• Elksourcing:How to Qualify a Sourcing Agent?

    Elksourcing:How to Qualify a Sourcing Agent?

    More and more importers realize the benefits of a sourcing agent; however, they do not know how to qualify a good sourcing agent. In my opinion, below 4 points are the most important areas you need to focus on. 1) Communication: Fluent English, High Efficiency A good sourcing agent must have a strong command over English in both writing and speaking and should be able to communicate with you smoothly by phone and email. Smooth communication is the foundation that helps develop cooperation and seamless workflow. Ability to communicate fluently and confidently in English also reflects that the agent can be trusted to carry out his tasks efficiently and with ease. On the other hand, if your sourcing agent’s English is weak, it will only cost you time as you will have to communicate your requirements time and again until he understands them correctly. A good sourcing agent must also be highly…

  • Elksourcing:Factors about Choosing a Sourcing Agent

    Elksourcing:Factors about Choosing a Sourcing Agent

    Global sourcing companies give necessary advice to organizations regarding the successful implementation of their sourcing strategies, among that, selecting a sourcing agent that fits your needs and preferences is very important to your success. Consider the following factors before selecting a sourcing agent for your business. 1. Knowledge of Sourcing Agent This is the first and foremost aspect you should focus upon. The sourcing agent you choose should possess solid knowledge of the items they deal with. Problems may arise in technical or electrical products as the sourcing company needs to be aware of the specifications. If your hired sourcing agent does not know the technical specifications relating to your product, it can prove to be futile for your organization. It is advisable to hire a sourcing agent that has enough professional experience in handling the same type of products. Furthermore, your selected sourcing company should also be familiar with the production…

  • Elksourcing:Benefits of Using a China Sourcing Agent

    Elksourcing:Benefits of Using a China Sourcing Agent

    Finding a reliable supplier is one of the most important matters in starting an import business. However, it is uneasy considering you stay at the other part of the globe. So, it is advisable for you to use a sourcing agent to help you find the high-quality suppliers you need.  The following are the main benefits: 1.    They can personally visit the factories and check the quality of the products. 2.    They can help you choose the right products and the best supplier based on your specifications. 3.    They negotiate prices with the supplier. 4.    They do quality control. 5.    They provide logistics and shipping support. 6.    They speak the same language the suppliers do and they know the culture by heart thus there are almost no communication barriers. 7.    They are familiar with the business landscape in their country so they know the suppliers to consider and those whom you need to stay away from. 8.    They are experts…

  • Elksourcing:Benefits of Hiring a Purchasing Agent in China

    Elksourcing:Benefits of Hiring a Purchasing Agent in China

    Nowadays, more and more importers realize that it is important to hire a purchasing agent in China to help them, as indeed there are lots of benefits of doing so. The following are some of the key work the purchasing agent can do on behalf of you. 1) Supplier Evaluation China purchasing agent will evaluate suppliers, review products, and negotiate contacts. A purchasing agent will assess any supplier on the basis or quality, price, and speed of delivery when it comes to products and services. He or she will interview any kind of vendor and pay a visit to the distribution centers and plants of any supplier to learn about and examine products, prices, and services. A purchasing agent will also attend trade shows, meetings, and conferences just to learn even more about industry trends. He or she will work hard to make contacts with any sort of supplier. 2) Price…

  • Elksourcing:How to Find a Good Sourcing Agent in China?

    Elksourcing:How to Find a Good Sourcing Agent in China?

    When your start your business of importing from china, it is advisable to find a sourcing agent to help you, but it is not easy. You may not know how and where to find a good sourcing agent. How to sign a contract with the agent? How to pay the sourcing agent? How can you tell if they are trustworthy?  Here are some tips for selecting a sourcing agent: 1. Trust is everything I think you would agree with me that to work with an agent, trust is important. I would rather use a reliable and trustworthy but mediocre agent than someone who is capable but not reliable. Ideally, you need someone who is competent and reliable. How can you tell if your agent or representative in China is trustworthy? In many cases, first impressions can misguide you. You can do some online research to see if there are any comments…

  • Elksourcing:How to Identify Right China Sourcing Agents?

    Elksourcing:How to Identify Right China Sourcing Agents?

    China is a vastly populated nation where coming across efficient and cost-effective sourcing, however, for new importers, it is daunting considering the far distance and vast culture difference.Sourcing agents play a great hand in the success of a sourcing strategy of a company. With the help of sourcing companies, organizations can lower the prices of their products while focusing on key operations. Seek help from sourcing agents if you want to accelerate the growth of your organization. Firstly, observe the market condition The concept of perfect market exists solely in academic books and economic theories. The concept of marketing service in China does not function in perfect market situations. The exercise of marketing strategies depends on the supplier’s expertise and strength of resource. Transactions are often affected by information asymmetry which leads to market failure. Therefore, you should never think of paying a sourcing agent on an hourly basis; you incur loss in…

  • Elksourcing:How Can Sourcing Agencies Help Your China Sourcing?

    Elksourcing:How Can Sourcing Agencies Help Your China Sourcing?

    For a business to set up its own manufacturing facility or procurement office in China is actually impractical. Such decisions raise and increase the hassle of business owners. Instead, any business that wishes to explore China sourcing, should do it with a reliable sourcing agency. There are many reasons for consulting with agencies that have operated in China before. Let’s have a look. A.   Reputed sourcing agencies have core local knowledge of Chinese marketplace.  B.   They can identify and recommend the most profitable supplier options.  C.  Business owners do not have to face linguistic, cultural, geographical and negotiation hassles. D.  Agents in China seal the deal with suppliers. They proactively work to reduce costs, while profitability and efficiency. Chinese product sourcing is something that can offer serious benefits to businesses across many industry sectors. The large domestic markets, promising labor, and logistics maintain its position on top of other marketplaces. Associating with experienced and verified…

  • Elksourcing:How to Qualify a Sourcing Agent from China?

    Elksourcing:How to Qualify a Sourcing Agent from China?

    China has got certain benefits in terms of overseas sourcing, however, in order to do it properly, a professional sourcing agent is needed. Do you know how to qualify a sourcing agent? You may ask below 10 questions. 1)What sort of services can a sourcing agent offer? Obtaining products from China is often underestimated. It requires good amount of hard work, knowledge and expertise in this domain. Ask your agent to demonstrate what can he or she do to manage your project ‘end-to-end’ and this will save a lot of time in inspecting companies, customs, freight forwarders and collaborating agents. 2) What can the sourcing agent source? You may come across some agents who have a wide network in a market and they can help you to purchase different products. With large database and purchasing system, such agents can penetrate various markets and get you a product at an affordable costing. A good…

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