Are you about to start your purchase in China? Have you designed an action plan to avoid possible mishaps? Do you know the best strategies to optimize your experience?
Carrying out an import from China to your country requires careful, careful and responsible planning in advance. There is no other way to reduce the risks that can hinder your shopping experience.
In this article we bring together the factors to take into account to make your steps safer and operate with greater peace of mind. Pay attention to the point we mentioned about costs, because it is one of the most important for you to keep better control of your company’s budget.
Culture shock
Beforehand, the first obstacle that stands in the way of your import process is the cultural and language barrier, including the time difference. All these issues can cause difficulties in the development of commercial exchange and negotiations with suppliers.
The contrast between Latin American importing companies and the idiosyncrasy of Chinese manufacturers inevitably conditions the fluidity of operations, and reaching agreements between both parties goes beyond agreeing terms and signing.
Quality
China manufactures products of all kinds of quality and knows how to meet the highest standards. However, they may not match the same criteria, so you should do your due diligence on manufacturers to ensure that they meet your requirements.
If you do not do so, possible quality problems that may arise will seriously affect your company’s reputation and you should not jeopardize your commitment to your customers.
Research suppliers
This is one of the most important steps in any import planning. You cannot move forward in any negotiation if you do not check that the suppliers are real.
Not only do they exist, but you must corroborate their registrations, documentations and licenses to know if they are legally constituted.
The costs
Failure to thoroughly calculate the true costs involved in the whole process before starting operations will lead to unwanted surprises that will represent a significant risk.
Taking into account all the parameters that come into play when it comes to knowing the value of your import makes you keep track of the scope of the budget that your company has allocated for this investment.
Prevent your import project from falling off halfway!
What are these parameters?
The quotation of your purchase order, the corresponding inspections, international freight, incoterms and all the details involved in logistics. You should also consider the cost of duties, possible additional taxes and insurance of your cargo.
In turn, regarding certifications, do you know which ones you need to manage to import? When it comes to logistics, it will be important for you to find out what kind of certifications you require to move your operations forward.
Otherwise, you will only encounter cumbersome complications and possible customs holds that can cause serious problems.
Of course, the benefits of making your purchases in China are enormous, but you will only see them reflected if you execute all your operations through a strategic plan prepared before taking the first steps.
For that you must have the support of a team of experts in international trade as Mingta Group that already knows the Chinese market from end to end and all the processes involved in the management and coordination of any import.
Our team of specialists knows strategically how to execute the numerous operations involved in an international purchase in order to minimize all possible risks and reduce your costs for the benefit of your company.
This is why you need a great ally to conclude your import successfully. Mingta, with its 20 years of experience in foreign trade, will be that strategic partner to provide you with intelligent solutions with great benefits.
Make your experience better with our advice and support. Contact us now and we will tell you about the exclusive plan we have prepared to start your project.
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