China product sourcing and supply
The world we live in is constantly changing. We need to keep up with those changes to stay ahead of the competition. As a result, you need to always change your business strategies in order to save costs and profitability. Product sourcing from China is one of the best and most efficient long-term strategies of many successful companies. Topshipping with expertise in these field as well as shipping and logistics support, can give you the best advice.
Why product sourcing from China?
Your goal in global product sourcing may be to have your business already and now looking for a cost-effective supply chain. Or you just want to start a new business and you want to start it optimally and profitably. And after much research, you have turned to Chinese manufacturers.
It is true that you can also use local sourcing. But the cost of raw materials, labor and other supplies in China is much cheaper than at home. During this period, they have also shown their ability to produce quality goods to the whole world. So you can easily trust this strategy.
In this regard, first look at the stock of goods and your capital. Calculate how much you can save on costs with Chinese manufacturers. It is better to have a significant amount, otherwise it is not in your favor. Because the process is complex and requires careful planning.
Also, if your shipment is large, this is a good strategy sourcing process. Because it reduces costs. Also, in finding better price and quality, competition and options increase. But the small volume is not attractive to a reputable ones and they are not very willing to cooperate in this situation.
If this is the first time you want to experience importing from China and starting a new business, the type of product is most important to your success. First of all, what is the popularity of the goods in the destination country? Is the import of the desired goods legal there? Is it in high demand? Is it possible to grow and prosper with strong marketing?… These and similar questions are the ones you need to know before taking any action.
Product sourcing from China – Pros and cons
Product sourcing from China, like any other method, has its ups and downs. Your team should carefully consider whether this country is right for your products.
Saving money. For many years, China has been introduced as the main hub of quality and low-cost products. This allows you to increase your inventory capacity and order more. You can also use the money saved to improve the quality of service to your customers. If you find a reliable supplier sourcing, you will save 30-40% in costs.
More efficiency. There are incredible abilities and skills in Chinese factories. The reason is their very high and rapid production, which has made China so powerful. They have experience in producing and shipping any goods. And this experience is the most important feature of Chinese workers in their extraordinary efficiency.
Easy to find suppliers. There is a lot of variety and abundance of suppliers in the Chinese market due to the high demand. They offer a variety of product sourcing services with different qualities and costs. It is enough to know what you want, you will never leave empty-handed.
Diversify your business. Benefit from new Chinese ideas and skills and new products.
The process of product sourcing from China is a complex and risky process. So if you are not experienced or get help from a professional, it can be a bad experience for you.
low quality. The first thing that makes business owners hesitate is to buy a low quality product. Because it is very difficult to control their quality remotely. As a result, it is better to work with a freight forwarder company. They know a reputable supplier. Also, as your agent, they check the quality of the products from the beginning to the end. Always ask your supplier to send you a sample, before making the contract. In this case, you can carefully check its appearance and quality.
Language and culture barrier. China is a big country and each region has its own culture, and Chinese is a tough language. As a result, if you are unfamiliar with these two factors, you may have trouble negotiating. You can not explain your desires correctly and they will be misunderstood.
You need sourcing partner in China
If you are going to do the product sourcing alone, the result of your work has two modes.
- You know the right people in the Chinese market and you can easily do the production and transportation process yourself. You travel to China yourself and closely monitor everything. In this case, the possibility of error is still high. But you can expect a hassle-free process.
- This is the first time you want to work with the Chinese and you do not know anything about their language and culture. In this case, you will definitely face serious problems and damages. Because you can not communicate properly in negotiations and you have no familiarity with the export laws of that country.
But do not worry, a good resource specialist can easily get rid of all these problems. Topshipping basically tries to give you a better understanding of prices and how to provide services in China. Do not just look for cheap and low prices, but try to have a good and optimal purchase. We have years of experience in this field. Most of our customers are from America, Europe and we provide them with complete and comprehensive services. Topshipping has access to whatever you want.
We offer 360° services such as:
- Searching for competitive rates
- Finding the reliable supplier
- Cargo inspection
- Customs clearance