SPEED TO MARKET
Does the success of your business depend on developing and selling furniture that your customers are looking to buy, NOW? Then understanding Time-to-Market (TTM), also called Speed-to-Market (S2M), and its impact on your business is crucial.
TTM is the duration of time it takes from a product being conceived until it’s being available for sale. This includes the ideate, design & test cycle, sourcing and procurement, fulfillment, and eventual launch. Also known as Speed-to-Market, the concept is a key factor in determining the success or otherwise of your Product Strategy.
The ability to reduce the Speed-to-Market for new products is a key differentiator identified in high performance homeware retailers. This is because the novelty and profitability of any new product rapidly decreases if not launched on time or when copied, so releasing innovative products to your customers before your competitors is crucial in increasing margins, growing market share and improving customer loyalty.
Our Client Partners equally understand the Cost of Delay to their business when Products are not launched on time or fail because of poor quality or design. We fully address your concerns and needs by reducing the time to market for product innovations but with the highest quality guaranteed. As we call it, Speed to market is really all about transforming ideas into products faster, better and cheaper. An effective Product Development Process that reliably allows you to predict the “time-to-market”, enhances the effectiveness and efficiency of launch plans.
Outperform your competitors with Sourcebynet’s Industry leading 180 Day TTM guarantees!
*180 Days from Concept to FOB.
PRODUCT DISCOVERY TO RETAIL SUCCESS
‘’A dynamic development process is one that constantly progresses’’
The secret to win in an increasingly market is for you to deliver new product innovations on time, on budget and within specification. To achieve this, you will need an external supplier with high performance product development skills that can be relied on to deliver the project goals without requiring resource intervention or unnecessary expense from the company.
Sourcebynet is here to fill the missing gap you need. Our Dynamic Product Development (DPD) has been fine-tuned over the past 20 years, having brought to market over 5000 different articles of furniture & flooring, many of which are Top Performing Long Life-Cycle (LLC) products for our Client Partners. This is only possible because we started with listening to (OEM) or anticipating (ODM) the new product needs of our clients.
You can be rest assured that our key account managers are extremely passionate product innovators with in-depth market knowledge. They will be working closely with our Design Services team to define the scope of the Product Development project
Where does all the ‘’magic’’ happen? We know so much about the Technical and Design requirements of the Product and Packaging, your SCR and Compliance standards, that the process becomes Dynamic, rather than Step-by-Step, or gradual. Iterations are happening real time rather than having to refer to our Client Partners for confirmation on different decision points, which is a drag on their resources and focus.
If you want to reduce the Time To Market (TTM) for new products and minimise the Total Cost of Development, don’t hesitate anymore but contact Sourcebynet and let us discuss your next project.
Sourcebynet has always believed that it’s always been more than just design but about creating commercial viability for a specific customer. We dedicate a huge amount of time, care and attention into making sure that every single detail of our range is spot on. The result is what every customer loves and desires for – A fantastic looking furniture that lasts.
We are a bunch of innovators that offer innovative solutions which commercially delight our customers and enable them to better differentiate from their competition. You will be working with a highly trusted team of product consultants and partners who are deeply passionate about furniture and home . With us, you can ‘’get the look for less’’ as we are supported by both internal and external design resources. In our design, we integrate an understanding of functionality, practicality and durability.
We Bring Value
We know that VALUE MATTERS so our purpose has always been to strategically negotiate the best value for you, our customer.
Value is not just price but the optimum package to delight our customer, including delivery promise, quality assurance, innovative design and even flexibility. We are constantly visiting the furniture shows, tracking market trends, developing new designs and innovative commercial solutions that will make a difference.
Prices you can’t resist
We deliver you prices that are not normally available as we are in the position to leverage the combined buying power of our non-competing customers and ongoing purchasing power. Having invested significant time and resources to grow our supply partners, we are able to deliver the breadth of our customer’s needs while also giving us “first in” prices our competition cannot achieve.
Widest range of ‘’Retail Ready’’ Furniture
Sourcebynet has the widest range of styles, materials and manufacturing capabilities to furnish your dreams into reality. We know the style, price point, design, form, function that our customers need to achieve high margin sustainable sales — we deliver furniture that sells and consumers love.
QUALITY GUARANTEED – TOTAL QUALITY MANAGEMENT
Sourcebynet takes quality so seriously that everyone in our organisation is accountable to ensure quality. We are dedicated to delivery specific quality needs and over 50% of our headcount are qualified quality experts.
We are proud to inform our clients that we have well trained engineers and inspectors physically on the ground in Asia representing SBN in all our factories. This gives us instant visibility on production performance and allows our well trained team to inspect product to Western product requirements.
Our customer promise: ‘’Every shipment is inspected by Sourcebynet QC Inspectors’’ Each of our inspectors are highly trained to understand our individual customer’s quality standards and ensure that they are delivered. We also have the detailed “SBN standard” which is available to customers who may not have documented their own requirements.
On key lines, SBN invests in technical production management experts to help the factories set up their lines in the most efficient way. This is to help them keep their costs low, so that our customer gets the very best price. With our extensive in-house testing capability that is reinforced with external tests, you can be assured that we get it right the first time and, therefore, on time, every time.
SPOC – SINGLE POINT OF CONTACT
Here is how we are helping our client partners:
1. Reduce fixed Operating Costs: With just 1 supplier you will get hundreds of production facilities and thousands of products
2. Improving Company Focus: We get the job done in Development and Sourcing to free up our customers’ resources
3. Gain access to a world Class Network of capabilities
4. Minimise risks associated with “offshore” sourcing
We are “local” to our Customers by providing focused support:
1. Product Development.
2. Market Updates.
3. Sourcing and Operational Reporting.
4. 7DAY Claim Resolution.
Our purpose is to strategically negotiate the best value for you and in SBN, we are proud to represent the customer and remain at arm’s length from our broad supplier network.
WE PRIDE OURSELVES ON GOING ONE STEP FURTHER THAN THE COMPETITION.
In all geographies, we evaluate our suppliers and then invest time in proactively coaching them to find ways to reduce the environmental impact of the production processes and to improve the working conditions of the labour force.
The environment is an area of our concern and SBN has an advanced Timber tracking system that tracks shipment to each batch of forestry and identifies immediately when a new certification is required. SBN does not treat environmental footprint lightly and we have invested time to become fully FSC certified. We are happy to share that we are now certified to purchase and sell FSC products.
Discover The Future Trends Of The Furniture Industry.