In today’s competitive market, businesses are always looking for ways to cut cost without sacrificing quality. One of the most effective – yet often overlooked – strategies is leveraging strong local relationships and a trusted vendor network.
We recently helped one of our customers successfully reduce production costs for a garden product manufactured in Vietnam. The original plan involved sourcing materials like wood handles/rods and glass fiber tubes (made from pultruded fiberglass) from China. However, our Vietnamese vendor wasn’t aware that these same components could be produced locally at a lower cost.
Thanks to our well-established local network, we connected our vendor with reliable Vietnamese suppliers of both wooden handles and glass fiber tubes. These domestic sources offered better pricing and eliminated unnecessary import costs – a smart way to cut cost in both procurement and logistics.
The Value of Local Insight and Strong Relationships To Cut Cost
Doing business in Vietnam – or any market – goes beyond finding a factory. To truly cut cost, businesses need local experts who:
- Understand the vendor landscape and current market conditions
- Have a technical grasp of product engineering and price breakdowns
- Maintain strong, long-term relationships with trustworthy suppliers
With the right local partner, companies can avoid common pitfalls, identify cost-saving opportunities, and negotiate better terms. It’s not just about price – it’s about knowledge, trust, and access.
By using relationships strategically, you don’t just source better – you cut cost smarter.
To know more or further support, please find us HERE
