Local Sourcing

Transport costs:

Sourcing locally significantly reduces transport costs. Oil prices fluctuate which means it can be harder to keep a handle on your transport costs and overall spending. Getting your products and materials you need for your organisation locally, will help to reduce transport costs and less money used for logistics.

Reduced supply chain risks:

Local sourcing helps to reduce supply chain risks as supply chains are often shorter when choosing to source locally.

- Lead time are often shorter, meaning any urgent requests can be dealt with. It also helps to reduce environmental impact by the reduction in emissions.

- Sourcing locally helps to avoid exchange rate risks, meaning you’ll be certain of the actual price to be paid.

Greater control:

If your suppliers are far away, it can prove difficult to monitor them. Sourcing locally helps to continuously monitor your supplier’s performance with regular site visits and a chance to meet them ‘face to face.’ This helps to improve supplier relationship and improve transparency across the whole supply chain.

Good for the community:

Sourcing your products and materials from local manufacturers and suppliers will give a huge boost to the local economy.

Sustainability:

Sustainability issues are constantly being thrust into the limelight and sourcing locally can help drive out environmental issues such as our carbon footprint. When opting to source locally, it helps to reduce our carbon footprint as we are no longer reliant on goods manufactured abroad.

Agile:

Local sourcing allows your organisation to be more agile. With shifts in market demand, sourcing locally can help you to keep up demand as there are shorter lead times.

Brand reputation:

Today, consumers want to know where their goods are coming from and increasingly, want to buy locally. Transparency can improve your organisations reputation as you are using local suppliers and manufacturers, which help to improve the local community.

Specialist products:

If you require a specialist product, it can be much easier to source locally. Having your supplier or manufacturer locally can help to facilitate visits to their site where you can explain requirements and valuable information face to face.