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Managing production from China can be a huge challenge. There are issues of on-time delivery, large minimum order quantities, supply chain complexity, and many other factors that can complicate effective procurement and delivery of your China origin goods. Inflation, supply disruptions, foreign exchange volatility - all of these pose material risks and obstacles to companies sourcing product from Chinese suppliers. Now there is a simple and convenient way to manage volume purchasing from China. With a Purchasing Center, our clients get scale, financing, logistics and other benefits that make their procurement activities simpler and more profitable.
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Sertus : China Purchasing Center
Services
Purchasing Center Services: For Your Business. Building a Stronger Bridge to Asia
Services
20112013
www.asiatradepro.comwww.thechinasourcingexperts.com
Chinese inflation accelerated to the fastest
pace we have seen in over three years and
there is no indication that inflationary
pressures are easing.
CURRENT SITUATION
The Commodities Industrial Inputs and the
Metals Price indices are up over 34% in the
last 12 months.
The appreciation of the RMB has averaged
about 5% p.a. since 2005 and economists
continue to believe it is STILL
UNDERVALUED by between 25%-40%.
Supply disruptions are on the rise, with entire regions suffering
from electricity shortages that have limited production.
Price volatility has made it difficult
CURRENT SITUATION
Price volatility has made it difficult
for manufacturers to obtain
sufficient raw materials.
As a result lead times have been
extended and at best are increasingly
unreliable while price pressures continue.
Sertus offers select clients PURCHASING CENTER (PC)
services for China origin imports that decrease the cost
of procurement through:
SERVICE OVERVIEW
• One-stop Purchase-to-Pay
• Aggregation of Client Spend
• Simplified Procurement
Processes
• Financial Planning and Financing
• Improved Inventory Management
The Power of One: Purchasing Centers convert multiple supplier invoices and related costs to manage purchase-to-pay processes
SERVICE OVERVIEW
manage purchase-to-pay processes to an efficient, one-stop solution
Logistics Enhancements:
Consolidating purchases into larger orders with staggered delivery dates hedges against inflation and shortens lead time
Financing Benefits: Attractive rates of around 5-7% p.a. to finance purchases up to 360 days
SERVICE OVERVIEW
finance purchases up to 360 days greatly reduces cost of capital
Scale Benefits: Aggregating demand can significantly cut costs of goods sold
HOW IT WORKS
1. PC Planning and Fulfillment Agree Procurement Schedule and Volumes with Client2. Single PO issued to Sertus LLC3. Client Opens Irrevocable 360 Day L/C to Sertus LLC4. Sertus LLC issues PO to Sertus PC Shanghai5. PC Shanghai Executes Contracts with Approved Suppliers for Quantities/Prices
Noted in Procurement Schedule6. PC Coordinates On-time Delivery to Forwarder of Goods from Approved Suppliers
(Evidenced by FCR)7. Sertus LLC Presents Documents to Confirming Bank for Payment upon Delivery to
Forwarder8. Client Pays Issuing Bank in 360 Days from FCR Date
Sertus offers a suite of additional services that can be added to your dedicated purchasing center account to help drive additional value to your
ADDITIONAL SERVICES
help drive additional value to your procurement activities. These include:QA ManagementQC Inspection ServicesFactory Evaluations & Supplier AuditsStrategic SourcingProduct DevelopmentDispute Resolutions…and others
CONTACT US
Call or email us today for additional
information:
.Sertus LLC
Tel. 305-215-3414
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