Procurement Consulting
In an increasingly competitive market, the tendency to purely rely on local or national sourcing is proving to be futile for companies. The emergence of low-cost manufacturing clusters in India, China, and Eastern Europe is making companies develop a global sourcing strategy to gain a competitive edge. By adopting a global perspective, companies are benefiting from competitive pricing, market efficiencies, and thereby increasing their revenues and profits.
Brickwork India’s Procurement Services team offers end-to-end solutions to help you conceptualize a product, build a prototype, develop manufacturing or sourcing options, and create and execute a supply chain strategy.
Strategic Sourcing Analysis
Are you at the initial stages of considering the viability of a new supplier or manufacturer for an existing product or one to be produced? Brickwork will help you through this confusing stage with strategic sourcing analysis by researching the feasibility of sourcing and provide you with general cost estimates to accomplish your requirements.
Whether you are envisioning a new product venture or wish to unearth the strengths and weaknesses of your existing product, Brickwork helps you analyze your prospects for success with detailed studies on the economic, legal and operational feasibilities.
Identifying the right suppliers is often what makes or breaks your business. With in-depth knowledge of the regional and industry specific requirements, Brickwork’s due diligence ensures that you pick out the most suitable supplier from even the most fragmented segments.
Analyzing the threats and the opportunities are the key elements for successful planning and development of your business process. Brickwork’s comprehensive SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis guarantees to provide the formulae for success.
Benefits and costs of a project are systematically calculated and compared to determine your investment feasibility.
Supplier Evaluation
If the sourcing requirements are found to be feasible for your product, we move on to evaluate the supplier’s capability to supply based on your specifications and budget.
Detailed survey questionnaires compiled as a result of numerous supplier interactions over the years; these requests of a prospective supplier by Brickwork help you gauge the supplier’s capability.
Our team provides you a detailed tabulation and analysis of the bids placed by prospective suppliers, making it effortless for you to study the market, competitors and the price.
Brickwork will perform an organizational and competency assessment of the suppliers to present for you the supplier’s capacity to deliver on your requirement.
A comprehensive score card developed by performing an objective pricing vs. capability analysis of the vendors; which means that you can readily decide on the best vendors.
Supplier Due Diligence
Once the suppliers are shortlisted, we evaluate the credibility of the suppliers to see if they have the infrastructure, know-how, certifications, and policies in place to supply as per their proposal.
A prospective supplier has to have the necessary licenses and be in compliance with the required regulations to be a credible option. Brickwork’s analysts have the technical background and the industry awareness to assess a supplier’s compliance.
What measures does the prospective supplier have in place to ensure your product idea, specifications or production processes, your intellectual property essentially, are protected and not illegally siphoned? Our analysts will verify the business and production processes of the supplier to ensure they provide the utmost protection for your intellectual assets.
A supplier who is good on paper might not necessary be as good when the production starts. We counter this risk by conducting a thorough assessment of the supplier to understand any factors that might jeopardize the supplier’s ability to deliver upon the requirement.
Supplier Selection
With the technical evaluation complete, you have decided you want to forge a business relationship with the supplier. We formalize the relationship by negotiating and executing the contracts. With the legal paper work in place the supplier is on-boarded and the procurement commences.
The terms of any deal should be preserved in a contract; this compels the supplier to deliver upon the promises. Our industry expertise helps us negotiate and put in place the optimum agreement in place between you and the supplier with strict liabilities for non-performance.
Brickwork will carry out the production of a sample with the supplier once we have the detailed drawings and specifications for the product. This includes the co-ordination for a process method, sample and final approval of the design for bulk manufacturing.
An objective dashboard will be created by Brickwork consisting of suppliers’ pricing, delivery and other key data for a detailed comparison.
Who is the best supplier, do you choose based on price quoted, capability, production processes or their compliance history. Brickwork can recommend a supplier who matches your business and financial requirements based on an assessment of factors relevant to the particular product category and industry.
Supplier Management
Brickwork will regularly monitor the supply process and inspect the quality to ensure that the agreed standards of quality and delivery are being adhered to.
Once a supplier relationship is in place, the Brickwork team can take care of the tasks such as purchase order management, delivery tracking and payments processing with one or multiple suppliers.
Is the supplier abiding by the factors evaluated during the due-diligence phase? Brickwork will monitor and report on the performance of the suppliers to ensure they comply with the agreed upon obligations.
It is imperative that quality inspection be conducted on the production process and the end product before it is shipped out to your customer. Brickwork will schedule quality inspection visits at supplier sites to eliminate the number of defects in the product before it is shipped out to you or your customers.
The documentation needed from production to shipment can be numerous and thorough tracking of these is critical to timely deliveries. We track and document packing lists, quality certifications, shipping and airway bills on your behalf so there is no delay in the system.
Regulatory Compliance
To get your product to the market place, government clearances such as import/export, customs, tax, etc. need to be anticipated and cleared to avoid pitfalls. Brickwork will help you take care of these requirements to ensure that there is no interruption in the supply chain process.
We will identify and interact with the necessary licensing authorities to ensure your product has the necessary permissions be produced and sold.
The needed contracts between you and the supplier, partners and clients can be managed by our team. Our goal is the ensure your product’s success is protected throughout.
