India is emerging as the global hub for the manufacturing industry. With an abundance of cheap and skilled labour, continuous improvement in ease of doing business and of course a buoyant domestic market, companies all over the world are eyeing India to exploit the opportunity and establish a presence here. In the process of setting up an establishment in a foreign country, companies are often faced with several issues that can hinder a smooth setting up of operations. Sourcing raw materials, components and labour while complying with the local laws can be a major challenge. It could be a time consuming and tedious process for the companies when they have no local help. Importantly, raw materials and critical components and spare parts should be procured from reliable sources without compromising on quality and delivery schedules.
Multinational companies take the help of sourcing consultants. But what do sourcing consultants do? Sourcing consultants connect offshore companies with local suppliers. They identify and connect local suppliers of raw materials and components to the companies. Certainly, this is not a one-time affair. Sourcing consultants create a supply chain that ensures a steady supply of raw materials and components.
The need for avoiding dependency on a single source is imperative. Sourcing and procurement consultants create an alternate supply chain of suppliers who ensure that the manufacturing process is never distressed for supplies of raw materials and critical components.
IndustryExperts is a team of talented individuals who not only help manufacturing companies establish their operations in India but also guide and assist companies in identifying suppliers with the appropriate quality and delivery terms and schedules. They also assist the companies in creating a supply chain by identifying alternate sources while maintaining the highest quality standards. Industry Experts is a one-stop solution for companies looking to establish their operations in India. Connect with us for an end to end solution for setting up your offshore manufacturing facility in India.