Mithras' services bring together experienced bilingual consultants that are passionate about leveraging China's key advantages - low-cost labour and a high-growth market - to deliver rapid business results for our Western client base. Our Professional approach combines a zero-defect mentality with a can-do attitude focused on delivering real cost-savings or revenue-gains in partnership with our long-term strategic clients.
Supplier Identification
Quality starts with finding the right OEM supplier. We typically reject hundreds
of China factories to find one that stands out. What we look for is a history
of consistent quality, high-spec raw materials, rigorous quality processes,
the best equipment, export experience, and a professional business approach.
Cost Analysis
For most manufacturing companies, raw materials & components represents
by far their largest cost item, and often the greatest opportunity to transform
their financial performance. But not all products can be made in china effectively,
or even cost-efficiently. Mithras sourcing consultants work together with
clients to assess the supplier market in China and analyse input costs, to
deliver an accurate picture of potential cost savings. For metal components
and many machinery and hardware items, experience has shown that 30-50% cost
savings are often achievable. Savings come from cheaper labour and land prices,
which are both many times lower than in the EU or North America. Furthermore,
these lower labour and land prices are also reflected in materials and overhead
costs. Taken together these savings result in costs typically 30-50% below
those of Western suppliers. For many manufacturing companies China sourcing
represents the greatest available opportunity to transform their profitability
- often by hundreds of thousands or even millions of dollars. Cost savings
vary between different products, depending on factors such as the labour intensiveness
of the manufacturing process, transport costs, and the source of raw materials.
Supplier Due Diligence
But does lower costs mean sacrificing final product quality? That depends.
We only recommend factories that have a proven track record of OEM manufacturing
for the world's leading brands. Before recommending a supplier, we identify
local insiders, speak with experts, contact industry associations, evaluate
numerous competitors, collect feedback from current and former clients, and
audit processes, equipment, raw materials and quality controls. Our bilingual
sourcing experts integrate the full understanding of local industry specialists,
to deliver a tailored manufacturing solution that fully meets the client's
technical and commercial requirements.
Quality Control
In addition to our supplier's own proven quality-control processes, we can
also provide inspection services during production and prior to shipment,
in order to guarantee that any products that are not to specification or sample
never reach the client. Like our other sourcing services, Our inspection and
quality assurance services are designed to ensure a seamless flow of consistent
quality components, at a world-leading cost base.
Educated at international business schools, trained by leading industrial companies, and with years of experience, our local bilingual consultants are well placed to realise the opportunities and avoid the many pitfalls presented by China's unique market.
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Market Assessment
Where we excel is in quickly bringing together the complete understanding
of local experts and industry sources, to facilitate commercial feasibility
assessments. Whether your project seeks to reduce costs or generate new revenue
streams, our consultants are experienced in delivering answers quickly, generating
and assessing alternatives, and working with clients to implement the solution
and quickly generate the required results.
Procurement Consulting
Our unique position and experience gives us the perspective from which to
identify opportunities and help clients realise the powerful potential of
China sourcing, while avoiding the numerous pitfalls. We are also experienced
in helping client implement China sourcing strategies, and can act as a dedicated
on-demand China sourcing office, but without any fixed overhead costs.
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