At Grand Ocean Company we are committed to sourcing products you can trust. Together the team shares more than 6 languages which we use to connect directly with our suppliers. We source around the world, depending on price and availability. Our expertise and logistics network allows us to ship goods from anywhere across to globe.

In order to ensure quality products and decent suppliers, we conduct a thorough due diligence process. Issues related to the environment, social welfare, and governance are taken seriously.

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Sourcing in procurement is defined as a process to find, evaluate, and engage suppliers based on set criteria to achieve cost savings and best value for goods and services at a price point & terms that give the required margin to positively affect the company’s bottom line. The sourcing process is carried out using a tendering process and is applied at tactical and strategic levels with the intent to create distinctive value by finding the most appropriate suppliers at the lowest cost to gain a competitive advantage.

 

In most organizations, the process of sourcing products or services is the first step in the supply chain process. Sourcing involves finding a balance between the quality of products and raw materials required and affordability. The goal for most procurement teams is to spend less and increase the bottom line.
 

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