Low-Cost Country Sourcing: A Holistic Strategy to Maximize Procurement Value

In today’s interconnected world, distance no longer restricts your company’s supplier choices for materials, components, and vital services.

Whether sourcing electronic parts from Southeast Asia or metalwork from Mexico, LVP Consulting’s Best-Cost Country Sourcing harnesses the power of the global market to enhance profitability while boosting quality and efficiency. Backed by decades of expertise in low-cost sourcing, we offer a balanced approach combining both qualitative insights and quantitative analysis.

Price is only part of the equation

Low-Cost is not the only metric that defines our Best-Cost Country Sourcing practice. Over time, we have clearly observed differences in supplier quality. Along with competitive pricing, achieving the right balance between cost and quality is crucial. By sharing our supplier evaluations, we collaborate with you to identify a harmonious mix of supply chain partners that optimizes every aspect of your procurement and overall business — from material and workmanship quality to innovation, new product design, engineering support, and vendor-managed inventory programs. Our holistic process delivers a global supply chain solution tailored to meet your strategic objectives.

“Price is what you pay, Value is what you get.”

Warren Buffet

Creating local presence in a global economy

Establishing global and regional procurement offices, as we have done with multiple Fortune 1000 companies, is a key part of our strategy to maintain strong relationships with Best-Cost Country suppliers. We recruit and train local talent to address challenges in communication and local customs, rapidly involving them in projects across numerous product categories. To support these teams, we deploy our own personnel on 6 to 24-month rotations to implement best practices in strategy, operations, organization, and IT — so ultimately, you can manage these offices independently on the solid foundation we’ve built together.

Our comprehensive approach to localization sets us apart from brokers and HR firms, but we do it because it’s what our clients need — a proven method to achieve their sourcing goals. By fostering personal, local connections, we ensure that the quality and timeliness of your supply chain meet your standards and sourcing targets. With established relationships and a functioning global supply chain, your company will be positioned to enter new markets and emerge as a true global leader in your industry faster, with sustainable long-term success.