PROCUREMENT SERVICES
Strategic Sourcing
Our professionals have a strong background in strategic sourcing in all types of supply environments, including nearly monopolistic supply bases. Our sourcing programs focus on first identifying the best manner to approach each product category, whether that be a simple price based RFP, outsourcing the manufacturing to a low-cost country, or development of a long-term relationship with a partner-supplier. Our sourcing engagements focus not only on optimizing the supply, but also in mitigating the risks associated with the supply base, including agreement development, hedging in raw materials and currencies, etc.
Low-Cost Country Sourcing
Union Partners’ Chinese affiliate has operations in mainland China that is focused on developing manufacturing relationships for our clients in and around China and other low production cost countries (including India, Vietnam, Thailand, Philipines and others). Savings typically in the 15 – 20% range. Services Include:
- Supplier selection due diligence
- Product design assistance
- Product safety and efficacy verification (initial and ongoing)
- Pre-export order check
- Logistics management, rate negotiation
- Flexible spending and cash flow management
Union Partners also has experience in other foreign sourcing engagements, including Latin America.
Group Purchasing Organization
CoVest Sourcing Network (CSN) is a group purchasing organization run by CoVest Services, a subsidiary of Union Partners. CSN aggregates the indirect spend of multiple companies and drives savings based upon the volume that the group represents on things like office supplies, office equipment, temporary labor, safety supplies, flowers and gifts, and 25+ other categories.
Please download this presentation for an expanded view of our strategic sourcing capabilities.