• Elksourcing:Areas to Consider When Looking for a Sourcing Agent

    China is becoming the major manufacturer of industrial products due to its low price and improved quality. But the diversity of products, language, culture and business practice differences pose problems for most foreign buyers and thus, having a good rapport with the suppliers is very important. This is where a China sourcing agent comes in. Finding the right China sourcing agent is an important step to successfully sourcing products in China. Your relationship with them and their ability to deliver quality products in timely manner and at the right price will be major factors in the success of your business.  It’s important to take your time and ask the right questions. Only proceed when you’re confident that the agent can do what they say can, and that they’re a good fit for your business. Here a few areas to consider when looking for a China sourcing agent. 1. Office in China Do they have…

  • Elksourcing:Tips for Chinese Supplier Management

    Chinese supplier management allows you to build a relationship with your Chinese suppliers that will strengthen both businesses. Supplier management is not negotiating the lowest price but constantly working with your Chinese suppliers to come to agreements that will mutually benefit both companies. 1. Share Information and Priorities The key to succeeding in supplier management is to share information and priorities with your suppliers. That does not mean that you throw open the accounting books and give them user IDs and passwords to your systems. Appropriate supplier management practices provide only the necessary information at the right time to allow a supplier to serve your needs better. It may include limited forecast information, new product launches, changes in design and expansion or relocation changes. 2. Balance Commitment and Competition One of the goals of supplier management is to gain the commitment of your suppliers to assist and support the operations of your business. On…

  • Elksourcing:Why Quality Inspection is Important?

    Without proper quality control inspection, there would be a drastic increase in product recalls. Safety issues or product defects can endanger the consumer or put the seller at risk. To avoid these problems quality inspection should be done effectively by the professionals.  In order to implement an affective quality inspection, an enterprise must first decide which specific standards the product or service must meet. The inspection process must be ongoing to ensure that remedial efforts, if required, have produced satisfactory results and to immediately detect recurrences or new instances of trouble. 1. Quality Inspection Can Enhance Product Quality Waste is expensive and it is more likely to occur when you don’t take quality control measures. If you don’t pay attention to detail or implement processes to reduce variability, you’ll have to throw away more finished inventory, costing you the price of the labor and materials that went into producing it. Pay attention…

    Shopify Tutorial 2021-04-21
  • Elksourcing:Advantages of Factory Audit in China

    For the business of importing from China, choosing the right supplier is the most important thing you need to focus at beginning. A right supplier will not only produce the products at a competitive price, but also provide good service on the supply chain.  In order to verify and select the right supplier, it is recommended to do factory audit, as there are many advantages. 1. Amplifies Performance Visibility When companies don’t know the facts about how their suppliers are performing, factory audit tends to be based on guesses. Additionally, the simple act of measuring performance can help improve performance. This improvement can be even more dramatic when companies award additional business on the basis on suppliers meeting performance goals. 2. Uncovers Hidden Cost in Supply Chain The supply chain is full of potential risks that can originate from suppliers in regard to corporate social responsibility. Some of these risks can…

  • Elksourcing:What Makes a Right Sourcing Agent?

    A lot of businesses reply more and more on importing from China, as China is becoming the major manufacturer for most of consumer products, because of low price and improved quality.  However, the geographical distance, vast categories of products, language barrier, and cultural differences pose a problem for most foreign buyers. Thus, having a good China souring agent is important. The following aspects are important for you to choose a right sourcing agent. A. Trustworthiness A buyer should note trustworthiness is the primary factor when it comes to the selection of a sourcing agent. If you work with a dishonest sourcing agent, you will never be aware that, your sourcing agent is actually ripping you off by secretly ask the supplier for hidden commission. A professional sourcing agent will make their golden rule that no information about the supplier should be hidden or faked to the buyer, including number of employees, market performance, reputation,…

  • Elksourcing:Quality of a Good China Buying Agent

    A good buying agent would be a great contributor to your business success in China. To safeguard the whole process of buying goods from China, the character of the buying agent matters. A good agent should have outstanding qualities. Some of a good buying agent’s quality include: 1. Trustworthy The buying agent should be a trusted person or company. You may carry out your research to know if the party can be trusted. You can pull off from the deal if there are red flags. 2. Excellent Communication Skills The whole process is guided by communication. If the buying agent has poor communication capabilities, it would be hard for you to get the goods on time. If they are poor listeners, they may compromise the whole process. 3. Market Knowledge A good buying agent should have sufficient knowledge of Chinese market. This shows you that they can deliver quality services at reasonable prices.  4. Resources You…

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

    Sourcing from China is a lucrative business, but it can be risky and complex. Finding a reliable China supplier is difficult, the whole sourcing process seems daunting to new importers. You can’t fully trust the information shown online, and it is important to know the reality of the suppliers in China. If you’re buying from China, you need trustworthy people on the ground in China. A good sourcing agent can help streamlining manufacturing processes. The followings are what a China sourcing agent can do for you. 1. Handle communication Usually, if you are looking for a list of products you think promising, you may need to find 5 suppliers, also, you need to calculate unit cost and shipping cost. That means, you will have to spend lots of time at Alibaba or other sourcing websites and deal with endless emails with various suppliers. Every time you want to get price and…

  • Elksourcing:Why Online Sellers Choose Sourcing from China?

    To source goods from China and resell online is proven successful for many entrepreneurs. Why more and more online sellers choose sourcing from China? There are many reasons, on top of them, the following reason are recognized by many business owners. 1) Cheap cost Most of China products are available at a cheaper cost. If you source your product from a distributor or wholesaler in the USA, you are like to pay 2 or 3-time higher prices than sourcing from China. The cost savings are achieved via cheaper labor cost, faster production speed with moulds, and less marginal cost at high order QTY. Cheap cost can sharp your business’ competitiveness. 2) Supplier options China is known as a manufacturing hub for its business ecosystem, labor pool and low production costs. Numerous industrial clusters are a distinctive feature of the Chinese economy.  China has a long list of producers, thereby leaving you…

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