This model is similar to the Cost-Plus approach, but with added procurement support—we operate as an outsourced purchasing department for our customer. We manage the entire sourcing process, including gathering quotations, reviewing specifications, vetting vendors, ensuring quality assurance, and handling documentation.
All quotations are compiled and presented to the customer, who retains full control over the final purchasing decisions. Once approved, we handle the purchase and supply the goods with a pre-agreed markup and payment terms. This model helps customers eliminate indirect procurement overheads, reduces internal workload, and provides a highly flexible and scalable solution.