In today's global economy, the changing geopolitical narrative makes yesterdays Low-Cost Country Sourcing (LCCS) strategy from China obsolete. Many companies who source from China, now find the current tariff war between China and the United States has upset that countries LCCS value proposition.

Novaquest International Procurement Office in Taiwan can help clients realize the advantages of sourcing from Taiwan, streamlining processes and mitigating risks thus saving clients both time and money.

International sourcing through Novaquest is a strategic opportunity to source from limited and less expensive sources, opening new markets, acquiring innovative materials and technology, while navigating complex and changing tax and tariff policies.

Novaquest specializes in technology, automotive, and manufacturing industries.

1. Offshore office that is used to procuring manufactured goods, equipement and materials.
2. Intermediary between the buyer and supplier, while also evaluating supplier performance. Evaluating and selecting the correct supplier is an incredibly important responsibility that the IPO serves.
3. Able to ensure supplies arrive on time, in the correct quantity, in an acceptable quality, and are appropriate per cost identified.
4. Managing negotiations we are able to reduce cultural gaps between suppliers and buyers. Important to improving processes and procurement practices requires a good level of trust between supply chain partners. Cultural differences can create tension that can affect buyer-supplier performance, and this is where having a local office helps alleviate concerns.

Our International Procurement Office provides:

• Experienced, skilled and effective local sourcing
• Reliable suppliers cultivated through relationships
• Timely risk mitigation and tempered resiliency
• Methods to protect your Intellectual property
• Navigation of local government regulation and procedures
• Intrinsic knowledge, understanding and respect of local culture
• Provide tailored international logistic solutions
• Independent quality management resources
• Technical resources to support supplier qualification