Case Studies

Rencol
216 - 218 Southmead Road
Bristol, BS10 5EB
England

Client Quote: We view Smart Sourcing as a true business partner and not just another vendor. They followed through on every step of the outsourcing process and maintained constant communication to ensure us that everything was going as planned. We were impressed by their thorough vendor certification process and their network of over 80 core vendors in China. We are extremely pleased by their efforts and hope to continue our long term partnership with SSI.

Rencol Designs and manufactures high quality handles and hand-wheels. UK's No. 1 specialist in this field with more than 75 years experience.

Business Climate: Rencol had lost between USD $200,000-250,000 in 2004. Competitors were gaining market share by undercutting price and the company needed a strategy to move forward.

Objective: Bring the company back to profitability by cutting costs and improving overall operations.

Partnership: Smart Sourcing began working with Rencol in the beginning of 2005. After a thorough analysis of the company, SSI began the transfer of manufacturing operations overseas to China.

Outsourcing Services Provided:

  • Source selection and coordination
  • China manufacturing including injection molding, pad printing, hot stamping, silk screening, engraving, and hand painting
  • Reduced the size of their facility and consequently lowered overhead costs in the area of personnel, light, heat, and power
  • Cross trained employees both the in UK and in China
  • Sold equipment to generate additional revenue
  • Continual customer service
Value Created: Rencol turned the corner into profitability in February of 2006.

 

 

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