What Can a Sourcing Agent Do for You?
It’s a good way to find a sourcing agent to help you for importing from China, especially when you are new to your importing business. What can a sourcing agent do for you? Below are some key aspects:
Sourcing agents offer a catalog of services for you. Agents and traders charge you for just the facilitation of a manufacturer relationship. Sourcing agents take a more holistic, service-based approach to your procurement.
Sourcing agents usually don't take a percentage based on unit quantity. Rather, agents usually cost a flat fee per product (not per unit). These flat fees help you better calculate your monthly costs for sourcing with little variation. This flat fee is also a lower-cost option overall, allowing you to maintain your margins and revenue.
You have control over your own supply chain. You are the final decision-maker and you have visibility to every process, cost, and partner. This transparency helps maintain seller security and control.
Only through supply chain transparency can you ensure consistently streamlined operations towards
scalability. Procurement transparency is the best way to protect your business.
Sourcing agents spend day-in and day-out working on procurement. They have access to credible, quality suppliers and shipping partners. They know the industry regulations, and they have the skills for negotiation and contracting.
Firms also have more individuals at their disposal. This means you have a team of experienced
professionals in a variety of areas to give you advice and information. There's no greater asset for your Amazon business than a crew of knowledgeable sourcing partners.
This sourcing agent team not only provides you with top-notch procurement partners, but it also frees up time for you to focus on marketing and selling. You can hire the firm to take care of sourcing from A to Z, and they have the resources to get the process done quickly and efficiently. You don't have to learn the industry yourself or build your own networks and connections.
They can source and handle the back-end logistics swiftly and effectively, while you have more time to focus on growing the front-end of your business.
6. Product Consultation
One of the greatest services of a sourcing firm is product consultation. You don't have to select a product all on your own and hope that the inventory you purchase will sell. Sourcing firms usually offer a catalog of potential products that are trending or high sell-through. This can be a great starting point if you don't have customer data or product analysis.
7. Supplier Assessment
Agents can help you find suppliers, but those suppliers often pay them to get business. Agents get
commissions from the factory to bring them clients. Agents are, in a way, salespeople for the
This also means that agent is responsible to you for contract agreements, price negotiations, and claims disputes. A sourcing agent is on your side to create win-win-win solutions throughout the procurement process.
9. In-Person Inspection
Sourcing firms are often global, so they'll have a team on the ground overseas. This helps build face-to-face relationships with suppliers to avoid scams and promote quality control processes. This allows for in-person inspections and ensures social compliance.
Plus, the greater your relationship with your manufacturer, the better your chance of reduced costs and speedy lead times. A sourcing agent is the simplest, strongest way to build these vital seller-supplier relationships across seas and borders.