- Best Practice
Favorable purchasing conditions do not always translate into decent margins. This is a lesson a German company had to learn in the Asian market. Fortunately, our solution experts knew what to do.
Following the principle of moving away from order-based purchasing to sales-based purchasing, we developed a more flexible and, consequently, more profitable solution for this customer, who wanted to continue his bulk purchasing strategy. By involving a bonded warehouse in Futian/Shenzhen, as a first step the process of goods delivery through Chinese suppliers and the subsequent customs clearance was simplified and accelerated. At the same time article and master data were maintained using online tools, thus not only facilitating warehousing and inventory stocking but also allowing improved inventory restocking and shipping to Europe - A solution that helped savings potentials to pay off after all.