Friday, 20 April 2012

Product Sourcing, Due Diligence, And Supplier Auditing In China

Our Services

Your China Trading Partner focus specifically in the areas of China-based product sourcing, product procurement, manufacturing outsourcing, due diligence, and factory / supplier auditing in China.

Product Sourcing

Your China Trading Partner product sourcing service consists of a three stage process. You may sign up to all, or some, of these stages and the processes of which they are constructed.

We employ a tailored and structured process which we have refined and developed over time, and which is based upon our experience of working with a growing number of foreign companies and a widening supplier base in China.

Using our experience and skills we are able to quickly identify a range of suitable manufacturers for our clients.

Upon identification of a suitable supplier matching our client’s needs, manufacturer verification procedures and processes can be instigated, and which will conclude with a complete report including factory visit, background check, credit report, and license checks.

Once this has been completed Your China Trading Partner will assist with project deployment in China; ensuring that client specifications and requirements are fully understood by the manufacturer.

Stage 1 – The Pre-Production Processes 

  • Supplier Sourcing And Suitability Evaluation 
  • Supplier Verification Incl. Site Visit, Background And Credit Checking 
  • Product Sample Generation And Evaluation 
  • Project Deployment

Stage 2 – The Production Processes 

  • Quality Control Measures Design, Agreement, And Implementation 
  • On-Site Product Inspection 
  • Pre-Shipping Planning And Management

Stage 3 – The Post Production Processes 

  • Pre-Shipment Inspection 
  • Randomised In-Batch Defect Searching Process 
  • Shipping Planning And Management Implementation 

If you would like to know more don't hesitate to contact us.

Factory Sourcing

Attempting to determine, from your own country, and without a very expensive and time consuming visit to China, which Chinese company presents the most suitable option as a potential manufacturer of your product, or as a supplier, is an impossible and highly risk-filled task. 

However, for us it is a relatively easy and economical task to perform; finding that supplier for your specialist OEM supplier is par for the course at Your China Trading Partner.

It’s just what we do.

Identifying, reviewing for suitability, and inspecting a wide number of potentially qualified manufacturers, whilst providing you with sound, seasoned, and experienced China-based business advice, to assist you in your evaluation and final decision-making process, is a relatively simple task.

Your China Trading Partner removes the pressure of finding the most suitable OEM manufacturing partner for your product production requirements. 

Utilising our seasoned and highly experienced working knowledge, as your in situ Project Manager in China, and directly engaging with chosen suppliers and manufacturers; each individual project’s specific requirements and foci are planned, structured, and monitored from inception to completion. 

Your China Trading Partner Provide The Following:

  • Background Investigation
  • Factory Sourcing 
  • Project Planning and Implementation Advice 
  • Project Pricing Negotiation 
  • Regular Progress Reporting 
  • Site Inspections
Attempting to formulate and produce a project based upon emails, telephone calls, and Skype may seem like a cheap and reasonable alternative in today's financial climate; however, it is an approach which is fraught with potentially disastrous or financially ruinous problems, in addition to the inherent and inevitable linguistic and cultural communication failures, which serve to suck up and waste valuable project time.

Your China Trading Partner, by virtue of our physical presence on the Chinese mainland, and our cultural and linguistic knowledge, can avoid all of the obvious pitfalls you would almost certainly experience, should you try to complete your project on your own terms, from a distance, and without specialist in situ liaison.

Be advised, this is one place and time in your business life and career that you really don't want to go it alone.

If you would like to know more don't hesitate to contact us.

Due Diligence, Factory / Supplier Auditing And Verification

 

Factory Auditing And Verification Service

 

We at Your China Trading Partner have seen, and come into personal contact with, so many disastrous failures between western and Chinese businesses not to take supplier verification extremely seriously. 

Mopping up a project disaster is not a pleasant experience for anyone involved.

Remember the old adage: 

"An ounce of prevention is worth a pound of cure."

Still not convinced? 

Just make a call to your country’s embassy in Beijing and ask them about the number of your compatriots who have lost money in China in the past month, never mind the last year, for confirmation of the absolute necessity of proper due diligence

The fact is (and we mean no disrespect to the many genuine, hard-working, and honest Chinese businesses and suppliers) that China has both a history and reputation for corruption, business complacency, and fraud; and knowing that your project and company money are being safely managed by a properly licensed, registered, and stable company is essential to your personal and business peace of mind, not to mention your company time and delivery commitments to supply your own clients.

"This is a critical step in your business operations and needs to be treated with due respect, care, and diligence."

Your China Trading Partner can do what you can’t do; particularly ensuring that there are no nasty surprises waiting for you down the line.

We Can Access, Review, And Advise On The Following:

  • Business Conduct Record 
  • Current Credit Status 
  • Current Legal Foreign Trading Status 
  • Identify Principle Shareholders 
  • Official Company Registration 
  • Other Legally Associated Business Entities 
  • Proposed Contracts And Agreements 
  • Safest Payment Methods 
  • Supplier Banking Details
All of the above are accessed, investigated, and reviewed before you commit any of your company monies to the project; thus, ensuring the financial safety of your project.

We look forward to working with you.

Tuesday, 17 April 2012

How To Trade Safely With China

Some, or all, of the following may sound a little condescending; I hope you'll forgive me. However, you need to know that I am contacted on a daily basis by individuals who have all made the most appalling and foolish mistakes.

I would love to have a figure on how much money disappears into China on a daily basis, never to be seen again.
 
Let's begin with the fact that you want to trade with China, but you don't feel safe. So what's new? Trading with China can be a very profitable way to do business, particularly for the small business or entrepreneur.

However, the safety of your transaction, and the possibility that you may, sooner rather than later, be a victim of cyber-fraud should be something which worries you very much, as is evidenced by the rise of cyber-fraud between China and the west in recent years. This eventuality is evident all over the internet on BBs and trade-sites where people are lodging their impotent complaints of having lost to the cheats of China. There are, however, steps you can take to ensure the safety of your transactions, and to seriously mitigate your risk. The following information could help you save your investment, heartache, stress, and the personal shame and embarrassment - all of which will accompany such a loss. 

So, what does a Chinese scam look like? What form does it take? 

Well, before I go into this in any depth allow me to say that the majority of people out there attempting to trade with China seriously need to reconsider their approach in recognising or determining with whom they are dealing.

The one thing all of us should be aware of, is that the internet is infested with scammers in the same way that a homeless dog is infested with fleas; it's an electronic Petri dish which breeds scammers on a vast and multitudinous scale. Indeed, it would not be short of the mark to say that the internet is the most dangerous place to perform business. Therefore, the first thing you need to understand is that the people who are going to scam you are very savvy and clever, running highly organised schemes of mass deception, which have been carefully designed and implemented to trick and mislead you. These people are professionals at what they do. And their systems become more highly tuned with every successful scam, as they learn from their experience as they go along. Over the years I've read a lot of hard-luck stories written by victims and posted broadly across the internet. Sadly the majority of them leave me with a "Huh?" of disbelief at their naiveté.  

Here's what the scammer knows: 
  1. There is always someone wanting products cheaply; even more so in the current financial climate.
  2. "If you build it, he will come" If they build a website offering incredible prices, then people will visit.
  3. If you like the incredible price you will email. 
  4. S/he knows that a little polite conversation on MSN will further reel you in. 
  5. They know and understand that the medium in which these frauds and deceptions take place is called the World Wide Web; and just like a real spider's web, the spider (the scammer) patiently lies in wait for the flies (which is you). 
  6. S/he knows that the law of averages is on their side, and not on yours. 
  7. They know that they live in a hugely populous nation laden with heavy bureaucracy, and that chasing them up will be almost impossible for you. 
  8. They know that it is easy for them to disappear, and setup the same web of deceit again elsewhere.
  9. They know and understand desperation. 
  10. Lastly, they know that you want something for nothing (or at least at a ridiculously cheap price) - and so they give you nothing for something.
All of the above gives them a massive sense of self-confidence, and which in itself, provides them with more backbone than you could imagine.  

Here's what you know: 
  1. Wow! This is an incredible deal, I was really lucky to find this.
  2. I can't believe my luck.
  3. You feel a little nervous about the deal, but you just have to take the risk, and so you convince yourself that it'll be O.K. 
  4. You send the money, and then s/he stops communicating with you, or they begin to prevaricate, or even say they need extra money for your goods to clear Chinese customs. 
  5. You received a tracking number that doesn't work.
  6. You can't believe what a complete and utter idiot you have been.
  7. You think, "How did I not see this coming?" 
  8. You realise you did see it coming, but decided to ignore your own instinct because you thought that if it is real you will have found a great supplier at a great price.
  9. You've lost your money! 
  10. You suffer a huge amount of personal pain, grief, humiliation, a deep sense of shame, and a sensation akin to having been raped.
You can save yourself a lot of heartache, misery, embarrassment, and personal shame by performing necessary Due Diligence before transferring any monies. 

Otherwise, you may just find you've given away a lot of money, with little effort, to a stranger you'll never trace on your own.

Trade Safely!

Your China Trading Partner Are TsingHua TongFang Computers' Agent

As of the 30th of April 2009, Your China Trading Partner were installed as the African, European, and North American agent for TsingHua TongFang Computers, part of the largest SOE (State Owned Enterprise) in China.
 
TsingHua TongFang (THTF) presently ranked in the top 10 leading manufactures in the world, in the first 6 in the Asia-Pacific Region, and number 2 in the Chinese domestic market (IDC figures), and which also owns the largest and most advanced PC production factory in the world, with a total area of 50,000 Square Meters, and a production capacity of 5 million units per annum.

This multi-billion dollar Chinese brand currently holds the number 2 position in the CE, PC, OEM, and ODM China markets, and as such is a world leader in the production of computers and associated technologies.

THTF, a state-owned enterprise (SOE), is partnered with TsingHua University in Beijing, which holds the largest equity stake in the group. As the commercial arm of TsingHua University, THTF's main goal is to build industry chains within the information and environmental energy industries, and which include the production and servicing of products as diverse as PCs, laptops, notebooks, net-books, mobile telephones, LED chips, security systems, and digital TVs.

If you're looking to buy large quantities of computers, please, feel free to contact us here.

Wastewater Treatment Systems Design And Manufacture

We Can Design, Manufacture, Ship, And Implement Industrial And Commercial Waste-water Treatment Management Plant

Your China Trading Partner has exclusive connections with a senior specialist designer of industrial and commercial waste-water treatment and management centres, plant, and facilities.

The industry areas, in which our designer can operate, and the diversity of product applications they have to offer you are quite extensive; as is their practical industrial working experience.

Listed below is a basic sector-by-sector breakdown of the spheres in which our waste-water treatment and management centre designer can design and operate. 

In steel, iron, rolling fields, heat treatment; we can provide you with complete water treatment systems, including water treatment equipment, water treatment equipment instrumentation, water treatment equipment electrical control equipment, water treatment equipment automation control systems, and water treatment equipment human-machine interface.

Water treatment equipment including: cooling equipment, heat transfer equipment, pumps, filters to remove suspended solids in sedimentation tanks, dosing systems, scraper, sludge thickening and de-watering equipment, write-organic, acid and waste-water, water softening installations, in addition to salt water equipment, steel-making waste heat recovery systems.

In addition to the above, we can also offer water treatment facility designs for chemical plants.

Essentially, we can provide plans, designs, and assistance in the construction in complete accordance with your industry, national, and local government requirements.

Our experience is, as can be seen from the listings above and below, extensive; whilst our years of engineering and application experience will provide you with the exemplary service you expect and require.
Industry By Sector
Brewing & Distilling
Chemical
Commercial Buildings
Food & Beverage
Hotels & Leisure
Mining
Paper & Textiles
Pharmaceutical
Plastic Extrusions & Moldings
Power Generation
Shopping Malls
Steel & Other Metals
Principal Applications
Canal Water Filtration
Cooling Tower Enhancement
Effluent Treatment
Environmental Protection
Heating/Cooling Systems
Industrial waste water
Municipal waste water
Potable Water
Process Water
Reverse Osmosis Protection
River Water In-Take
Sea Water In-Take

Finished designs can be fabricated/constructed in China, then shipped from China to their final destination, to be erected under the guidance of the designer himself (should you so wish).

Thus, you can rest assured that the whole operation will be focused and concentrated into one complete package, over which the designer maintains overall design and quality control.

If you have any queries regarding our specially designed industrial and commercial waste-water treatment and management centres, plant, or facilities, please don't hesitate to contact us here.

Games Consoles, XBOX, iPhone Products From China

China – Games Consoles And The Scam

More than a few people have discussed XBOX and Games Consoles, and I've often been asked about sourcing them.

I'd like to make specific mention of this issue briefly here.

The Parallel or Grey Importing of Goods.

I'll talk about parallel or grey importing using computers as an example first, and then follow on to briefly discuss games consoles and Xboxes.

Brand name electrical goods and computers CAN be found here in China.

However, when you start trying to take them from China (or anywhere else) into other countries, then you fall into an area known as parallel or grey importing. Many companies are now really cracking down on this, particularly SONY(TM) for instance, in co-operation with the EU, there has a been a dramatic increase in seizures of goods at ports.

The parallel or grey market is the trade of something legal through unofficial, unauthorized, and usually unintended distribution channels.

For example: To export anything made by Dell(TM) in China, to the US, would be considered by Dell(TM) US to be poaching on their territory.

Sometimes the practice of parallel or grey importing is illegal, but not always so.

Many of the parties concerned with the parallel or grey importing of a good are usually the authorized agents or importers, or other retailers of an item in the target market. More often than not this is the national subsidiary of the manufacturer, or one of its related companies. In response to the ensuing damage to both their profits and their reputation, many manufacturers, and their official distribution chains will very often seek to restrict the parallel or grey market.

Such responses can breach competition law, particularly within the European Union.

Competition law, in the United States is known as antitrust law. 

Refusal to Honour Warranties

Manufacturers have the right to refuse to honour the warranty of an item purchased from parallel or grey market sources, on the grounds that the higher price you should have paid on the non-grey market reflects a higher level of expected service.

Additionally, companies may provide the warranty service only from the manufacturer's subsidiary only from within the intended country of import, and not in the diverted third country to where the parallel or grey goods are ultimately sold by the unauthorised distributor or retailer.

Are you prepared to make money at any cost? 

Are you the kind of person who'd sell grey or parallel goods to someone, irrespective of the effective lack of any genuine warranty on those goods?

Do you not care about the end user, your client, and your own reputation?

Because, if your answer is 'yes' to the first two questions, and 'no' to the third one, then I really don't see much difference between you and the scammers

In my opinion, if you're buying grey or parallel, then you're obviously a bit shady yourself.

The response by scammers to the grey market is particularly evident in the electronic goods market, where I hear people crying loudly at having been ripped and burned regularly!

Yes, it seems to be the people endeavouring to buy games and game consoles, along with iPhones etc., who are the one's who get burned most frequently by the scammers.

Just by virtue of wanting these goods grey or parallel, you put yourself at the scammers table, and if you're unlucky (which you most probably will be) you'll find yourself on a scammers dinner plate too.

If that's you, or you're thinking about entering this line of business, then I suggest you find another product line to trade in, one that you can get direct from a good OEM/ODM in China.

Remember, the scammers love those who love to buy grey!

Trade Safely!