What is our strategic sourcing methodology?

PSK is provided business services that can include sales and marketing Thai products and local material agencies. PSK can also handle compliance and filed quality inspections if required. Our sourcing specialists combine regional cultural understanding and in-depth information and expertise on market dynamics of suppliers’ needs. The people, processes, tools, and experience assist your company with sustainable procurement savings and build competitive strategic value in addressing all your cost reduction needs.

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Let PSK Ltd. be your Eyes, Ears and Legs on the ground to get things done right and look after all your business interest in Thailand. Our aim is to ensure your organization’s bottom-line growth. Your One-Stop Sourcing Solution Center. Our total transparency and sourcing services will help you get the best price, the best quality and a timely delivery of your products.

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Step 1: Project Planning and Kickoff, which suggests that a formal start to the strategic sourcing process is warranted.

Step 2: Profile Spend, to develop an accurate understanding of requirements.

  • Identify or reevaluate needs
  • Define and evaluate user requirements
  • Decide whether to make or buy

Step 3: Assess Supply Market

  • Critical step in the strategic sourcing process
  • All potential sources of supply are identified
  • A thorough assessment of a supply market
  • identify all possible suppliers
  • prescreen all possible sources

Step 4: Develop Sourcing Strategy

  • Develop a sourcing strategy
  • Establish whether a supplier has the capabilities
  • RFP provides specific information as to what the buying company
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Step 5: Execute Sourcing Strategy

  • Begins with an evaluation of the suppliers that remain following the RFI and RFP processes and culminates in the award of a contract.

Step 6: Transition and Integrate

  • Important elements of this step are the finalization of the contractual agreement, planning the transition process, and receipt or delivery of the product or service.

Step 7: Measure and Improve Performance

  • Post-purchase performance evaluation is very important.
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Benefits

Marketing Research

Research helps you plan the best way to get your product from the manufacturer to the retail shelf. In addition to deciding which retailers should carry your product, you should determine where your inventory will be held.

Listen to your team

Go to your team, and tell them you want to make a fresh start. Tell them you want them to enjoy their jobs more and get more done.

Analyze the Problem

In this problem solving step, you will want to figure out what caused the problem, what the problem looks like at this moment, and the urgency of addressing the problem.