Business
The State of China Manufacturing
When you look at a large proportion of the worlds manufacturing you will notice that a large amount of it takes place in China. Most products that you pick up off the shelves these days have made in China stamped on them somewhere. So why has China manufacturing become such an attractive proposition to companies these days?
Well for a start if you look at the country you will notice that it has one of the largest land masses in the world and obviously with that comes a large population that needs work. China is still a communist country and therefore has come up against a number of human rights issues for the way some people are forced to work for very little in conditions that aren’t exactly suitable for the type of work undertaken.
Obviously not all China manufacturing plants are run under such a strict regime and this is why a lot of western companies choose to place their manufacturing in places like China. Most of the major sporting and clothing brands have China manufacturing branches that produce all their latest products. Nike, Adidas and many more companies all utilise the cost benefits of producing their products in China.
Some people sometime bemoan the fact that all the manufacturing work has been shipped off to China and China manufacturing agent. However, if you run a business your main aim is to get your product produced to a specified and satisfactory level at the cheapest price possible. That is how you make a profit and that is the most simple rule you will find in business.
Obviously the work that is being performed at the China manufacturing plants is to a satisfactory level for the companies otherwise they would move their production elsewhere. The worrying thing seems to be that very few people seem to worry about the working conditions of the workers. People have exposed some of these employers for keeping people in cramped and unworkable conditions and yet after the company issues a full and frank apology and mentions that they didn’t know about the working conditions, nothing really changes.
The clientele has an important role to play in this also, making sure that manufacturers play by the rules. If we did then we could ensure that no worker has to struggle and sweat all day to earn a pittance that isn’t enough to fund basic food, drink or accommodation.
How to identify the right manufacturers to work with
Outsourcing may be among the most interesting parts of the product development lifecycle. The first step is to imagine a new design in the mind, create prototypes and finally the product is ready to be manufactured.
However, according to most companies that create products, supplying and deciding on a manufacturer can lead to the success or failure of a product. Finding a compromise between deciding on a factory to produce a quality product and managing logistics – such as timelines, shipping and minimal quantities – is the challenge usually encountered in developing new products. It becomes even more difficult in today’s world economy to identify many factories to choose from.
The steps that need to be taken to find a manufacturer in China are as follows:
How to identify the right manufacturers to work with
To get started, identify several factories that a company can learn more about. It would help to get references. A company can contact companies with similar products and inquire about the manufacturer that they use. This way the company can find out more about this company from the perspective of someone in the same position.
At this point, a company must identify the factories that can meet their needs and make a shortlist. In identifying the factories they will investigate in more detail, they should ask the following questions:
Do they like a domestic or foreign manufacturer?
There are important things to consider in choosing between a domestic and overseas manufacturer. There are advantages and disadvantages to each of them, and it also depends on the product they plan to manufacture. They should weigh the cost, quality and speed. Above all, think about your needs. The products that need to be assembled will be cheaper overseas because they have lower labor costs. However, large parts that take up a lot of space in a box will be cheaper locally. In addition, transportation and taxes need to be considered as well.
Do they like to work directly with the factory or prefer to work with a broker / agent who is a factory representative in the US?
The answer really depends on your needs. When they work directly with the factory, this would cost less and they may be more involved. When they work with a broker / agent, although they are less involved, they can work through an agent whose relationship to the plant is already established. It all depends on what is best for your situation.
What kind of manufacturing do they need can be managed by the factory?
It is obvious that companies need to be specific in identifying the manufacturer they need. For example, a factory that works with electronics does not necessarily mean they have the ability to manufacture all kinds of electronic products, since there are a wide variety of requirements involved. Thus, companies should choose a manufacturer that best meets their needs.
Helpful Guide To Choose A Perfect PCB Supplier
When there is a need for a quality manufacturer of PCB products, then it is important for you to choose the services of the best PCB supplier for your requirement. When you are making an online search for the well known PCB supplier within a specific region, you will have a lot of options before you. However, it is important to choose a PCB supplier to fulfil your demands and to deliver high quality goods. It is important to know the several pointers that would guide you towards the right type of PCB supplying firm to stay assured that the end products you receive are with best precision.
Choosing the best PCB supplier
We have compiled a list of pointers that you must be aware of while selecting the right China PCB supplier.
Reputation in the market
It is always essential to perform extensive market research to know about the best PCB suppliers in your locality. It would also help you to know which company offers the high quality products at the best prices and how they interact with their clients. It would help to know about the market orientation of a specific company that you are interested in. You can then approach that firm to know whether they offer the products you need at affordable prices. You can also choose a best supplier of PCB products based on their specialty, as they might have many years of experience in offering specific type of products like the ones that have hydrophobic coating UK, or fast turnaround prototyping.
Period taken for manufacturing
When you have a large order for PCB products, it is important to consult with the supplier about the manufacturing time taken for the same, as it determines the quality of the final products and whether your product deadlines will be met. When a specific product order has an emergency delivery time and you require a supplier who can deliver within a time period of 24 to 48 hours, you need a supplier you can trust who is organised and willing to ‘go the extra mile’! However, you must make sure to check the products will be pass all the relevant tests and inspection to stay assured of its quality. Do not choose those companies that do not assure you of complete inspection of the products due to the lack of time.
Criteria for inspection
A good China PCB supplier will never accept a project with a tight deadline, as they might be following very strict standards for inspection and have stringent quality tests which they will not want to compromise. The PCB manufacturing service that you choose should be very sure about the end products with zero defects, as it is important for impressing your clients at the other end. So, it is a wise decision to check with the company regarding the criteria they have for inspection before trying to shortlist them.
Pricing options
Stay away from those supplying companies that demand a high price for the quantity of product that you order and from the ones that demand very low rate in the market, as they might not manufacture top quality products. Make sure that you ask for quotes from various PCB suppliers and select the ones whose price is on a par with the products’ quality and design. The key advantage of choosing high quality product offered by the supplier at a reasonable cost is that they would be durable and save money at the same time. Plus, such high quality products would need very low repair and maintenance costs.
If you wish to deliver your clients with defect free and repair free PCB products then make sure that you do enough research and take these pointers in to account while choosing a best PCB supplier.
Wholesale Suppliers – Win Competitive Edge With Chinese Wholesale Suppliers
Whether you have an online store, a dropship business or a brick and mortar store, the best way to get more profit is to get your stocks from Chinese suppliers. Manufacturing and production costs are very low in China so they can sell their products surprisingly cheap. Of course there are certain risks when dealing with Chinese suppliers, but these risks can be minimized or even eliminated if you are careful and prudent in securing your actions from China.
A very effective and reliable way to find a reputable Chinese supplier is by referrals and recommendations from people you know. Ask someone that you know if he can recommend any Chinese supplier or if he knows someone who has connections in China. This will eliminate many risks and you will have more chances to find a reputable supplier.
You can also use the internet and check out the wholesale directory listings of Chinese suppliers. Search for possible wholesale suppliers of the products you want to sell. Some websites charge expensive membership fees from vendors and there is less risk when you deal with vendors from those sites. Others, however, are free and anyone can post items to sell, even if they do not have the products. You have to be careful and send them by email and ask questions about the product, shipping rates, delivery time and method of payment. The way they deal with the issues will give you a clue about the authenticity of potential wholesale suppliers.
By far the best way to deal with China wholesale suppliers is face to face. You can find Chinese suppliers at trade shows or plan a trip to visit the factory or the supplier depot in China. This, of course, is a great investment, but it is something worth considering, especially as your business grows.
Getting your shares from Chinese suppliers allows you to get maximum profits because of their low prices. You can minimize the risks involved by placing a small order first to see how the supplier fills the order. Use secure payment methods, like PayPal, and have full coverage of the items. Using reputable suppliers from China will help you to make the most of your business.
What to Remember When Buying Wholesale Products – How to Buy Wholesale Products From China
A relatively speedy way of getting a head start in the business of buying and selling wholesale products is to buy the goods from China. The items found there are inexpensive and numerous. Many brand names are also being manufactured in China so the companies and wholesale dealers are already quite used to dealing with foreigners in business.
Let us go through things that we should not forget when acquiring wholesale supplies. First you must identify the kinds of items you would want to buy. As much as possible keep the items to things you have had a working experience with before or at least made a hobby out of a part of it. This will give you a more detailed insight on the item and will help you when determining if you should or should not buy a particular item for the price that is given. From that list further refine it to items that you know people need to buy every so often like discount apparel.
If you are versed in the trends of different product ranges you can also capitalize on that. Capitalizing on trends though will need inside information for that particular product from distributors and wholesale dealers alike. Remember in buying wholesale supplies that are faddish you need to find out very early in the game which is hot and which is not. If you do not have access to that information you might get stuck with out of date discount apparel, shoes, bags or other items that no one will buy.
So how to buy wholesale from China? When it comes to Chinese wholesale dealers be sure to check and verify their legality as well as their business track record just like for wholesalers here as well. Study the listings of wholesalers and look for people they have already conducted business with. You can then call these people up and get first hand information and tips on if they are reliable to use as dealers and if there are any tips that one needs to interact with them.
Remember not to assume that the distributors in China think and understand like you do. There are cultural things that might get lost in translation because we assume they already know. Remember to check if they understand what you really want done or delivered and in exact terms so there is no misunderstanding. Be sure to remember to ask about shipping and who will shoulder the costs as well as trade taxes if any. Be aware that their warehouses may not be in the US and taxes, shipping and time lines are different and must be factored in.
A very important thing to remember is to go out of your way to get to know your contact in the Chinese company. Be familiar with him or her to ensure smoother communication and open business lines. This will help in a multitude of ways.
Do prioritize having ready retailers to distribute to once the goods from China arrive. If you do not then you will have to pay for additional storage charges. It is best to have ready retailers waiting to get the discount apparel or wholesale supplies immediately and transfer it to their own warehouses to avoid you paying storage fees.
Chinese Freight Forwarder – Do You Have The Right Forwarder?
Freight forwarding companies have became an integral part of the Transportation industry. Thinking without them would make it hard to transport goods from one place to another. The freight forwarders always make relationships with carriers of all kinds, from air freighters trucking companies, to rail freighters and ocean liners everyone is in their contact relationship.
When one wants to transport goods internationally, China Freight Forwarder would take care of everything, from planning, estimation of costs, getting it clear from the customs, help you know about the most economic path everything is is looked by them.
China Freight Forwarder provides a considerable amount of services that assist in transportation of goods. They choose the most cost-effective path, rendering the necessary quotations and written documents concerned to shipping.
Using Chinese freight forwarder can help you cut your costs, as they make all needed arrangements because they have specialized and it’s not alone your company, but others would also be using their freight services. But to find the first forwarder always do your inquiry work so that you select the optimal forwarder.
During your enquiry be attentive on points like:
· Customs Clearance – Your forwarders should complete customs paperwork on your behalf, and also give any taxes or duties payable
· Other Documentation Issues – Eg Bills of Lading, or any documents required by banks before payment should be discharged
· Insurance – See that your forwarder is providing insurance service.
· Inventory management- Should also be taken care by the forwarder.
Your freight forwarder can also help you on information and advice about the worldwide trading process.
China Freight Forwarder should be licensed as carriers in all states where they operate. And it’s very essential for forwarders who function internationally to have the import and export license in each country where they function. The freight forwarding company should be able to track the shipment, and affirm carrier changes and follow up on deliveries as and when the goods move to the final destination.
China Freight Forwarder helps to keep the client’s untold time and also other views that could make trouble while offering the most trusted transport at the nicest possible rates. Indian Freight Forwarder prove to be one of the best advantages to the everyone who regularly transport goods on global level.
China Manufacturing
American Business Manufacturers have for the most part outsourced manufacturing to China due to reduced labor costs of up to 70 percent savings. This cost is then transferred to American consumers and is self regulating due to normal supply and demand and competition with other retail outlets.
An American business who wishes to compete with the new world economic system usually will be outsourcing manufacturing to China to be competitive here in the States. This can seem like a daunting task as most people do not really know where to begin. The best place to start is with a company who already has an established relationship with Chinese Factories. A company that is based here in the States but also has Manufacturing Factories overseas.
For example, if a US company needs an inexpensive manufacturer of China products, they would call this established company and talk to an English speaking American here in the states which really helps in building a relationship and in clarity as there is not as much room for miscommunication due to language difficulties.
As we all know while China is leading the Manufacturing role in the world economy, yet they still have room for improvement in quality standards as we have all read in the news. That is why it is essential to contact a company that is based in the USA to assure quality standards. If for no other reason than to assure accurate communication between you and the Manufacturer. English to Chinese and vise versa are very hard languages to bridge for anyone.
Usually when purchasing a product from China it will be delivered on a ship that has to cross the Ocean. This will take a total of about 4 weeks after shipment. Then it will arrive at customs at the port of your choice and at that point you will have to use a customs broker to work the product through customs. It is possible to do this yourself if you are present where the shipment arrives, but even so the broker is the fastest and easiest way to go in my experience.
Ideally you want your China Manufacturer to have people already set up for you to work with to make this whole process easier. Again, using a company with a branch here in the US assures the best possible assistance for you.
Manufacturing Consultants For The Functional Businessperson
If you launched a company with a very clear mind-set to have it become an industry competitor one day, hiring a manufacturing consultant ought to be amongst your goals. A consultancy agency can produce key business advancements you could not even think achievable.
What tends to make a great consultant?
A fantastic manufacturing consultant must at least perform three issues: (1) research your business, (2) recognize your issues, and (3) formulate reasonable strategies.
Learning your business is important so the expert understands how every little thing is currently heading. This entails looking at your functions be it in manufacturing, data processing, hiring, or providing out packages. It helps the individual understand the the inner workings of your company generally to see which other things may need betterment.
Verbalizing your concerns and ultimate goals in early stages is also essential so you may function as a group afterwards. While the manufacturing consultant might be the one to think of innovative ways, he or she will nonetheless need to have your inputs on certain areas. Consulting entails a lot discussions and at times even arguments so get ready for this eventuality.
With regards to reasonable designs, this entails breaking down the entire scheme he or she proposes. This really should entail a long-term goal and also a short-term aim also. Long-term goals are something that may take months at a time to complete or even years. Short-term kinds are essentially the breakdown of its lengthier counterpart. This shift ensures certain ranges are achieved before proceeding to the next actions.
Employing a manufacturing consulting agency is really a smart decision. This, nevertheless, does not mean you ought to just get any agency out there. Study enterprise report and clientele to understand which consultancies produce the proficient service at affordable prices.
Three Ways To Source Products Fast
One of the biggest questions that any Amazon trainer or consultant gets on a regular basis is How To Source Products fast to re-sell on sites such as eBay and Amazon. But before I get into the main part of the article I do need to have a little chat with you.
I guess you have by now you have sold all the unwanted items in your home and the homes of family and friends. Is this right..? Now I am not pointing any fingers but many times the answer that I get is No, but I still need to source items to sell. Please stop and take some action. Start to list items around your home, make the mistakes, and learn from those mistakes and when you have sold all those personal items you will have gained both experience and will also have got some cash to buy your stock. Is that fair?
Drop Shippers – This is one quick way to get products listed in your online store in a matter of hours. Honest you can find a drop-shipper, sign up and in hours can have thousands of items listed, and you only buy once you have sold. Now while this sounds good, please be very careful, not all drop-shippers are good and at times you are selling on the same sites as they are. Just check them out, and never pay to become a drop-shipper.
Wholesalers / Cash & Carry – Take a look in your local Yellow Pages, or Trade Directory. Here you will find loads of different wholesalers who are ready and waiting to take your money, and in return you will get some cool products to resell online for a nice profit. In this industry you need to buy low and sell high.
Closeout – This is often hard to find, but once you have find these closeout / liquidators you often can make massive amounts of money. These companies take stock from firms who have closed down or end of lines. Again as long as you are careful you very often can make huge amounts of cash.
The above are very quick examples of how to find items for Amazon product sourcing, yes it can be that simple but in closing please do not just go out and buy anything because it is cheap. You could be lucky and be able to sell it all on and make a profit, but you also could be left with a box load of rubbish. Go online and do some research and if this research confirms all is well, go out and buy.
Product Sourcing For Amazon? You’ve Got to Know Where to Look
Have you decided what type of thing you want to sell on Amazon? If so, it’s time to find suppliers that will help your business become successful. There are a couple of ways to find the right suppliers to work with to start making money quickly. Here are some tips to help you find the right product sourcing for Amazon partners and get down to the business of online business.
First, start using Google (or your favorite search engine). Because you already know what type of products you want to work with, it’s easy to include some basic detail in those searches. Use phrases like “music CDs dropshipper” or “pet accessories dropshipper” to locate wholesalers who will accept orders from you and ship the goods to your customers. The ins and outs change from vendor to vendor, so check out a bunch and bookmark the ones you like.
On top of the more general search, you can also check out websites that have already put together a list of wholesalers for Amazon sellers. There are a couple pretty good e-books and websites that can hook you up with a bunch of potential drophippers. The advantage of these sites and e-books you get to find out what others think about specific vendor partners. You also get some good tips on the best items to sell on Amazon, as well as some ideas on how to write the ads for you auction and Amazon store.
You can find plenty of sources online, but don’t neglect offline sources. Magazines dedicated to working at home often have articles and advertisements about wholesale dropship supply companies that you can consider. Simply visit your local library. They usually have several copies you can look through and get some ideas for sourcing products for Amazon.
Finding the right dropshippers is critical to the success of your Amazon business. You have to find out as much as possible about how different wholesalers work, and sign up with the ones who are the best fit for you. Always know your obligations before signing anything, and if at all possible try to talk to people who already do business with the wholesaler. This helps you get a better idea of how well they work with their partners, and what you can expect if something goes wrong. Take your time, look at your options, and you will be able to find the right product sourcing for Amazon partners to help you achieve your goals.