We don’t need a Sourcing Company.

When a client thinks this and decline the offer.

Let’s start from basic points, as follows:

• Are you responsible for sourcing Metal and Plastic Parts for your company?
  • Such as Castings, Forgings, Sheet metal, Machined Parts, Injection Molded parts?
• Do you have objectives of Cost Reduction, New product Development and Risk Mitigation?

If yes, then India is place of opportunity for you and APOGEE is your best partner for this.

• Do you think you don’t need a sourcing company as you have a Purchasing team? Or
• You can go to internet and find suppliers for you?

Well, to explain let’s take example of 2 insights about Iron Foundries in India.

Point No 1:

There are about 5000 factories in India in to Foundry process. Out of these 5000, 90% are MSME, i.e. Micro, Small and Medium Enterprises.

Because of their low overheads, they can offer cost advantages over other large companies.

We select the capable factories from Indian MSME.

• It will be of interest to you that some big brands are already buying from Indian MSME factories.
• These MSME factories may not appear in your internet search but we find them for you.

Point No 2:

Iron Foundries in India are organized into clusters. Major clusters are spread across India (Shown below).

Each cluster is known to cater to a specific segment of end use.

For example, to buy Ductile iron castings for Pump and Valves, it is advisable to go to Coimbatore in South of India.

A new buyer may end up in wasting time in sending RFQ to wrong factories. This information may prove very beneficial to a new buyer looking to source form India.

Now, as a Sourcing company:

• We bring insights like these.
• We are located in India.
• and We have knowledge of Indian business culture.

All put together we become a powerhouse of value for overseas clients and save them from all associated risks while sourcing from India (India Sourcing).

For more information, please log on to www.apogeesourcing.com or email us at info@apogeesourcing.com for free initial assessment of your requirement.

Refer: Case Study