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Discover Global, LLC
5699 Webb Road
Austintown, OH 44515
Ph: 330-270-2500
Fax: 330-270-2502
info@discoverglobal.com
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Favorite Asked Questions
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How much will I save sourcing from Asia?
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| For example if the part price for a component cost $30 in the U.S. it may cost $14 or less (FOB a port) if made by an Asian factory. Shipping cost (by boat) and other fees normally account for 10% of the cost. If the annual volume is 100,000 parts per year, you would save about $1,460,000 a year for this part. |
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Why outsource to Asia?
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| The growing trend, for labor-intensive products, is to source them from Asia. If you don't do outsourcing in Asia, your competitors will do it and offer prices to your customers at 20 to 40% less than they are currently paying you and may quickly lose customers. Most Fortune 500 companies are already successfully sourcing products from Asia. If your company wants to be a supply chain leader, it is hard to imagine that it wouldn't have a sourcing strategy in Asia. |
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What are the best products to source in Asia?
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| The higher the labor content in a product the more you need to look into Asian manufacturing. All we require is a set of specifications, engineering drawings, and product samples and we can source your product quickly at a very low cost while maintaining high quality. |
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Why should I partner with Discover Global?
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| Conducting business halfway around the world can be difficult and challenging in many ways! Some of the challenges to conducting successful business with Asia include the risk of entering a new region where you have no experience and no physical presence, cultural and language barriers, lack of market knowledge, no local contacts with governmental and business authorities, absence of on-site personnel, and the difficulty in understanding government policies, and legal, tax, customs, and regulatory issues. |
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| Many companies may think that going direct to an Asian manufacturer would result in a lower price than that which they could get working with Discover Global. However, many companies that do not fully understand Asia fail in pursuing their Asia Strategy after spending considerable time, money and energy traveling back and forth to Asia, they find themselves months or years later still lacking a strategy, plans and results. |
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| Discover Global brings years of Asia manufacturing experiences, resources, local knowledge and physical presence to reduce your risk and ensure success from the start. |
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| Our specialized staff speaks the languages, understands the bureaucracies and is familiar with the local laws, tax, and customs regulations. We have contacts on-site in Asia, a network of qualified suppliers and knowledge in Asia to get things done. |
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Do I need to go to Asia myself?
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| For functional purposes you would never actually need to go to Asia. Many businesses consider it prudent to have first hand knowledge of their manufacturing, but Discover Global has on-site staff to manage new product development and handle any problems if they occur. If required Discover Global offers a service to escort established customers to visit their suppliers in Asia. We will arrange the entire trip so you just need to show up at the airport. |
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How do I get started?
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| Select a few high-volume, labor-intensive parts for sourcing. Preferably the parts selected are presently produced domestically, either in-house or by a current supplier. You should evaluate the total cost of your products to make sure you have a good understanding of the complete cost of the item to be sourced, including labor, overhead, raw materials, packaging, freight, etc. |
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| Forward two copies of the specifications, blue prints etc., along with samples to Discover Global by mail, fax or e-mail. We prefer metric measurements, but can work in English units if required. Extremely complex and detailed blueprints and/or poor quality originals should be mailed rather than faxed. |
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| We will contact you to discuss information, such as engineering drawings, annual usage, quality concern, present product pricing, and target price that might be beneficiary to the evaluation. The more accurate your information, the better positioned Discover Global is to negotiate the lowest possible price for you. Keep in mind that you are our customer and we are working directly for you, and hope to do so for a long time. Our price quotations are designed to foster long-term relationships with our customers. |
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What can I expect for delivery time?
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| This depends on the type of manufacturing process and the tooling involved. For example, a die casting part, depending on size, tooling generally is produced in 4 to 5 weeks. Once tooling is complete a sample will be supplied to you for your approval. Once the sample is approved, the product lead time is typically 4 to 6 weeks depending on order size. Discover Global has a formal detailed new product development process that has a proven track of success with launching products in Asia. We work with you during each step of the new product development process and will keep you informed of during the whole process. |
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