Our buying house process identifies the vulnerabilities and risks in relation to your product and industry sector and we help mitigate risks by screening our suppliers and suggesting a clean and ethical procurement route. You can be assured of supplier commitment as all suppliers on the network are compliant to the Tadashie supply code of conduct and are moreover internally regulated by our ethical procurement programme where good practices are recognised, shared and rewarded. By choosing Tadashie as your buying house partner, your supply chain:
How does your process work?
See our How It Works page for more info.
What type of information will you need from me?
We will need you to provide full details on your existing procurement process in relation to your inquiry with any further details that we request based on a case by case basis. We can schedule a time where a member of our team will review the process so we get the full picture.
How do I share information with you?
You do not need to send us any details until a member of our team has contacted you and reviewed the entire process with you. We will then request specific information (if required) after a mutual Non-disclosure agreement is signed between the two parties. The process may include demonstration of our bespoke risk management solutions for managing some of your existing challenges.
Will you verify my information?
Yes. All information provided to us is verified to ensure we don’t go down a path, wasting time and money. However, in order to work with you we will only request your company information which will be validated to ensure we are working with a registered entity and have the basic compliance checks done.
Can we start right away?
It depends. If this is just the buying house services we can start as soon as we receive your requirements for the item/equipment/material. However, if it is a bigger solution that you are looking for in relation to your supply chain process we may need to review your problem statement in detail before we can have a customized solution configured for your consumption. However, the good news is that our solutions are highly configurable and enable us to manage any set of risk elements depending on your requirement as well as we can set risk appetite based on your level of tolerance.
How does your process work?
See our How It Works page for more info.
When does the scoping phase start?
Our onboarding team will email you a link to a client brief with questions regarding your solutions design. It is required that you fill out all the information requested, including uploading relevant compliance / Supply chain related data / records and answering questions listed to gather more information for your project. It is imperative that you answer these questions, even if the answer is, “I do not know.” Once you have completed our questionnaire, please lock in your answers. Our consultation / solutions / procurement team cannot start their work until you have confirmed that all of the information you have provided is completed. This allows us to work on possible options / solutions that are the best fit for you and we can prevent having to revise solutions / proposals, which can be frustrating for both you and our consultation / solutions team, as well as create delays in beginning the process.The Scoping phase starts once we receive a client brief from you and a $150 scoping fee.
If you require assistance to fill out the client brief, there is a fee for any consultation exceeding 30 minutes, which is based on the number of hours thereafter. Please note the consultation would be always virtual in this case i.e. through online video /audio call.
How can I add to the scope?
Once you lock in the answers on the client brief, it is recommended not to make any changes so that we can prevent having to revise solutions / proposals, which can be frustrating for both you and our consultation / solutions team, as well as create delays in beginning the process. However, if it is necessary, you can request a revision at any time during the scoping phase and Tadashie reserves the right to charge a revision fee for the extra labor necessary to fulfill the request. The amount will depend on the extent of rework and will be advised to the client. The rate may vary between $50 -$70.
What is expected in this Phase?
During this phase, we identify the requirements for your compliance / supply chain / procurement needs and compile an organized plan dictating the steps needed to be completed, along with a cost associated with the activity.
How long will this phase last?
Depending on the scoping work, a proposal is likely presented to you within 2-4 weeks from the time you locked in your answers on our client brief. However, this process can take longer than 2-4 weeks, however shall not exceed 60 days.
If the client is not satisfied with the proposal, what are the next steps?
Tadashie makes every effort to provide more than one possible solution proposal. This sometimes is not possible due to either your unique situation or the country you are looking to operate in and the feasibility of the project and its objective. If we are only able to develop one solution proposal and you feel it is not a good fit for your needs, we can explore working on other alternatives or for proposals or adjusting the scope of the project.
The $150 scoping fee is non-refundable unless we fail to provide proposals within 60 days of the time you provide your existing data / records and answer any questions our Onboarding Team sends to you.
Generally, when we are unable to provide a solution proposal (or proposals) within that time frame, it is because the solution is not possible or the desired objective is not feasible. In this case, Tadashie experts will provide you with insight and recommendations for your next steps.
How does your process work?
See our How It Works page for more info.
When does the execution phase start?
Once we receive a signed and approved Execution Contract from the client, the execution phase begins. This is accompanied by the release of a work order to Tadashie by the client and advance payment in part or full depending on the terms and conditions of the contract reached between Tadashie and the client. All agreed client requirements will be detailed in the work order and will be followed as per the terms and conditions set out in the final contract.
How can I add to the scope at this stage?
No addition to scope is possible at this stage. Any addition of scope will follow a new cycle and start at the review phase. For practical purposes, however, the review stage may be omitted and the consultant may decide to jump right into scoping. Records and documents of all stages are to be maintained by Tadashie team.
How does your process work?
See our How It Works page for more info.
When does the pre-execution phase start?
When all client requirements as per the work order document has been undertaken by Tadashie, the execution phase is concluded. The next stage is post-execution, where the client can choose to monitor or review suppliers being utilised and receive alerts for specific risk areas . This phase remains ongoing till the client decides to terminate the contract with the suggested Tadashie supplier/s.
Scoping
Proposal
Virtual Consultation
Conduct due diligence on potential business transactions including agents, business partners, subcontractors, suppliers or individuals. We customize your reports to further enhance the level of investigation to be undertaken based on your selected risk areas and industry requirements.