Day

June 11, 2018
There are several B2B e-commerce platforms around the world that have been around for decades. This article will list the top 20 leading B2B platforms in the world to make it easier for companies to buy and sell products.
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If you are shipping out of China and the B/L is being provided as the goods are about to ship out, then 6 weeks does sound like a very long time to wait, even if the 6 weeks includes clearing inbound customs in Australia.
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Sometimes the letter of credit states that funds transfer to the seller upon provision of bill of lading (meaning the goods are on the boat and ready to ship).
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Chinese suppliers prefer 100% in advance via bank transfer (or better yet- cash) and they would be very happy if you don’t bother to use a contract or PO. Some buyers are crazy enough to do business that way and if something goes wrong, they have no leverage.
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If you wish to get the order shipped with this supplier, but reduce your risk, you could consider linking the supplier’s performance to you payment.
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Yes, Leelinesourcing has a wide range of sourcing related services. Leelinesourcing services are especially valuable for Established import companies who have existing purchasing programs and a lot of experience in China sourcing and who seek better control over their sources.
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What products are ideal for sourcing in China? Products that have: – High Labor Content – High quality/labor ratio – Sufficient value to justify shipping costs
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China is the central hub of the manufacturing industry. Their quality standards are achieved through state-of-the-art facilities that are under constant improvement. A growing number of companies are outsourcing their manufacturing divisions to Chinese suppliers. Majority of mobile phone screens are manufactured by Chinese suppliers.
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