Businesses from all over the world have realized that manufacturing goods in China at a low cost is no longer implies low-quality product anymore. International establishments have realized that China is an attractive place for manufacturing goods because of its low-cost labor, abundant natural resources, developed manufacturing capabilities, reliable pool of Chinese sourcing agents, large domestic market and investor-friendly policies.
But still, foreign organizations find it difficult to navigate the Chinese manufacturing sector for procuring China-made products. This is where sourcing agencies in China could prove really handy. It has been noted that foreign firms that took the assistance of a reliable China sourcing house did remarkably well without facing any hassle. It is not only the first-timers but also experienced companies can get hugely benefitted by appointing sourcing agents.
There are number of overseas companies that are willing to import products from China but are reluctant for setting up a fully-owned procurement office to manage the operations internally. On behalf of them, a sourcing agency will do the following tasks-
- Identifying new suppliers that can make your products at the right price and quality levels
- Framing a negotiation deal and managing supplies
- Helping develop new products/styles with these suppliers
- On-going management of the supplier relationships (communication, quality control, shipments follow-up, crises if any)
- They can also help with market research, quality control, pre-shipment inspection, custom clearance and supplier development
Procurement agents are the local representatives of your firm and prove valuable to safeguard your interest form getting deceived by scamstars as they are aware of the trustworthy and dependable suppliers. Whether you are hiring a sourcing firm or a single sourcing agent, they will always keep the business agenda on the forefront and strives to serve your interests well. They can help you choose the right products and the best supplier based on your specifications along with giving logistics and shipping support. Before bringing on a sourcing agency, you should have an understanding of your business needs in order to know how to best use the agency’s services.