https://lnkd.in/gNW4jxyZ Outsource to Vietnam with REDUx: Quick Guide! + Subscribe to our YouTube channel, "REDUx Engineering: Quality Offshoring, Simplified" https://lnkd.in/gAh2kUP5, to watch full videos on how to safely realize 20% - 50% bottom-line savings on volume parts that you currently source domestically or manufacture in-house. +Visit www.REDUxEngineering.com and complete our simple project assessment form to see how we can cut product costs in half, with no up front costs or consulting fees." Welcome to REDUx Engineering's series on Off-Shore Manufacturing Savings Made Simple & Safe. In this video, we'll explore how companies can significantly reduce their manufacturing costs by leveraging offshore production facilities. By tapping into the global supply chain and taking advantage of lower labor costs in certain regions, businesses can achieve substantial savings without compromising on quality or delivery times. For a comprehensive understanding of offshore manufacturing strategies and lean supply chain management, we recommend the book "The Lean Supply Chain - Managing the Challenge at Tesco" by Barry Evans and Robert Mason, published by Kogan Page in 2015. This case study-based resource provides valuable insights into optimizing global supply chains and achieving cost efficiencies through offshoring.
REDUx Engineering’s Post
More Relevant Posts
-
Discover how Group-Q's tailored localization solutions empowered a global enterprise to connect seamlessly across markets, driving significant business growth. Learn more about our success stories and how we transform businesses: https://buff.ly/491ePcf #GroupQ #GlobalGrowth #Innovation
To view or add a comment, sign in
-
Discover how Group-Q's tailored localization solutions empowered a global enterprise to connect seamlessly across markets, driving significant business growth. Learn more about our success stories and how we transform businesses: https://buff.ly/491ePcf #GroupQ #GlobalGrowth #Innovation
Clients Page - Group Q
https://group-q.com
To view or add a comment, sign in
-
Technology Leader | Chief Operating Officer (COO) | Solutions Architect | CCIE | Technology Consultant | Free Lancer | Motivational Speaker | Mentor | Friend
Where Pakistan software industry has lots of potential and areas of improvement, however most business don’t encourge innovation and keep following the set devolpment roadmap. We hardly found any digital product / services originated from Pakistan at international level, because when everyone tries to play safe there would not much room left for new business prospectuses and innovation. #Pakistan #Innovation #Software #BusinessGrowth #InternationalRecognization
To view or add a comment, sign in
-
Internationalization (i18n) is the process of designing products, software, or content in a way that allows easy adaptation for various languages and regions. It ensures that minimal changes are needed when localizing for different markets.
To view or add a comment, sign in
-
Navigating global compliance can be a challenge for any organization. At DATABASICS, we understand this and ensure our Time and Expense management system offers unparalleled flexibility. Tailor your policies and procedures to align perfectly with industry-specific regulations, anywhere you do business. Discover how our global localization makes compliance seamless. #GlobalCompliance #TimeManagement
To view or add a comment, sign in
-
Submersible Control Cable Project: A Case Study When a North American tech hardware manufacturing company needed to reduce costs for their submersible control cable project, they turned to REDUx Engineering's contingency-based managed offshoring service. Initially, they were paying $74 per piece with local sourcing, leading to substantial annual costs. Project Details: Annual Volume: 7,500 pieces Original Cost: $74 each Project Time: 3 months Mold Cost: $8,000 (one-time) New Cost: $32 each post-offshoring Savings: $42 per piece Annual Savings: $315,000 By leveraging REDUx Engineering’s expertise, the company managed to bring down the cost to $32 per piece. This significant reduction was achieved within a three-month timeframe, with a one-time mold cost of $8,000. The result? An impressive annual saving of $315,000. REDUx Engineering specializes in making offshoring seamless and profitable for companies with revenues between $10M-$50M. They provide a no up-front cost service, operating on a contingency basis, taking 20% of the landed savings. This ensures that clients see tangible savings verified by their finance teams. The comprehensive service includes a team of Registered Professional Engineers, 6-Sigma ASQ-Certified Supplier Development Engineers, and local Sourcing Specialists managing projects from start to finish. Lessons Learned and Recommendations: Cost Efficiency: Offshoring can drastically reduce production costs when managed correctly. Expert Management: Utilizing a specialized team ensures smooth transitions and sustained quality. Transparent Communication: Maintaining clear and transparent communication with offshore manufacturers is crucial. Recommended Reading: "Global Supply Chain Management" by Matt Drake, Business Expert Press. "The Handbook of Global Outsourcing and Offshoring" by Ilan Oshri, Julia Kotlarsky, and Leslie Willcocks, Palgrave Macmillan. Finding and managing high-quality, high-savings offshore manufacturing for small to medium-sized North American businesses can be confusing and risky. At REDUx, we partner with you to manage the process end-to-end with no upfront cost, instead, sharing only 20% of the net ongoing savings. Contact us at www.REDUxEngineering.com today! #Offshoring #CostSavings #Manufacturing #TechHardware #SupplyChain #Engineering #ContingencyManagement #Outsourcing #IndustrialEngineering #GlobalSourcing
Home
https://reduxengineering.com
To view or add a comment, sign in
-
Starting in 30 minutes: Kyle Aure presents "Exploring the Data Universe: Portability with Jakarta Data and Open Liberty" https://hubs.la/Q02spCsY0
To view or add a comment, sign in
-
Supply Chain Management | Certified Supply Chain Professional | Lean Black Belt (LBB) | Inventory Management | Process Improvement | Logistics
Globalization vs Localization… the challenge of striking the right balance.
Which Supply Chain Model Is Right for You?
ascm.org
To view or add a comment, sign in
-
#Taiwan #Offshore #Wind localization policy relaxation in sight? According to CNA MOEA is considering to bring a removal of localization for Round 3.3 to the table in Brussels tomorrow, when the Taiwanese delegation discusses the current WTO case with the European Union. For Round 3.2 the guiding principle should be to achieve grid connection dates, under the existing guidelines. (2028 / 29) Between the lines, if the primary goal is a timely grid connection, then localization items can potentially be softened up.
經部:風電3-3期撤除國產化 3-2優先確保併網進度 | 產經 | 中央社 CNA
cna.com.tw
To view or add a comment, sign in
-
🏢 WHY CHOOSE REPRESENTATIVE OFFICE OR SUBSIDIARY Foreign direct investment (FDI) enterprise means an organization whose members or shareholders are foreign investors, established and operating in accordance with Vietnam’s laws that carry out business investment activities. Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam. VIVA would like to share useful tips and lessons based on our practice service for thousands of cases regarding how to transform representative office in Vietnam into subsidiary company. Vietnam joined the World Trade Organization (WTO) in 2007, since there, thousands of foreign investors have been investing in Vietnam in the form of foreign representative office as a probatory step. Despite many advantages, the representative office is no longer meet the business expectation of the investors and shall be transformed into a subsidiary company. 👉 Read more information: https://lnkd.in/g4NwbAeE ---------------------- VIVA Business Consulting is the local experts for local business compliance procedures, has been trusted by thousands of foreign investors, multinational companies from Europe, Japan, Singapore, India, Korea, USA… regard to market entry service, required business compliance procedures by local laws and regulations since 2006. Thanks for consistent of practice expertise in Business laws - Employment relations – Tax and accounting – Corporate finance – Corporate services, VIVA has been successfully providing service for thousands of leading companies from Japan, US, EU, Singapore, India, China, Korea…. in such industries: Garment, energy, pharma, advertising, agricultural… VIVA keeps its service signature by offering one-stop business platform with exclusive and tailored-made services related to market entry and mandatory business compliances. We ensure for our client’s good standing, in lawful and optimal manners whenever they are working and doing business in Vietnam. 𝙑𝙄𝙑𝘼 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙣𝙨𝙪𝙡𝙩𝙞𝙣𝙜 🏢 A. 12Th Floor, International Plaza Building, 343 Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, HCMC 🏢 O.17Th Floor, Prime Centre Building, 53 Quang Trung St, Nguyen Du Ward,Hai Ba Trung District, Ha Noi City ☎️ Call center: 18001243 📩 leads@vivabcs.com.vn #VIVA_Business_Consulting #HoChiMinhCity #district1
HOW TO TRANSFORM BUSINESS MODELS IN VIETNAM
https://vivabcs.com.vn
To view or add a comment, sign in
235 followers