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ACE Technology found high quality parts and reduces the lead time

Finding qualified suppliers for custom parts and components is often like playing a game. Especially in these economic times with many manufacturing companies having gone out of business, finding competent suppliers that have the right capabilities and capacity can be a difficult task. Even if there are a variety of ways companies have traditionally found suppliers including on and offline directories, trade shows, search engines and advertisements, it is not easy to find proper suppliers exactly matched to our needs.

Even though we found suppliers by using the traditional method, their lead time was often as long as a few months. So, we were always looking for a platform to source their new parts and components as well as discover quality suppliers who would partner with them in reducing overall costs and minimizing lead times.

We currently use GOBIZKOREA.COM for almost all new parts orders. After submitting an RFQ to the Marketplace, we receive, on average, 6 – 10 qualified Supplier responses. From there, the sourcing platform makes it easy to compare quotes to baseline and target pricing.

Moreover, as GOBIZKOREA.COM provides “BUSINESS MATCHING SERVICE(BMS)”, we can contact more reliable suppliers, which we are looking for, through BMS.

Thanks to GOBIZKOREA.COM, we can save our time and cost as well as developed new long-term supplier relationships and successfully diversify supply base.