Product Solutions International, Inc. (PSI) specializes in customized programs built around the four critical pillars of new product development and sourcing:

1. Speed to market

2. Stock replenishment timing

3. Appropriate quality level

4. Total Cost

The Programs designed by PSI have successfully:

• Enhanced the performance of suppliers and internal team members

• Established or enhanced long term partnerships and strategic alliances

• Maximized the use of resources among sourcing partners

• Added value to new products

• Leveraged buying power

• Bridged gaps in culture, understanding, and development

• Reduced or optimized total cost

• Reduced manufacturing lead time

• Increased AQL levels of finished goods

Typically, the PSI program involves 3 Phases:

Defining what is needed. This includes:

• Investigation and research

• Identification and prioritization of needs and goals

• Assessment, rating, and ranking of current global factories

(by commodity and process)

• Review of the current concept through manufacturing documents and procedures

• Analysis

Determining how to best meet the need. This includes:

• Matching the needs of the client to the capabilities of the suppliers

• The introduction of new global suppliers (as necessary)

• Customized development of:

1. Supplier development programs

2. Supplier performance evaluation systems

3. Supplier management systems

Implementation, which includes:

• Processes which build quality into the design

• Streamlining development, pre-production, and production processes

• Enhancing communication

• Further negotiation and collaboration

(the transformation from supplier to strategic alliance)

• Creating, enhancing, or streamlining a system of checks and balances