Rencol
216 - 218 Southmead Road
Bristol, BS10 5EB
England
Client Quote:We view Smart Sourcing
as a true business partner and not just another vendor.
They followed through on every step of the outsourcing
process and maintained constant communication to ensure
us that everything was going as planned. We were impressed
by their thorough vendor certification process and their
network of over 80 core vendors in China. We are extremely
pleased by their efforts and hope to continue our long
term partnership with SSI.
Rencol Designs and manufactures high quality handles
and hand-wheels. UK's No. 1 specialist in this field with
more than 75 years experience.
Business Climate: Rencol had lost between
USD $200,000-250,000 in 2004. Competitors were gaining
market share by undercutting price and the company needed
a strategy to move forward.
Objective: Bring the company back to profitability
by cutting costs and improving overall operations.
Partnership: Smart Sourcing began working
with Rencol in the beginning of 2005. After a thorough
analysis of the company, SSI began the transfer of manufacturing
operations overseas to China.
Outsourcing Services Provided:
Source selection and coordination
China manufacturing including injection
molding, pad printing, hot stamping, silk screening,
engraving, and hand painting
Reduced the size of their facility
and consequently lowered overhead costs in the area
of personnel, light, heat, and power
Cross trained employees both the
in UK and in China
Sold equipment to generate additional
revenue
Continual customer service
Value Created: Rencol
turned the corner into profitability in February of 2006.
