• Elksourcing:Why Sourcing Companies Are Better Than Direct Manufacturers?

    For many importers especially small one, choosing whether to deal with a direct manufacturer or a sourcing company depends on the nature of the business, and the order quantity.  Direct manufacturers offer more attractive costs, however, will require higher order quantity and may ask for better payment terms — such as 30% deposit at time of order, and 70% balance before shipment. On the other hand, sourcing companies can help many importers. The following are some reasons: 1. They should strictly follow timeline A dependable sourcing company should practice what it preaches. When your contact says the items will be delivered on Friday afternoon, it should be delivered on that exact day and time. Much better if earlier, but it should be advised in time. More than the product cost, a good sourcing company should have a better understanding of the entire business process. Likewise, it should give importance to product quality, so…

  • Elksourcing:What is Fulfilment by Amazon?

    Fulfilment by Amazon (FBA) is an exclusive service provided by Amazon using which a seller can store their products in special warehouses of Amazon known as “fulfilment centres” and Amazon takes care of delivering their products to their final customers. Through FBA, you can relieve yourself with the responsibility of ensuring quick and reliable delivery of your products to your customers. If you opt for FBA, Amazon will keep a track of your orders, pick the required product from the fulfilment centre, pack it and ship it right to your valuable customers. Moreover, Amazon will also provide a round-the-clock customer support regarding your products being delivered to your customers. This would ultimately help you increase the scale of your operations and widen your customer reach. What benefits can you avail by FBA? Here are some of the key benefits you can avail if you opt for the FBA service of Amazon: 1)…

  • Elksourcing:Common Mistakes to Avoid When Evaluating Sourcing Agents

    Many importers don’t have the expertise, or the time, to find and manage China manufacturing partners. They typically need help from a sourcing agent to handle these tasks: ·       Identifying, screening, and qualifying new suppliers; ·       Help in developing new products/styles with suppliers; ·       Ongoing management of the supplier relationships (communication, quality control, shipments follow-up). What are the most common mistakes to avoid when evaluating sourcing agents and working with them? 1. Unreasonable expectations Even the best sourcing agent will have a hard time getting you low prices, on-time shipments, and consistently great quality. If someone promises this to you, you are not talking to a professional. Know what is most important to you, and plan accordingly. For example, if you absolutely need on-time and high-quality products, then you cannot work with the cheapest manufacturers on the market. 2. Not clarifying the sourcing agent’s responsibility Let’s say you work with a third-party service provider that takes care of the…

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