You already know that importing from China can be very profitable for a company. However, if it is carried out, it is necessary to have the maximum guarantees.
At MingTa Group, we are always on the lookout for this type of aspect. We know how complex it can be to import from another country and the risk of not doing so with adequate guarantees.
Therefore, in today’s post we are going to focus on this specific point: the necessary guarantees for a successful import.
On other occasions, we have already talked about the problems that can arise when importing products from Asian countries. Reviewing each of the processes, up to the arrival of our product, is key to avoid any setback in our entrepreneurial adventure.
In this post, we are going to see it in three steps that will have to be reliably monitored. Stay tuned!
Is the manufacturer reliable?
As with any acquisition of a product for marketing, the entrepreneur must start with the “how to do it”. In the case of imports, exactly the same is true.
We must be 100% sure that the product manufactured in China meets all the requirements to be marketed in our country.
If our company, as is to be expected, knows exactly the regulations in force for the products it markets, it must be relentless in imposing the same conditions on the manufacturer.
How to solve this problem? As we saw in another article, the solution involves auditing the factory.
In addition, thanks to this audit, we can verify, first hand, that the manufacturer is the supplier of the product we are importing. Very important, since if we do not know the manufacturer well, it could be an intermediary, increasing the price of the purchase. Through this process, we will also know if the manufacturing is adequate.
CE Mark?
Another important aspect is to know ‘in situ’ if the products they manufacture comply with European Community regulations and have this mark. This is of vital importance, since if we do not comply with it, if we import a product from China we are, for legal purposes, considered the manufacturer of the product, so we would be committing the irregularity ourselves.
The products that must comply with the European Community guidelines are electronic, medical, automotive or machinery products, as well as toys, of which there has always been a lot of controversy, as you know.
For all these reasons, we must be very careful to ensure that all the requirements are met in the manufacturing process.
Guarantee of payment
Another fundamental aspect is to have all the guarantees that we are going to pay correctly. This may seem silly, but it can be very expensive. Just as you need to have the best possible information about the manufacturer and how it manufactures, you will need to make sure that the supplier or the supplier’s representative has actually given you reliable data.
We address this issue in this article on the most common frauds when importing from China.
Import before shipment
The third step to import with total guarantee from China takes place at the port of embarkation. Having total control in this process is also key, since we have to check the status of the products we are going to import.
To do this, we need someone reliable to guarantee the product’s shipment. In this way, we avoid the possibility of importing a defective material and having to argue with the supplier when we would be at a clear disadvantage to be right.
In this post about goods inspection you can see how the correct shipment of the product should be reported before finalizing the import.
As you can see, the only guarantee that importing from China becomes a chimera depends exclusively on a correct protocol in each of the import processes.
If you have any doubts, MingTa Group will be pleased to advise you to offer you the maximum guarantee and success when importing.
