• Elksourcing:How to Work with Your Chinese Sourcing Partner?

    Elksourcing:How to Work with Your Chinese Sourcing Partner?

    Hiring a Chinese sourcing agentcan make things easier if you decide to import goods from China. But you need to learn how to work with them, to make your sourcing business smoother. Here are four tips to help importer obtain quality products from China, especially for the importers who source products from China for the first time. Tip 1: Know Each Other Before Paying Any Money to China, Both Partners and Suppliers Make something as a rule before working with a sourcing partner in China. Business license, contact person, and company profile are important documents, make sure you have them on hand before going forward. (1) Contact information (Contact person, Email, Phone, and Address). (2) Copy of business license. (3) Company profile (Documents, Website, and Product Catalog). If you are looking for a strategic supplier in China, you also need to audit the supplier before sending any money to China. You can hire a third-party company to audit it if you can’t visit…

  • Elksourcing:5 Steps to Realize an Idea to a Product in China

    Elksourcing:5 Steps to Realize an Idea to a Product in China

    So, you have an amazing idea for a product that you know will do well on the market, but are wondering what the next step is to bring this idea to life. This article will show you how to go from start to finish by explaining the steps to take to go from an idea, to producing in China. Step 1 – Creating Engineer Drawings and a Prototype You need to get this idea made into engineer designs and a prototype. It is crucial you get both done; it can be difficult to manufacture a product without an engineer drawing that has tolerances, material, and finish requirements. You need a prototype so you know your product is functional and looks good. You can do this in China, but it is not easy. Communicating with an engineer in China over different time zones can be difficult enough, but when there is a…

  • Elksourcing:Why You Need a Sourcing Agent in China?

    Elksourcing:Why You Need a Sourcing Agent in China?

    Manufacturing industries and business houses are increasingly relying on global destinations aided by sourcing companies for factor resources. The involvement of these companies is significant considering the global nature of commerce nowadays.  1.Conducts an initial research This is the first stage where you decide what your primary activities are, what are the needs of your clients and who your competitors are. These steps help you to determine your business goals and your position in the market. You and your sourcing partner need to design a business plan to determine the performance measurement system and primary work strategy. 2. Evaluate supplier and market  Your sourcing partner, which offers global sourcing service helps you to make a supplier selection benchmark. When you have the list of criteria, you can make further changes in the sourcing strategy and determine the final cost. Given the fact that you already have information regarding clients and prospective markets,…

  • Elksourcing:What Can a Sourcing Agent Do for You?

    Elksourcing:What Can a Sourcing Agent Do for You?

    It’s a good way to find a sourcing agent to help you for importing from China, especially when you are new to your importing business. What can a sourcing agent do for you? What is China sourcing agent fees? Below are some key aspects: 1. Services Sourcing agents offer a catalog of services for you. Agents and traders charge you for just the facilitation of a manufacturer relationship. Sourcing agent fees is charged with a more holistic, service-based approach to your procurement. 2. Cost-Efficient Sourcing agent fees is usually not a percentage based on unit quantity. Rather, sourcing agents usually cost a flat fee per product (not per unit). These flat fees help you better calculate your monthly costs for sourcing with little variation. This flat fee is also a lower-cost option overall, allowing you to maintain your margins and revenue. 3. Transparency You have control over your own supply chain. You are…

  • Elksourcing:What Kind of China Sourcing Agent is Good for You?

    Elksourcing:What Kind of China Sourcing Agent is Good for You?

    The first issue you want to look at is the China sourcing agent’s location. The closer the people who manage your project to you, the easier the communication will be. When both of you work in the same time zone it is easier to find a time during the day to speak and a face to face meetings are easier to arrange. On the other hand, an agent that is close to you is far from the factories, and all the advantages I just spoke about become the disadvantages of the communication between the agent and the Chinese suppliers. In addition, if the people that run the sourcing agency are close to you, but in terms of experience and culture background are far from the Chinese suppliers, then that together with the physical distance will create a communication barrier. Some of the important advantages of a China-based agency management is that they have…

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