GLOBAL SOURCING
SOLUTION
COST REDUCTIONS
Our global sourcing platform enables you to focus on your core competencies as a manufacturer and improve your bottom line
Contract Manufacturers (EMS)
We are a strategic supplier to world class contract manufacturers that enjoy significant material cost savings and improved gross margins.
System Vendors (ODM/OEM)
We are a highly valued sourcing & procurement arm for many vendors that leverage our supply-chain services to improve their business results.
Manufacturers & Suppliers
We are working closely with a large network of global component manufacturers and authorized distributors who benefit from our wide customer and verticals reach.
Solutions
SHIN Group provides value-added supply-chain and consulting services to original equipment manufacturers (OEM), original design manufacturers (ODM) and contract manufacturers (CM / EMS) with the main objective of achieving substantial cost savings. Our services include:
- Sourcing & Procurement
- Cost Reduction Consulting
- Design-Chain & Engineering
- Fulfillment & Distribution
- On-site Employee
Our services are offered as part of our unique cost reduction solutions:
Customer: World class EMS providing products to various verticals
Business start: January 2012 (within one month from first contact)
Challenges
- Reduce material cost (80% of the spend accounts for mainly local distributors)
- Increase gross margins in a highly competitive market (more than 30 local EMSs)
- Reach new and highly potential customers according to products and verticals expertise
- Improve efficiency and profitability to be able to fund continuous growth in a market with massive consolidations
SHIN Group’s service
- Sourcing and procurement – Based on SHIN Group’s Sourcing Solution for substantial cost savings
- Design-chain and engineering – AVL management, component engineering, technical support
- Fulfillment and distribution – On-time delivery with multiple shipments per month and option for VMI
Result
- More than one hundred of high-value components are sourced with average savings of 13%!
- Continuous savings on items that were already cost reduced – keep driving pricing down.
- Potential customer introductions were made by SHIN Group to help leverage EMS business.
- Within a short time, SHIN Group has become a close partner and top supplier.
- High value for customer: immediate results, low prices and increased gross margins, competitive logistic terms, very high on-time delivery rate, improved competitive position,
- improved price benchmark power, exposure to new customers.
Testimonials
Expert in Global Sourcing and Cost Savings
SHIN Group has become a preferred supplier to us after successfully executing several cost savings projects in a short period of time. Their expertise in global sourcing, excellent performance in delivering significant cost savings and proven reliability have qualified them to be our supplier of choice.
AVP Supply-Chain Management
Tier-1 EMS
Highly Credible Supplier!
We have been working with SHIN Group for a long time now and find them a highly credible supplier delivering components at lower prices, without a single quality issue and always on time. SHIN Group obtains a COC and full manufacturer warranty on all items supplied and provides a back-to-back warranty as well as a direct channel to the manufacturer, eliminating any risk to our company. With SHIN Group’s global sourcing solution we were able to significantly reduce our product BOM cost and increase our margins. I strongly recommend using SHIN Group as your supplier of choice. They have become a trustworthy supplier for us.
VP Supply Management
Global Tier-1 OEM
Vital Partner for Achieving a World Class Performance
We have been utilizing the services of SHIN Group for approximately two years. During that period of time SHIN Group was able to review our BOMs and provide us with high savings for a variety of items. They offer alternative solutions to our current BOM structure which has enabled us to observe further savings to our overall costs. Coupled with the on-time deliveries of all material and the absence of any quality issues, we consider SHIN Group a vital partner in our ever ending struggles to meet world class performance to our customer base.
International Commodity Manager
Tier-1 OEM