Introduction & Background

· 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’s Role

Tecnova streamlined Martur Fompak International's supplier identification process:

· 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

Conclusion

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.

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