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Chinese suppliers
Engaging in foreign trade procurement is always a challenge for the experienced traders and the novices. They are all confused on how to procure goods in the right manner from other countries. This is a matter of that has been addressed by purchasing staffs that aim to help such traders with high-quality products and excellent...
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Characteristics of a Reliable Supplier
Q: How do you search suppliers for our orders? A: Normally we will give preference to those suppliers who cooperate well before cause they are tested to offer good quality and price. For those products we don’t purchase before, we do as below. Firstly, we find out the industrial clusters of your products, like building materials in...
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Q: What kind suppliers your company contacted? All factories? A: It depends on the products you require. If your quantity can reach factories’MOQ, we surely choose factories as priority. If your quantity is less than factories’MOQ, we will negotiate with factories to accept your quantity. If factories can’t reduce, we will contact with some big wholesalers who...
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Q: Will you give the list of suppliers details to my clients and then they need to choose and contact the suppliers? Or you will send the final quote to my clients after you negotiate with the suppliers? A: We will try our best to source several different suppliers for 1 item, and select the best 1-2...
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Q: How not to lose money when sourcing from China? A: 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). However, if the seller shipped you a box of rocks, you wouldn’t know until after...
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Q: What method of payments do Chinese suppliers prefer? A: 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...
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Q. What Products can you manufacture in China? A. China is now the workshop of the world. The quality of most Chinese manufacturing is comparable to any developed economy, however it remains crucial to be discerning when identifying Chinese suppliers. Based upon agreed MOQ criteria we can research the market and define appropriate China suppliers...
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Q: In China in particular, I have found that sometimes having a target price stated can be to the buyer’s advantage as quality level is often tied to price. And if the supplier doesn’t have a target, sometimes the buyer ends up overpaying on poor quality. A: In other words, the supplier tries to get...
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Q: I had understood that there was a structural problem on the Chinese side, that to export you needed a special license which is not easy/inexpensive to get, hence the need to use a trading company. Is that not the case? A: If the manufacturer is newly opened or small scale, they may not have made...
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Q: My supplier has some extra stock from my order. They said they would like my authorization to liquidate it and get some money for scrap. Is this a good idea? A: If the goods are already in their finished form and have more value as a final product rather than scrap, it is a...
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