Research says best-in-class procurement organizations source at least 20 percent of their enterprise spend from low-cost countries.
Whether or not your procurement team has experience in low-cost country sourcing (LCCS), GEP can help you achieve more value more rapidly. In fact, on average, GEP delivers incremental savings of 25 to 30 percent when sourcing from low-cost country sources, instead of domestic suppliers.
We’ve had a very successful sourcing partnership with GEP. They’ve helped supplement our procurement team with subject matter experts who worked closely with us to get us focused.
– Corporate VP, Strategic Procurement, B. Braun
Knowing Your Market
Our LCCS teams bring strong category-specific technical know-how, understanding of local policy trends, tax rules and trade-related regulations to the table.
This local knowledge is augmented with our industry-leading analytical capabilities, market intelligence and category expertise to help our clients minimize risk, maximize value and adopt low-cost country sourcing with confidence.
GEP's category expertise in LCCS spans numerous direct and indirect spend categories from countries across Asia Pacific, East Asia, Eastern Europe and Latin America. Our low-cost country sourcing services include:
- Spend Profiling
- LCCS Suitability
- Clean-Sheet Costing
- TCO Analysis
- Country Profiling
- Vendor Landscaping
- Risk Assessment
- Strategy Development
- Bid Process Management
- Negotiations
- Contract Execution
- Supplier Onboarding
- Logistics Plan Development
- Ongoing Audits
- Supplier Development