Are you about to take the step to import from China? You are probably surrounded by questions about the best ways to reduce risks when negotiating with manufacturers, either because you have had difficulties in previous experiences or, even more so, if it is the first time you decide to invest in the Asian country.
Finding the best suppliers, making sure that your merchandise meets the required characteristics and arrives in good condition at your company’s or factory’s warehouse are some of the recurring questions when starting operations.
What could be better than to clear up your doubts in this article in which we gather some of the most frequent questions asked by our clients during their first consultations. Take advantage of it to find the answers you are looking for.
Importing with an expert in foreign trade will reduce your uncertainties. Schedule your meeting now and get your advice.
Frequently Asked Questions
How are Chinese suppliers selected?
The search and selection of suppliers in China has three stages: the first consists of mapping suppliers. In the second stage, a pre-selection is made based on the particular requirements of the import project in which the telematic verification is performed, which will allow to advance to the final stage and choose the appropriate supplier(s) for the client.
Is it possible to work with localized Chinese suppliers?
Yes, of course. At Mingta we always strongly recommend a telematic verification of the suppliers located on the Internet for your security. We also advise you to carry out a factory audit to corroborate that the supplier is able to manufacture your purchase order.
Why is it better to hire a supplier search in China instead of doing it on your own via the Internet?
From experience we can tell you that many suppliers can quickly send a quotation and price list. However, that is the first step in an import. Next (and very important) is to verify that this price list can be fulfilled, request samples and perform the professional procedures that allow you to ensure that the purchase order will be produced based on the approved sample.
The key in this search is to find a real and reliable manufacturer. By hiring a company with expertise in international trade, you ensure that the supplier has real quality certificates and complies with the purchase agreements. You also avoid unreliable online resellers or possible scams.
In addition to providing personalized advice, Mingta takes care of managing this stage of the import process, protecting your investment and offering a complete service of supplier development, negotiation of purchase terms, international freight, customs and domestic shipping.
How do you verify that a supplier is reliable?
A Chinese supplier must have export references and corresponding documents proving that its products have been exported and accepted in other countries and markets.
In addition, the manufacturer must be legally incorporated, have manufacturing capacity, meet production conditions and good reputation in China and abroad.
Likewise, our work includes corroborating their legal records: verifying the trade registry, export licenses, tax payments, their years of antiquity, among others.
What are the risks involved in negotiating with suppliers?
The risks that can be run are:
- That the products do not comply with the required characteristics.
- That the products arrive damaged or with defects.
- Failure of the supplier to ship the ordered goods, either by mistake or with intent.
- The manufacturer does not have the required licenses or quality certificates in the country of destination.
- Suppliers are not responsible for any problems that may be found in the products once they are shipped, so they should be inspected before they leave the factory.
- There are scammers on the internet who can hack in and interfere between negotiating with your supplier by impersonating the manufacturer.
Reduce risks by relying on the support of an experienced supplier development company.
Contact us today to save time!
