Dragon Sourcing aimed to source sheet metal fabrication and machining parts from South of India, especially Tamil Nadu and other bordering states. The sourcing approach included demand analysis, supply market analysis, telephone pre-screening, NDA process, developing RFI/RFQ document, administering RFI/RFQ and then, analysing RFI/RFQ responses.
RFI process intended to find the right suppliers. After supply market analysis, supplier rejection analysis was done where many suppliers’ name struck off the list during the pre-screening, NDA and RFI/RFQ method. The E-sourcing GPS tool was used to score and rank the suppliers before making the final call.
Chennai, Puducherry, Coimbatore and Madurai have the highest suppliers of sheet metal parts. The company carried out the project in 2 months with 83 suppliers from the states of South Indian. The report prepared by our team has helped our client to recognise potential suppliers located across Tamil Nadu and neighbouring states.