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TJM Sourcing has been operating throughout China for the past 20 years. We have 'on the ground' resources in China, India and Mauritius primarily sourcing manufacturers for brands and retailers in the US, Australia and other countries including Israel and the UK.
Our core competency is apparel and we are very strong in assessing risk (both operational and financial) for our customers. If required, we can also undertake a price check analysis on our customers existing manufacturing resources to make sure that they are 'paying the right price'.
Our family of factories have impressive resources, from equipment, to facilities to capability to eco friendly and organic capability to various International Standards of Certification.
We act in a number of ways for our clients:
1. We source factories that match our client's needs, i.e. matchmaking their needs with our factories capabilities. To do this we need to hear our customer's needs. Some clients have specific requirements (e.g. ISO certification), some have none and overlaid with these, we have our own standards. We will never deviate from our acceptable standards to recommend a factory in order to make a 'marriage'. It is our company philosophy. This service is free to our clients as the factories pay us. This system is of benefit to our clients in that the quoted price is the 'quoted price'. No hidden commissions are the undertone here.
2. We carry out price comparisons for our clients to make sure that they are paying the 'right' price from their existing manufacturing resources. When was the last time you undertook an independent price audit to determine if you are paying the right price?
Another service that sets us apart from other sourcing companies is that aside from our core sourcing competency, we also offer an independent audit of our customer's off-shore operations with a thorough Risk Assessment report.
Warren Buffet famously said that "risk comes from not knowing what you're doing".
Currently in the USA, one in three buyers are working with troubled manufacturers.
Angela Cardenas says: The comment "they just disappear" describes the complacency I am seeing around supply risk. We need to do a better job keeping tabs on our suppliers - watching their financial statements and managing relationships - and developing partnerships. If the bankrupt suppliers are single sourced, how will you satisfy your customers? Struggling suppliers can take your business down with theirs...
Risk management represents the process of measuring or assessing risk and then developing the right strategies. More often than not, companies do not use these strategies.
We complete a Risk Assessment report for each of your factories and give you an overall picture of the potential problems that may arise. These reports can be updated as often as you require, keeping you abreast of major changes to your suppliers business and therefore identifying any potential problems before they can impact your business, allowing you to manage this risk pro-actively.