Importance of China Sourcing in the International Market
PPT Presented By: http://www.dragonsourcing.com/
Why China for Procuring? China Sourcing has the cheapest labour cost throughout the world. It has vast territory of natural resources. Products manufactured in China undergoes strict quality control mechanisms. Product inspection and testing the products before their release in the market. Quality assurance is another factor which make China the dominant market for procurement.
Guidelines in sourcing from China Proper background checks needs to be done on the supplier making your product. If you are not looking for big quantity of items then you can choose a smaller factory to manufacture. Define the specifications you want and what you expect to receive on delivery. Conduct quality inspection before and during the production process and delivery Business in China is done face to face so it will be better if you visit the country. Do a good research on the topic before sourcing from China.
Common mistakes made while sourcing from China Lack of well-defined strategy in identifying suppliers, verifying suppliers and managing quality control. Lack of well-defined standards, companies may say something initially but not deliver up to the standard. There is not proper protection for payment and quality. No written contract. Ignorance of the laws of foreign countries.
List of items that can be procured from china Electronic equipment Technical equipment Machines, engines, pumps Vehicles Furniture, lighting, signs Clothing Plastics Gem and precious metals Iron or steel products
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Dragon Sourcing Shanghai Suite 1502-1503, Jin Tian Di International Mansions 998, Renmin Road – Shanghai, 200021, P.R.China Tel: +86 21 61 41 39 55 Fax: +86 21 61 41 39 66 Email: contact.asia@dragonsourcing.com
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