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Supplier due diligence and reporting |
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We conduct thorough supplier due diligence, employing a range of evaluation criteria and industry best practices. Out team assesses the supplier’s financial health, project experience, and manufacturing capabilities. By examining key factors such as certifications, production capabilities, project experience and past delivery performance records, we provide our clients with detailed and comprehensive reports presenting a clear and concise overview of the supplier’s strengths, weaknesses, and overall risk profile empowering our clients to make informed decisions based on accurate and up-to-date information.
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Quality auditing |
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Dedicated to ensuring that our clients’ products meet the highest standards of quality and compliance, we offer auditing services to evaluate their potential supplier base. Our team visits candidate suppliers on-site to examine their competence to support our clients in existing and future projects. We thoroughly assess production capacity, technical expertise, key personnel capabilities as well as how the candidate supplier processes the products through their life cycle to ensure meeting project’s requirements and customer’s satisfaction. Through these audits conducted directly by OmniParts, our clients’ supplier selection process is not only dramatically reduced in terms of time & cost but also our clients fully-utilize our industry expertise & network to connect and build reliable relationships with suppliers who share their commitment to quality.
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Market research |
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At OmniParts, we understand that each client has unique sourcing needs and objectives. Whether it is finding cost-effective suppliers, identifying niche manufacturing capabilities, exploring more sustainable or low carbon sourcing options, finding, or developing products and services in compliance with demanding regulatory guidelines, discovering new market opportunities, our sourcing market research offers businesses a valuable resource for making informed sourcing decisions. As we always keep ourselves updated on the latest industry trends, technological advancements, and market shifts, we provide our clients with forward-looking insights and recommendations that keep them ahead of the competition.
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RFI/RFQ negotiations and contracting |
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We work closely with our clients to understand their specific requirements, objectives, and budgetary constraints and develop comprehensive Requests for Information (RFIs) and Request for Quotation (RFQs) that effectively capture their needs and expectations. We advocate for our clients’ interests, aiming to secure favorable terms, including pricing, delivery schedules, quality standards, warranties, and other contractual provisions. Our expertise in supplier evaluation enables us to assess not only pricing but also factors such as supplier capabilities, track record, financial stability, and reputation. This holistic evaluation ensures that our clients select suppliers that meet their quality standards, delivery requirements, and overall business objectives. In addition to negotiations, we provide contracting support as we meticulously review and draft contracts, incorporating clear and enforceable terms and conditions that protect our clients’ interests. We prioritize transparency, professionalism, and open communication with both our clients and suppliers, facilitating constructive negotiations and promoting trust and accountability among all parties involved.