Risk Mitigation Through Supplier Diversification
Our Client, who is a 3rd generation small business in the equipment manufacturing industry, had been sourcing a vital plastic component from a foreign supplier for several years. However, the disruptions caused by the pandemic exposed vulnerabilities in their supply chain. Recognizing the importance of having a redundant supply base and reducing the risk of major disruptions, the client reached out to Ena Source for help.
In just 24 hours, Ena Source successfully developed a solution for this plastic component via one of our domestic manufacturing partners. Although the pricing was slightly higher compared to the foreign supplier, the client recognized the importance of having a reliable and redundant supply base within their own country. Our domestic manufacturing partner not only provided exceptional quality components but also ensured reliable and timely delivery. This allowed our client to have peace of mind, knowing that they had reduced their supply chain risks and were better prepared to handle any unforeseen disruptions in the future.
Cost Savings With Strategic Sourcing
Our client, who is a well-established small business in the construction industry, had been purchasing a custom metal product for over 20 years. Despite their long-standing relationship with their supplier, they were facing the challenge of increasing costs year after year that they could not continue to pass on to their end customers. Our client decided enough is enough, it is time to control these cost. The client reached out to Ena Source to help provide a solution.
Within 48 hours, Ena Source was able to develop a solution for this product with a remarkable 20% reduction in the cost and no compromise to delivery or quality. The customer proceeded by purchasing the product through Ena Source where we act as their supplier and stocking partner to ensure that the customer always has product when they need it.
End-To-End Supply Chain Management
Our client, who is a start-up company selling a product for cycling, had been sourcing their product from a domestic supplier. As they anticipated a surge in sales, they recognized the need to establish a more cost-effective and reliable supply chain to accommodate their growing demand. They approached Ena Source for expert assistance in creating a strategic sourcing plan, developing a robust supply chain, and navigating the complex process of importing their product.
To start, Ena Source conducted a detailed analysis of our client's current supply chain to identify any inefficiencies or opportunities for improvement. Leveraging our expertise, we developed a strategic sourcing plan that served as a roadmap, guiding this new business towards a stronger and more efficient supply chain.
Drawing upon our extensive network of vetted manufacturers, we found a trusted foreign manufacturer for our client's product. Our rigorous supplier vetting process ensured that the selected manufacturer adhered to the highest quality standards and possessed the necessary production capacity to meet the client's growing demand all while reducing the clients cost by nearly 50%.
As the client was unfamiliar with the import process, Ena Source provided comprehensive guidance and support. We assisted them with navigating import regulations, customs documentation, and logistics, ensuring a seamless importation of their product.