Manufacturer

When most buyers plan on identifying a new supplier, they are usually tempted to focus on the best price. However, concentrating only on low costs can hurt you in the long term. That’s because shaving a few cents off the price of a product is no help if the quality is below standard and the component or material does not arrive when you need it. In this article, I’d like to share my experience of good practices in finding a manufacturer in China. 1. Decide what you want to produce – This is where a business plan comes into play? Here is a sample clothing line business plan template you can use. The first step is to decide on the type of items you want to manufacture. This would give you an idea of the type of manufacturers you should look out for. If you want to manufacture denims for instance, you…