Sourcing

Supply Chain Risks

Limited Shipping volume due to       COVID-19

Logistics Constraints and higher cost

Limited Sourcing activities

Lean Compass Value

Due Diligence verification

Capability & Capacity audit verification

First Article Inspection

Product Technical Review & Development

Deliverables & Value

Lower cost, no need to travel and quarantine

Leverage Supplier network in India, Indonesia, Vietnam, Malaysia…

Supply Chain Map

Global Supply Chain crisis reaches critical levels due to the recent COVID-19 pandemic lockdowns and War in Ukraine causing:

  • Find new routes to avoid not just the war zone but the broad suite of sanctions hitting Russian goods
  • Some companies are proactively rejecting Russian goods transported via railway in anticipation of future sanctions or added reputational risk
  • More goods are getting re-routed via sea, which is adding to the already high congestion at some of the world’s biggest ports in China and Hong Kong
  • Recent pandemic outbreak in China, introduced strict controls and begun mass testing workers and drivers at ports like Shenzhen, Shanghai and Ningbo, as well as at Factories throughout China
  • Protectionism and self-reliance stepped in over the last few years, replacing free trade agreements and economic liberalization

The eastern Europe war further momentum toward Supply Chain Diversification of production and supply networks away from pure cost minimization and toward resilience and risk tolerance, prompted businesses to start diversifying supplier locations, increasing inventories, and bringing production closer to final markets to maximize reliability as shifting to Just-in-Case (JIC) inventories from Just-in-Time (JIT).

Global Supply Chain crisis (US-CHINA Trade War + COVID-10 Pandemic + RUSSIA & UKRAINE War) > Trade Regionalization >  JIC Inventories from JIT > Supply Chain Diversification  

Lean Compass - Sourcing Leverage

Due to our on-the-ground services and expertise on Supply Chain Compliance Audits – Quality, Social & Supply Chain Security and Quality & Productivity Improvement (Lean & 6 Sigma), you can leverage on LEAN COMPASS resources and expertise to enable speed + quality Sourcing focusing on quick Supply Chain Compliance execution at competitive pricing via the below on-sites services: 

  • Factory Identification & Pre-Selection
  • Product Requirements Review – Quality, Cost + Preparedness
  • Product Regulatory Compliance
  • Packaging Development
  • Factory Pre-Audit (Quality, Social & Supply Chain Security) & Corrective Actions
  • Product Technical Review
  • First Article Inspection
  • DUPRO or Inline Inspection
  • Pre-Shipment Inspection
  • Container Loading Inspection
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