materials, industries, and manufacturing processes.
Contact us today to learn more about Source International and how we can help with your supply chain management needs.
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