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There has long been skepticism about India's ability to meet international quality standards, compounded by concerns over the robustness of its supply chain and timely delivery. However, the 'Make in India' initiative launched in 2014 has markedly improved global perceptions of Indian manufacturing, drawing worldwide attention and bolstering confidence in India's production capabilities. Capitalizing on this momentum, Source One has strategically positioned itself to leverage this shift, promoting India's manufacturing potential and addressing historical concerns. The company specializes in serving a niche market of DIY and home improvement stores, offering a comprehensive range of products from building materials to home furnishings. This includes tiles, sanitary ware, doors, electrical fittings, builders’ hardware, hand tools, furnishings, home decor, garden supplies, and more. In this highly specialized sector, with only a handful of offices in India, Source One has emerged as a significant player.Today, Source One stands as a trusted sourcing consultant, leveraging government initiatives, adapting to market dynamics, and forging strong relationships with Indian manufacturers. The company has successfully highlighted India's manufacturing potential and swiftly adapted to the increased demand for diversified supply chains, especially during the COVID-19 pandemic. Through the strategic use of Free Trade Agreements, Source One ensures cost-effective and timely procurement, solidifying its presence in trade between India, Europe, and North America.
Source One's strong ties with Indian factories and strategic partnerships, including a major buying consortium with over 4,200 stores across eight countries, demonstrate its capability to handle complex and largescale sourcing needs. This proactive approach, coupled with strategic alliances, allows Source One to deliver exceptional value and navigate industry challenges with finesse.
Understanding Requirements to Delivery
Source One has established itself as a premier sourcing partner through a comprehensive engagement process that begins with understanding client needs and extends to delivering high-quality solutions. The founder's experience in leading the India team for some of the largest DIY retailers for five years has provided valuable insights into the operational systems of major international companies.
Source One’s success is rooted in adapting the best practices from these multinational corporations to suit the Indian market. Recognizing that benchmarks from countries like China or Vietnam aren't directly applicable to India, the company tailors these systems to fit local dynamics. This adaptive approach, coupled with thorough internal processes, ensures consistency and reliability, enabling Source One to effectively meet and exceed client expectations.
Sourcing Solutions & Unique Selling Propositions
Source One is renowned for offering comprehensive sourcing solutions tailored to meet the diverse needs of its clients through two primary
methods: Client Driven Sourcing and Proactive Sourcing. In Client Driven Sourcing, overseas companies submit a Request for Quotation (RFQ) detailing specific product requirements. Source One then identifies and procures suitable sources to fulfill these needs. Proactive Sourcing involves extensive research, including visiting exhibitions and evaluating key industry players. Source One audits manufacturers to assess their product range and manufacturing capabilities, introducing them to overseas clients only if they meet stringent international standards both socially and technically. These standards include SEDEX, BSCI, CE, UL, and RoHS, as well as emerging ones like EUDR.
Source One’s services encompass the entire supply chain, from sourcing to shipping. The company ensures compliance with international standards and conducts thorough product audits to maintain the highest quality.Regular interactions with testing laboratories in India keep Source One updated on standards and procedures, reinforcing their commitment to excel-lence.
By managing quality audits, inspections, and supply chain logistics, Source One provides a comprehensive, one-stop solution that ensures products meet required standards, minimizes returns and claims, and under scores their dedication to thorough compliance management, a proactive approach, and a track record of high-quality delivery.
A Competent Team of Seasoned Professionals
Source One’s success stems from its team of dedicated experts, each specializing in their field to ensure a professional, efficient sourcing process. This collaborative approach transforms the buying experience into one that is seamless, timely, and cost-effective. Their mission, encapsulated by the slogan 'The Right Link,' highlights their role as a vital connector between buyers and manufacturers. Additionally, their motto 'Doing it for the DIY' underscores their commitment to providing high-quality products and reliable service to the do-it yourself market. Source One’s unwavering dedication to excellence is further demonstrated by their long-standing client relationships, such as their ongoing partnership since 2007, which reflects the trust and reliability they have cultivated in the industry.
A Robust Roadmap
“Our vision is to capitalize on the shifting global dynamics and India’s strategic position,” says Vishal D. Rege, CoFounder of Source One. “As companies increasingly adopt the China Plus One strategy to mitigate political uncertainties in China, India has emerged as a viable alternative. Source One aims to be a key player in facilitating this transition, successfully relocating significant business operations from China to India.”
Looking ahead, Source One plans to attract more clients and encourage the relocation of manufacturing and procurement operations to India. The company has already made strides in this direction, notably securing orders from a major US tool company that moved its production from China. Vishal is optimistic about continued growth and the potential to bring more business to India from various manufacturing sectors. The future is promising for Source One as it continues to harness India's potential and expand its client base.
With the shift towards the China Plus One strategy, Source One is uniquely positioned to facilitate the transition, leveraging India's growing manufacturing potential to meet global sourcing needs
Source One’s services encompass the entire supply chain, from sourcing to shipping. The company ensures compliance with international standards and conducts thorough product audits to maintain the highest quality.Regular interactions with testing laboratories in India keep Source One updated on standards and procedures, reinforcing their commitment to excel-lence.
By managing quality audits, inspections, and supply chain logistics, Source One provides a comprehensive, one-stop solution that ensures products meet required standards, minimizes returns and claims, and under scores their dedication to thorough compliance management, a proactive approach, and a track record of high-quality delivery.
A Competent Team of Seasoned Professionals
Source One’s success stems from its team of dedicated experts, each specializing in their field to ensure a professional, efficient sourcing process. This collaborative approach transforms the buying experience into one that is seamless, timely, and cost-effective. Their mission, encapsulated by the slogan 'The Right Link,' highlights their role as a vital connector between buyers and manufacturers. Additionally, their motto 'Doing it for the DIY' underscores their commitment to providing high-quality products and reliable service to the do-it yourself market. Source One’s unwavering dedication to excellence is further demonstrated by their long-standing client relationships, such as their ongoing partnership since 2007, which reflects the trust and reliability they have cultivated in the industry.
A Robust Roadmap
“Our vision is to capitalize on the shifting global dynamics and India’s strategic position,” says Vishal D. Rege, CoFounder of Source One. “As companies increasingly adopt the China Plus One strategy to mitigate political uncertainties in China, India has emerged as a viable alternative. Source One aims to be a key player in facilitating this transition, successfully relocating significant business operations from China to India.”
Looking ahead, Source One plans to attract more clients and encourage the relocation of manufacturing and procurement operations to India. The company has already made strides in this direction, notably securing orders from a major US tool company that moved its production from China. Vishal is optimistic about continued growth and the potential to bring more business to India from various manufacturing sectors. The future is promising for Source One as it continues to harness India's potential and expand its client base.