Global Procurement and Sourcing
What to buy, where, when and how much?
Questions that seem trivial can be complicated in the jewelry industry if you are not buying from the right sources or have the buying power. For most, the knowledge of whom, where, and how has not been largely available.
Buying decisions involve more than reducing the cost of an item or adjusting overall demand of an item or its components. Today's successful jewelry procurement departments must also pay close attention to efficiencies of systems, capital, timing, packaging, logistics, and the distribution of that item as well. This will be a key ingredient to the success and failure of an organization's bottom line.
With OFT's first hand experience in production procurement of all things fine jewelry for the largest jewelry companies worldwide, we understand the who, what, where, how, and when to procure.
We have to be aware that success isn’t achieved from a single purchase, but through the integration of all functional areas working together in harmony to achieve the competitive advantages that translate to greater growth and margins.
"Let us provide the roadmap to the leading global supply chain solutions in our industry."