SOURCING SERVICE

Looking out for suppliers is a critical task faced by clients and vendors.IQMS is at your service to well execute in Sri Lanka and our goal is to meet the right supplier at the right time and place.

match your
organization’s
objectives with your
most appropriate

supplier

What is Sourcing Service?

Supplier sourcing is the process of finding, evaluating, and engaging suppliers who can provide the goods, services, and raw materials that an organization needs to operate. It involves market research, contract negotiation, payment terms, and supplier relationship management. It also aims to solve supply chain problems, such as outsourcing or redundancy, and to achieve cost savings and competitive advantage. Supplier sourcing can be applied at tactical and strategic levels and can help organizations overcome supply chain challenges.

 

IQMS, we facilitate a well-executed sourcing process that allows your company to establish consistent and predictable supply chains. We strictly intended When sourcing is done perfectly, it can positively affect your brand image and help create brand loyalty.

There are several benefits of supplier sourcing. Some of them are:

  1. Reduce Direct and Indirect Costs: Cost savings is certainly an important benefit derived from sourcing efforts.

  2. Boost Long-term Supplier Relationships: Effective procurement management with suppliers can help build long-term relationships.

  3. Gain Efficiency and a Systematic Approach: A collaborative and organized approach to sourcing better aligns with supplier activities and yields long-term cost savings along with additional business benefits.

  4. Mitigate Supplier Risk: Sourcing can help mitigate supplier risk by identifying potential issues before they become problems

IQMS Inspectors will look for,

There are several factors that can be considered when selecting suppliers;

  • Competency

  • Capacity

  • Commitment

  • Control

  • Cash Cost

  • Consistency

  • Culture

  • Cleanliness

  • Communication

These factors can be used as a checklist when deciding whom to approach and whom to void.

THE IQMS BENEFITS

  • Self- Sustaining quality assurance specialists that demonstrate the highest levels of integrity.

  •  Efficient sample booking process.

  •  Reports are posted within 12 hours of completion. 

  •  All-inclusive pricing for inspections.

  •  Detailed reports and photographic evidence.

  •  Requirements are guaranteed to be met.