The secret to an effective request for information? The format that stands the test of time and specific questions asking for specific questions is a good start.
The client had little visibility into the capabilities and operation details of the factory due to lacking of direct communication. Insight Solutions Global bridged the gap, drove the supplier performance, and increased the yield rate to 92.8%.
Supplier assessment can be quite a costly process, so how can you make sure that you’re not squandering away your money? What can you do to make sure that you can reap the beautiful fruit from the assessment? Read more to find out.
With the help of Insight Solutions Global, our client reduced 47.5% of the parts cost, increased 54.2% of the yield rate, and reduced 2 weeks of the delivery lead time.
With the help of Insight Solutions Global, our customer increased their first pass yield up to 97%, and gained their full control over the supply chain.
With the help of Insight Solutions Global, the client cut the spending and saved up to $120,000/year, reduced the lead time and gained more leverage in the supply chain.