Gift case study background – large bank • Sourcing conducted for one of largest european bank • Current sourcing volume equals €3 million/year, more than 100 items in catalogue • Single sourcing relationship with full service provider – Sourcing in China – Inventory management – Order processing and logistics • Client concern was DDP price paid given lack of transparency and knowledge about competitive price levels in China • Dragon Sourcing’s approach: full benchmarking of ex-works and DDP prices for representative sample of catalogue
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