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PROCUREMENT OUTSOURCING

What is Procurement Outsourcing?

As its name suggests, procurement outsourcing is the action of hiring a 3rd party to manage and outsource
materials for manufacturing. This allows a company to take advantage of the 3rd party’s resources and network to
bring about an extensive list of items. Here are the steps we take when you engage with our procurement services.

PROCUREMENT PROCESS

Component

COMPONENT
DESIGN

Presented
by client

FeedBack

FEEDBACK
LOOP

Between SBN &
Client on Price
Level, Compliance
Requirements

Supplier

SUPPLIER
SELECTION

Supplier Selection
And Sompliance
Auditing

Sampling

SAMPLING

Confirmation &
Product testing

Order

ORDER
CONFIRMATION

Leading to
final execution

IN-HOUSE OR OUTSOURCE PROCUREMENT?

The infinite forms of furniture mean that sourcing the correct components – from tiny screws to large blocks of
wood – along with a dedicated manufacturing facility, is a crucial piece of the puzzle. Sounds simple on the
surface, until companies realise the complexity and vast number of factories scattered worldwide. For the
fortunate few with in-house teams to overcome this barrier, procurement becomes a competitive advantage. For
others, typically small to mid-size firms who lack the resources to develop procurement as a core competency,
they can look to outsource their procurement. Besides the time savings to train one’s staff, the 3rd party
outsourcer can pass down the reduced cost per transaction due to economies of scale, thus benefitting all
stakeholders.

WHY SBN

Leveraging our 20 years of on-the-ground knowledge in China, SE Asia, Brazil & Europe to simplify
communication and travel, de-risk client sourcing, enabling clients to focus on front-end operations..

Join Our Newsletter
Subscribe our newsletter to receive the latest news and exclusive offers every week. No spam.

GET IN TOUCH!

Questions about our business or our services?*

Please Select below >

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PROCUREMENT OUTSOURCING

What is Procurement Outsourcing?

As its name suggests, procurement outsourcing is the action of hiring a 3rd party to manage and outsource
materials for manufacturing. This allows a company to take advantage of the 3rd party’s resources and network to
bring about an extensive list of items. Here are the steps we take when you engage with our procurement services.

PROCUREMENT PROCESS

Component

COMPONENT
DESIGN

Presented
by client

FeedBack

FEEDBACK
LOOP

Between SBN &
Client on Price
Level, Compliance
Requirements

Supplier

SUPPLIER
SELECTION

Supplier Selection
And Sompliance
Auditing

Sampling

SAMPLING

Confirmation &
Product testing

Order

ORDER
CONFIRMATION

Leading to
final execution

IN-HOUSE OR OUTSOURCE PROCUREMENT?

The infinite forms of furniture mean that sourcing the correct components – from tiny screws to large blocks of
wood – along with a dedicated manufacturing facility, is a crucial piece of the puzzle. Sounds simple on the
surface, until companies realise the complexity and vast number of factories scattered worldwide. For the
fortunate few with in-house teams to overcome this barrier, procurement becomes a competitive advantage. For
others, typically small to mid-size firms who lack the resources to develop procurement as a core competency,
they can look to outsource their procurement. Besides the time savings to train one’s staff, the 3rd party
outsourcer can pass down the reduced cost per transaction due to economies of scale, thus benefitting all
stakeholders.

WHY SBN

Leveraging our 20 years of on-the-ground knowledge in China, SE Asia, Brazil & Europe to simplify
communication and travel, de-risk client sourcing, enabling clients to focus on front-end operations..

Join Our Newsletter
Subscribe our newsletter to receive the latest news and exclusive offers every week. No spam.

GET IN TOUCH!

Questions about our business or our services?*

Please Select below >

Leave this field blank
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