|
Importing from China Whatever you plan to import, you’re likely to find a long list of potential suppliers, all eager to do business with you.
China is a vast country. Its workforce is nearly 5 times larger than that of the USA. And at the current breakneck pace of industrial growth, new manufacturing operations are springing up there all the time.
Inevitably, some Chinese suppliers are more trustworthy and competent than others. And as in any booming economy, weaker businesses can go bust just as suddenly as they appeared in the first place.
When choosing your supplier it’s worth bearing in mind that supply chains often take months to set up. That means that sudden disruptions for whatever the reason can be very costly.
These matters aside, each of China’s many different regions is has its own rules and regulations, which can affect quality, price and efficiency. Factors such as local taxation, transport costs, infrastructure and governance all play their part.
Keep Your Options OpenWhen sourcing goods it pays to opt for more than one supplier. This will be a big help when it comes to bargaining and will also give you a backup should your first choice fail for any reason.
Supplier Short-Listing and Suitability ReportsWe help you shortlist suppliers, providing a detailed report on the strengths and weaknesses of each candidate.
How do you negotiate the best terms?When it comes to negotiating fair terms of a supply contract you’ll need specialist knowledge of ‘the system’ to get the best results. You’ll also need to understand the Chinese business mindset and a have feel for pricing in order to know how far you can push on key terms.
As a client of Red China Business, we put our in-depth working knowledge of Chinese trade practices to work for you. We’ll negotiate details such as shipping costs, delivery time, responsibility for customs tariffs and quality control procedures.
Quality ControlIt’s increasingly common to employ a 3rd party quality control overseer to check your goods before they leave the factory gate. Doing so will help you avoid the frustration and expense of a substandard delivery. Red China Business has a network of reliable, experienced quality control partners strategically positioned across the country, who can be contracted at reas
|
