E-NEWSLETTER | Global Sourcing

January 2024

No, Global sourcing does not always mean buying from China. In fact, at ASC Global Sourcing, we have been proactively looking for and qualifying sources in other countries beyond China. As we speak we are traveling the globe finding, visiting, surveying, trying an ultimately qualifying suppliers in countries like Thailand, Singapore, Japan, India, and Vietnam with the goal of continuous searching for the best overall value for our customers.



The case study below is a perfect example of one of the solutions we have found in our search for suppliers beyond China. In this case Vietnam which is one of the fastest growing links in the global souring chain. Check it out and see what we are talking about and most importantly what we can do to meet your global sourcing needs as well.

Sincerely,

Bob Duke

President

ASC Global Sourcing

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:

China or Vietnam, you decide

A savings of $26K in savings or 15% by using ASC Global Sourcing

ASC Global Sourcing Division Case Study Number 124

Our customer was interested to know what the difference would be on a printed circuit board assembly they had quoted themselves in China vs a quote from an ASC approved supplier. While ASC has numerous domestic supplier partners to make a difference it was obvious in order to be competitive, we needed to quote a partner in Vietnam. To be clear this opportunity was based on three separate PCB Assemblies. The customer requested a turnkey quote which would include not only supplying the assembly but also the material (no substitutes), programming and testing in addition to the applicable duties, tariff, and airfreight to their facility in the US. Knowing just how competitive a quote from China could be, we accepted the challenge.

After a few weeks we were given a costed Bill of Materials to review to make sure that we were satisfied that only approved manufacturers were used and that the pricing given was consistent with our expectations. We were not surprised to find out that our instructions (no substitutes) were followed precisely but we were also given options that if our customer would allow substitutes what the price could be reduced to. Data sheets of those proposed options were included for our review.

While you may think you have competitive prices from a low-cost country it doesn’t necessarily mean that there isn’t another supplier out there that meets or exceeds the quality and delivery criteria you require. You just have to be willing and have the time to investigate other options.

Here is the hard data:

Product Type: (3) SMT/Thru Hole Printed Circuit Board Assemblies

Industry: Industrial

Estimated Annual Usage: 1,500 each part

Customer’s Quoted Price: $193,300

ASC Low-Cost Country Pricing (Vietnam)

ASC’s Quoted Price: $167,500

Savings: $25,800 or 13%