Executives from more than 400 of North America's fastest growing companies agree that outsourcing procurement of non-critical components allows businesses to get bigger quickly and more profitably. When you outsource procurement to Red Streak Corporation, you turn over activities that are not essential to your core competencies to a management resource for which it is their core business.
Click here to view a graphic flowchart of our process.
According to Montgomery Research, Inc., procurement outsourcing commonly saves businesses as much as 15% on the cost of materials and service. This kind of significant reduction in costs can place your business on a much firmer competitive footing in a global economy.
What are the advantages of this type of arrangement? Here are a few:
- Lower total costs and better service from a broader supply base
- Opportunity to pool purchasing with other businesses
- Access to greater expertise from organizations with specific and compatitible core competencies
- Increased efficiencies through centralization of personnel and technologies
- Cost Savings from avoiding investments in expensive new systems
- More rapid and efficient initiation of new technologies and processes
- Shorter lead times to bring finished products to market
- Increased productivity through streamlined assembly processes and reduced labor costs
- Elimination of unnecessary travel, scouting and qualifying of international and domestic sources
Click here to read about case studies showing true bottom line results of the Red Streak Proccess, even in during
highly volatile market conditions of unprecedented fuel and raw material costs.