Many of my clients have asked me if it is wise to outsource the procurement of materials to a HIRE A SOURCING COMPANY. They are all looking at saving up to 90 days (often more than that) from the start of the job till delivery. So, if you don’t need to monitor the whole process itself but just want to concentrate on growing and developing your company in an accelerated manner it makes much more sense to outsource to a HIRE A SOURCING COMPANY. In fact this is a debate that many in the manufacturing industry have been raging on for quite some time.
There are many reasons why this works best for sourcing and overall proceedings. Cost reduction is one. In many cases where product development is involved, cutting costs here can easily translate into more profitability in the long term. If the sourcing company is working on smaller projects, they might even be able to offer their expertise for half the price, or even less. This is one of the reasons why many companies in the manufacturing sector prefer to outsource India manufacturing.
Logistics is another area that often plays host to disputes over costs. With most shipping and courier companies now providing online logistics facilities it makes sense to outsource your logistic needs to a great China shipping and logistics company, instead of hiring more in-house logistics personnel for your project. These Chinese freight logistics agents have access to the most modern equipment and they will be able to offer you the very best advice and recommendations possible in this respect.
One more reason why outsourcing is popular with many sourcing companies, and their clients, is because they can now negotiate a fair price on a variety of commodities. Many countries around the world have suffered serious economic problems in recent years and some of them have been forced to devalue their currencies in order to try and encourage exports. For example, in China this has meant that the price of almost everything including some basic raw materials such as iron and coal has fallen dramatically. Whilst export rates are important for boosting a country’s economy, they should never be at the cost of competitiveness in other areas of the world. Shipping and freight forwarding is a key part of doing business in China, which explains why they are being prioritized by many companies when it comes to making investments. By making sure that they do not take any of the burden from you, they can invest in other sectors and make a profit for themselves.
A good supplier directory also has two other features that are particularly important if you want to sell a product on the global market. Firstly, it should be able to provide you with contact details for any suppliers in China that can provide you with the goods that you need at the lowest prices possible. This is a rather technical aspect and therefore you may need to employ the services of a specialist who can help you identify the right suppliers for your business. These days however, it is much simpler to simply sign up to a supplier directory, allowing you to simply type in the words “cell phone accessories China” to identify a particular supplier.
The second feature that a good sourcing agent should have is a wealth of experience in the Chinese market. You may think that it is obvious that you need someone who speaks Mandarin or understands Chinese culture, but it is surprising how many sourcing agents do not speak English very well. Instead of allowing a Chinese supplier to take control of the situation and making something of you, it would be better to let someone speak English to ensure that the deal is handled properly. After all, it would be a shame to pay too much and get nothing back. Make sure that the person handling your China orders knows what they are doing!