AN OVERVIEW OF GREATER GROUP’S PROCUREMENT
greater group’s global sourcing team takes a smart data-driven growth approach that lowers CAPEX and OPEX while improving overall results.
greater group has been offering end-to-end services to deliver innovative retail spaces for the past 30 years. During the sourcing stage, our global sourcing team deals with prototyping, bulk manufacturing, quality control, logistics and warehousing to prepare for the installation phase that follows.
A successful example of greater group’s smart procurement approach in action is the collaboration with dusk, an Australian premium retailer of candles, home decor, home fragrance and gift solutions. Taking on a massive project to roll out 30+ stores across Australia, of which 20 have already been installed, greater group provided sourcing services for their joinery while installation was completed by our partners at Rapid Retail.
greater group procured 30+ stores across Australia for the premium candle retailer, dusk, massively saving on costs through off-shore component sourcing.
DESIGN & VALUE ENGINEERING
When choosing to outsource overseas, it is important to ensure quality standards and brand protection whilst lowering costs, but the one opportunity that is often missed is value-engineering. greater group’s in-house engineers are able to deliver enhancements and efficiencies in existing designs and packaging solutions to cut costs and maintain or even improve product quality.
Things like factory audits, quality control and in-line/pre-shipment inspection, cannot be done online. If anything does go wrong, it’s much easier to fix it when there’s someone right there, right away. greater group’s sourcing team, many of whom are English-speaking Chinese nationals, have strong local networks including many factories, so they can find a solution for clients quickly. Having our own staff on the ground in Asia means they can offer independent and impartial factory audit and supplier selection to protect your brands.
ACCOUNT MANAGEMENT & WAREHOUSE/LOGISTICS
Offering end-to-end solutions, our team takes a hands-on approach to liaison between different departments, making sure processes run smoothly from concept design all the way through to manufacture, build and installation. Our account managers are dedicated and experienced, ensuring projects are completed on time and on budget. We have warehouses located globally, allowing us to deliver seamless logistics solutions depending on the nature of the project. Our team is committed to strategic inventory management, taking extra measures to reduce or even eliminate direct storage costs.
LOWERED CAPEX & OPEX
During the sourcing stage, it is pivotal to fully understand the design intent to present a solution that allows for future flexibility. From a longevity standpoint, this means that, by extending the average lifespan of stores through improved flexibility, clients could see savings between 25-40% within a 5 year period.
- Sourcing Fixtures from outside of Australia can save you by 30-40%
- Sourcing Signage from outside of Australia can save you by 40-50%
As mentioned earlier, we are able to significantly cut back on costs through global sourcing. We cut out the unnecessary middle man, managing the supplier research and selection process for you, reducing the number of agencies involved and keeping processes internal to ensure minimised risk exposure.
Get in touch with us today to discuss what we can do for your business.