You are here:Home/Case Study – Leading Marine Product Manufacturer
Leading Marine Product Manufacturer Saves $350K Annually, Achieves 365% ROI
Years ago, an industry-leading marine product manufacturer in the United States initiated sourcing in China to improve margins in highly-competitive, price- sensitive markets.
Frustration was high with Chinese suppliers, where loose relationships and a haphazard approach were not generating results. So when a mature product line required design changes and a new set of tooling, company leaders turned to Baysource Global for help.
Serving as a bridge between the client and supplier, Baysource Global:
Researched and scrutinized development and manufacturing suppliers with aligned interests.
Selected the best supplier with plastic injection molding experience.
Sourced high-quality component substitutes.
Collaborated side by side with suppliers and the client to navigate design and mold changes.
Resolved issues related to incremental design changes as the product moved from development to production.
Created and executed a testing plan for quality control.
Transitioned to ongoing quality assurance oversight, which continues to this day.
A high-quality, cost-effective solution was developed and accelerated through development and production in just six months, resulting in a 35% annual savings totaling $350,000.
Reduced costs 35%
Achieved 365% ROI
Met goals for time to market
Delivered a high-quality solution in under six months
“We’re saving $350,000 annually thanks to Baysource Global.”