Business Challenge
A leading industrial equipment manufacturer wanted to assess the potential sourcing opportunities in emerging markets.
Situation
The client wanted us to assess the possibility of sourcing raw materials including iron, aluminum, plastic, glass, and rubber from emerging markets. It also wanted to gain an understanding of the supply landscape in these markets.
Approach
We conducted in-depth primary and secondary research to shortlist potential sourcing destinations. We also conducted detailed assessments (at a country level) to obtain insights on key suppliers and rank them accordingly.
Impact
Based on our insights, the client was able to understand the supply market and shortlist key sourcing destinations that could help save costs. Furthermore, it was able to identify and shortlist potential suppliers based on their capabilities.
