E-NEWSLETTER | Global Sourcing

October 2023

At the risk of sounding like the proverbial pushy sales guy, I want to say that there has never been a better time to explore Global Sourcing. As the world gets, shall we say, more confusing to say the least. People, your customers, your companies, your competitors are all looking for better Global sources. Here at ASC, we are hard at work looking for the right partner companies all over the world. We are talking to people in Vietnam, Thailand, Malaysia, Korea, Japan, and India. In fact, we have turned our sights on South America lately. If there is a better global sourcing value to be found, we aim to find it.

Of course, we are still relying on China as we always have, but to be honest people are a little scared of China and their potential prey Taiwan. I have to admit here, that as someone who has dealt with companies in these two countries for decades, I am not that concerned about what I consider saber rattling from our mutual governments. I have been to China many times over the years, as recently as three months ago and I found the people and the companies I work with to be the same. Yes their business is down and certainly they like us to feel with some trepidation the effects the of our two counties hurling verbal rocks at one another. But as far as I am concerned business is personal, it is person to person and will continue to be so no matter what.

Although we should consider doing business with China and Taiwan as we always have, I do welcome the opportunity to open up trade with all those countries as well. They all have something unique to offer including products beyond basic PCB and PCBA products. From Transformers, to molding, from batteries to membranes I can assure you that exploring global sources, we can find an even better value than what you have today.

Don’t believe me? Give me a try, I can guarantee that by using ASC Global Sourcing you will get a better deal, a better value and yes you will save money. Try it…you’ll like it.

Custom Concierge Global Sourcing:

Going beyond the list!

No matter what your needs we can meet them. We now offer specialized customer concierge global sourcing that goes far beyond the list of our usual products.

Here are some of the products we have been special sourcing lately:

• Sculptures/ Figurines that are used in gaming.
• LED Panel Lights/ (semi-custom) that are used in automotive repair shops.
• Magnets
• Markers/ private labeled/ used by car dealerships, used/new cars.

What are your special needs? Call me today and let’s find out what we can do for you.

Case Study:

Nearly $100K in savings by using ASC Global Sourcing

Here's another great example of how ASC Global Sourcing is there for our customers.

ASC Global Sourcing Division Case Study Number 72

Our customer was so impressed with the saving we offered on a transformer that we had quoted and supplied qualified samples for, that he wanted us to quote other products in the same category. In this case magnetics to see if they could see if we could come through for him again.

And we did, to the tune of $96,000.00!

Here is the hard data:

Product type: Magnetic Coils

Industry: Industrial

Estimated Annual Usage: 95,000

Current Domestic Price: $4.55

Low-Cost Country Pricing (includes freight)

India Supplier: $3.54

Savings: $96,000 or 22%

Of course, a big savings always gets the attention of ownership / management and in this case the comment was made to the procurement organization that they should develop a list of other custom products that are being bought domestically to see how much can be saved by using ASC Global Sourcing Services which is how the coil opportunity came to be. It gains even more momentum when the product being supplied arrives on time and is of the quality they were expecting and meets their technical requirements. Everyone takes notice as it seems too good to be true having purchased from the incumbent for so many years knowing how much savings went out the window during that period.

Now to be honest, we cannot expect to win everything we quote for a customer, but it doesn't hurt to find out if a savings is available or not by just being open-minded and now complacent with existing suppliers.

As the saying goes, you'll never know if you can save money or not if the effort isn't made to send out a quote. Outside of the time it takes to pull the data together and determine an annual usage it is a worthwhile effort. Try it... you are sure to like it.