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· Client is a leading first-tier supplier for automotive seating and interior systems, based in Turkey.
· They have 30 plants across 7 countries and work with Global Automotive OEM brands.
Objective: Evaluate Suppliers Across Focus countries for the Commodities of Interest
Tecnova streamlined the automotive seating manufacturer’s supplier identification process by identifying and evaluating suitable partners aligned with its sourcing and operational requirements.
· Identification: Conducted a comprehensive search and prepared a list of 288 potential suppliers across various commodities and countries.
· Engagement: Approached and shortlisted suppliers based on their interest and capabilities for collaboration.
· RFQ Process: Distributed RFQs and solicited quotations from shortlisted suppliers.
· Evaluation: Conducted detailed profiling and ranking of shortlisted suppliers to facilitate decision-making.
· Meeting Facilitation: Organized meetings between Martur Fompak International and shortlisted suppliers for direct communication and negotiation.
These interventions ensured access to high-quality suppliers and productive collaborations
Agreements Signed: International successfully finalized agreements with several shortlisted suppliers, ensuring reliable partnerships.
Ongoing Discussions: Additional discussions with suppliers are in progress, with some nearing finalization, indicating the expansion of International's supplier network.
Expansion into Asian Markets: Tecnova's strategic approach facilitated client's expansion into Asian markets, opening up new avenues for growth and market presence.
Robust Supply Chain: Continued collaboration with selected suppliers ensures a robust supply chain for future operations, providing stability and efficiency in procurement and production processes.
Tecnova helped a leading automotive seating and interior systems manufacturer identify, evaluate and onboard reliable suppliers across multiple countries, strengthening its sourcing and procurement capabilities. This strategic supplier engagement enabled expansion into Asian markets, established long-term supplier partnerships and ensured a more robust and efficient supply chain.