Four questions to answer first
Before anyone calls a factory, know what you want, how many, how often and when.
What do you need?
A finished product, a sub-component, or a part to be built to your specification.
How many?
Quantities per order and per year. Volume shapes which manufacturers will even quote.
How often?
How frequently you'll buy and receive shipments, and how much inventory you want to hold.
How quickly?
When you need it. Lead time often decides between a domestic and a foreign supplier.
Domestic or foreign?
Your answers tell us which fits best. We work both ways.
North American manufacturing
Access to more than 1,500 vendors across North America, matched to your product, quantities and timeline.
Importing
We import finished products and sub-components when overseas production is the better fit for your cost and volume.
How sourcing works
Every sourcing project runs on a written project management plan, from your first answers to your first delivery.
Already have a supplier? We can benchmark them against our network.
- 1Define the needWork through what, how many, how often and how quickly.
- 2Choose domestic or foreignLet your volumes, costs and lead times decide.
- 3Match manufacturersShortlist vendors from our network who fit the job.
- 4Start quality documentationSet up the quality assessment documents every sourcing project needs.
- 5Compare cost of productionWeigh quotes on total cost, not just unit price.
- 6Place the first orderStart with a small run when it makes sense, then scale.
Quality control stays with you.
Whichever vendor you choose, responsibility for quality stays with the buyer. That's why we help you start your quality assessment documentation early, so every supplier is held to the same standard.
Pair it with material testingQuestions about sourcing
Do you only work with overseas factories?
No. We match clients with domestic and foreign manufacturers and have access to more than 1,500 North American vendors. Your quantities, costs and timeline decide which fits.
Can you source parts, not just finished products?
Yes. We import finished products and sub-components.
How much can I save?
It depends on the product. Some clients have saved as much as 80% compared with options they found on their own.
What does sourcing cost?
[ANSWER FROM REX: how sourcing projects are priced]
Know what you need? Let's find who makes it.
Book a free one-hour call, or reach us at info@PraxisInnovations.com.
