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.

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