SOURCING

As the drive to gain competitive edge tightens, companies that were once content to cultivate their local and national markets are now keen to globalize their operations and tap into emerging markets. As familiarity with the available opportunities has increased, so more enlightened companies have come to focus less on achieving incremental cost improvements and, instead, are evaluating all their capabilities to define a winning global sourcing strategy. Global sourcing is now a long-term strategy rather than a tactical solution for short-term goals.

India is increasingly emerging as a hub for global sourcing. Especially Sourcing & supply chain are the decisive factors for future business success in India to add substantial value to the bottom line of the organization. Capable and reliable suppliers, assuring quality standards, lower costs, access to a massive pool of skilled resources and low potential risks involved, makes India a favorite destination for ‘Best Cost Country Sourcing’.

DSI and Dover-India is a part of Dover Global Strategic Sourcing Initiative representing India. Dover Corporation has initiated a supply chain program aimed at establishing long-term strategic alliances with global suppliers for castings, plastics, and electric & hydraulic motors. At present the annual expenditures are in excess of $372 million USD over four major categories castings, plastics, motors and transportation. The category wise break up is castings $65 million USD, Plastics $34 million USD, Motors $23 million USD and transportation $250 million USD.

DSI Sourcing services can help the organizations to have a higher value addition to their bottom-line. MCOE senior team members have commendable experience in manufacturing related activities as they were involved in development of casting, forgings, sheet fabrication etc., DSI offers a wide range of sourcing services right from sourcing approach to supplier service management. DSI sourcing services offerings

  • Vendor Pre qualification and evaluation & selection assistance
  • Profile analysis
  • Alternate material studies
  • RFQ processing
  • Site visit & Negotiation assistance
  • Sourcing approach
  • Process design
  • Quality and Inspection
  • Transition management
  • Delivery monitoring & logistics
  • Performance management of the supplier