Are you trying to import any goods from China for the first time? Although the internet has made it possible to do B2B transactions from anywhere in the world. However, if you are sourcing products from China for the first time, then you cannot take the risk of going it solo. These days, most companies prefer to appoint a Chinese procurement agent who is based in China and familiar with the business environment of that country. When you are considering procurement outsourcing in China, which is located on the other end of the globe, it can often be too hard for an importer to see every nitty-gritty of the process.
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Today, China is one of the countries in the world that sells more manufactured goods as compared to any other country. Hence, they are rightly called “the World’s Factory.” The whole economy of China is driven by the manufacturing sectors of the country. The basic reason for the popularity of Chinese products is due to their low cost. Any business company that wants to be more competitive in the market will prefer to directly source from China. However, language barriers and the different business culture make China product sourcing not easy for many foreign buyers. That is why the importance of sourcing agents arise, who can speak both English as well as the local Chinese language fluently.
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Today, China is considered as the manufacturing hub of the world. It has a very high population, and as a result, labour is easily available at the lowest cost. Besides that, over the years China has made tremendous improvement in its infrastructure and as a result, created a huge production capacity. Also, the Chinese government has taken special care in the education and training of its population and as a result, there are very high numbers of skilled workforce available. Today, China outranks almost every other country in its manufacturing output. Virtually everything that you use today is most likely manufactured in China.
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Your wholesale business can be highly profitable if you prefer to import low-cost products from a certain Asian country like China. Many of you must have not done any business with any Chinese company, hence it may appear to be quite complicated and risky. However, those who have already crossed the bridge will know that it can be quite easy. You are able to leverage many benefits by sourcing products in China. It may require a little time and patience to find the right supplier, then negotiate the price, and at last finalize a profitable deal.
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When you are shipping bulk goods, then sea shipping can be the best way to save international freight cost compared to air freight. Based on your order quantity as well as the value of the products, you must decide whether you should go for either FCL (Full Container Load) or LCL (Less than Container Load) while purchasing products from China. Perhaps you may not realize that for FCL shipping a 20ft container is going to be much cheaper than an LCL shipping of 15 CBM.
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If the quality Inspection is carried out while production in the factory is going on, then it will be known as an IPQC inspection, the full name is in-process quality Inspection. During this stage, the quality engineers are going to check the complete process of production by step. In case, there happen to be any follow-up issues during the pre-production inspection then it will also be implemented during the IPQC Inspection. During this stage, the entire status of what non-conformance was noticed will be corrected. All the actual status of all non-conformance issues will be noted down and reported to the concerned department to take corrective actions for necessary improvement.
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If you are considering manufacturing products in China, you surely understand the importance of quality control. After all, shipping products from China, or anywhere else for that matter, without any inspection or quality control procedure is a naïve thing to do. Now, when you ask your manufacturer or supplier for quality control, the most basic answer you can expect is – Yes, we do have a quality control team. Well, they are not lying, and they have an in-house quality control team, but can you trust their effectiveness and efficiency? The short answer to this is – Definitely not. When it is about quality control in China, who inspects your products will make a huge difference in the product quality.
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E-commerce is booming with time. More and more businessman get to benefit from the e-procurement advantage. The whole world is dependent on e-commerce, which is why many businesses are looking for importing products from China. Many people are making large amounts of money. Although e-commerce has always been a rapidly expanding trend, the COVID epidemic has made it much more prevalent. China has recently risen to the top of the list of countries that produce consumer goods globally. The opportunity to buy and sell consumer products made in China will enable the business owner to make a handsome profit. The main reason for importing goods or producing materials made in China is affordability, but it's important to conduct research before pursuing the China sourcing process. Importing is a complicated strategy that requires relationship development and creative thinking. Failure to set up will result in delays, unclear deadlines, and a loss of revenue.
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For the last few years, China has acquired the position of “Factory of the World” and has turned into a fantastic product source for international sellers. The statistics say that total export of China was 3.2 trillion USD last year throughout the world and out of that 485 billion was exported only to Europe. Because of the rapid growth of export capabilities of China, many companies have started developing their supply chain. However, you have to understand that to import goods from China, you have to follow a certain strict process because of various regulations in place by China as well as Europe.
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Today, China has achieved the status of “The world’s manufacturing hub” as most businesses are now depending on Chinese manufacturers to produce all their products because of the cost benefits that China can offer, as the labour costs in China are relatively low as well. Also, there is the availability of abundant manpower resources. Nowadays, even a small businessman can also sell Chinese products through various e-commerce platforms like Amazon. No doubt to run any business, a business owner has to manage numerous tasks. If they break up their different tasks into small steps and try to allocate time for each of these steps, they can manage them properly.
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