Our Sourcing Company
Our sourcing company can help you identify multiple sources to meet your requirements, manage the process of ensuring quality supply, diversify risk amongst factories when problems inevitably arise and work with suppliers. The transportation sourcing capability of Trade Sync Logistics LLC allows you to optimize your rate management processes by providing a single application that integrates bid-to plan-to-payment needs and provides rate maintenance capabilities.
With extensive experience as a sourcing company, we have built a huge catalog of suppliers across the globe who are certified and approved by our sourcing department.
Selecting the wrong supplier can have disastrous consequences, especially when it comes to the area of logistics. The goal of our sourcing services is to help you in the whole process of your international trade operations.
Our sourcing department is here to support you on every stage you can find during the procurement: we find the right supplier, make sure products are compliant, proceed with quality control. We use our vast experience of sourcing and contract management expertise to secure a strong negotiating position with suppliers – whether it’s as an advisor or by making the data available to our specialist procurement outsourcing partner meaning we always deliver a competitive, cost-effective sourcing strategy for your business.
Sourcing Services Portfolio includes:
Suppliers Research
We will immediately determine if suppliers match your conditions in terms of:
- Price per reference.
- Certifications and norms regarding your market
- Personalization of your products
- Respect for any intellectual property of your project.
- Diverse client needs.
- Additional subjective examination of the supplier.
Audit And Standards
Our certified legal expert will check all certificates presented by your supplier (CE, ROHS, EEC, EN71 …) to make sure it complies well with the authority.
Negotiation
The 2nd stage achieved, it’s now the moment to negotiate with the supplier on several details. We are well experienced in this domain. In this step, we will deal with the suppliers on the 4 following items:
- Pricing.
- Guarantee.
- Terms of payment.
- Delay and capacity of the production.
Order A Sample
Once the above conditions are fulfilled, we can decide on the final supplier according to your requirements and further follow up with an all-inclusive quote and reply to any interrogations from your side.
Payment Of The Supplier
Payment to the supplier takes place after confirmation of the quote through us and according to the contractual terms negotiated with the supplier. In general, we obtain from them a deposit of 30% before production, then the remaining payment (70%) after optional quality control and before sending the goods.
Logistics Network And Cash Flow Management
- Purchase & contact management on a repeated and durable partnership with the factory(s).
- Production of a temporary purchase schedule considering the capacity of the factory, peak season, and transit times according to seasonality.
- Optimization of terms of payment in order to improve the cash flow of your company.
- Benchmark of the market.
Trade Sync Assist
We Provide one SPOC (single point of contact) for desired Product who will assist you from beginning to end.