Asia Strategic Sourcing Consulting

Rising Logistics Costs Undermine Business Sustainability

• Asian logistics costs make up to 15% of GDP, burdening companies. Strategic sourcing can help align procurement efficiently, ensuring cost-flow control and sustainability.
• Optimizing sourcing better connects local suppliers with efficient logistics solutions. By cutting intermediaries and consolidation, businesses can thrive even in tense economic conditions.

Environmental Impact Gain Magnifying Criticism

• Asia accounts for approximately 50% of global CO2 emissions, urging a need for responsible sourcing. By mitigating supply chain emissions, companies can future-proof their operations.
• As scrutiny grows, adopting greener strategic sourcing practices drives meaningful transformations, bolstering community support and enhancing corporate social responsibility image.

The Surge of Digital Transformation in Procurement

• Over 60% of companies in Asia now use digital procurement tools, accelerating decision-making. Firms pivoting to these lotions gain competitive insights into supplier markets quicker.
• Businesses enhancing digital skills propel growth by leveraging better supplier data and trend analytics, leading to smart sourcing strategies and agile marketplace responses.

Expanding Supplier Base Fortifies Market Position

• It's estimated that 70% sourcing managers in Asia struggle with supplier diversity. Boosting varied supplier partnerships mitigates risk of supply disruptions and widens capacity.
• Increasingly agile supplier relationships expand product portfolios and enrich service predictions, propelling firms in capturing expansive consumer audiences across the continent.