Global Outsourcing refers to the transfer of processes or areas to an external company. Common areas that are transferred include: services, production, human resources, logistics, and product sourcing. As a rule, the sourcing and related processes are carried out by the companies' own purchasing departments. In global outsourcing, this process is transferred to an external outsourcing partner.
Here, the outsourcing partners serve as specialists for handling procurement tasks, which created your own sourcing strategy. The main goal with outsourcing is to perform product sourcing and product manufacturing in a more cost-effective and efficient way.
To increase the effectiveness of your company's product sourcing, transfer your purchasing department to Turnkey Sourcing.
Companies strive to make cheap and resource-saving purchases. Your purchases are not likely to provide you with a competitive advantage unless you have specific knowledge and experience in the sourcing country.
For many companies, finding new markets and suppliers requires a huge amount of work. Without the necessary expertise or and effective strategy, sourcing from abroad is unlikely to provide you with an advantage to your company. The requisite work for this process must be handed over to specialists who can minimize risk and maximize your benefits.
Procurement outsourcing with Turnkey Sourcing provides you with country-specific experience on the individual steps of procurement from Turkey. In short, we help improve your shopping transactions in Turkey.
The success of Global Outsourcing depends upon various factors. The most crucial factor is whether the Global Outsourcing can achieve the company's desired cost savings.
It is also important to consider whether potential outsourcing partners are suitable for outsourcing. To this end, it is necessary to consider the expected benefits and potential risks inherent to long-term partnership. Successful partnership is based upon a mutual relationship of trust, which depends upon regular information exchange, mutual evaluations, and reflections. It is also essential to consider the sectors in which companies want to outsource. To prevent misunderstandings, it is necessary to specify the nature of the work in significant detail.
The following points are key to the success of Global Outsourcing:
Trust Turnkey Sourcing with your sourcing processes, which will always be handled on a confidential basis.
After the procurement sectors have been determined and a decision has been made with regard to the outsourcing partner, it is crucial to establish a successful partnership with the outsourcing partner.
Companies may feel that certain areas of responsibility are no longer under their control when they delegate procurement tasks. That said, the outsourcing partner wants to show their potential in the best possible way and reflect their trustworthiness with the highest possible efficiency and in a goal-oriented way.
The key factor here is the effective cooperation between the outsourcing partner and the company. It must be stated that global outsourcing can only be established reliably through a step-by-step process. To this end, it is essential to establish a transparent communication structure and an effective feedback system to facilitate this process.
The key to success in global outsourcing is not engaging in a power struggle between the company and the outsourcing partner, but rather a relationship of cooperation. With this in mind, Turnkey Sourcing is ready to establish a mutually beneficial relationship of cooperation with you as you contemplate the Turkish sourcing market.
Over 26 years, Turnkey Sourcing has developed a network of suppliers in these and more industries.
Do you need support with your sourcing issues in Turkey?
Would you like to optimize your sourcing strategy?
Contact us. We look forward to your inquiry.
