Product Sourcing top Banne

Taking the first steps to Sourcing

To get started you will need to supply as much information in the following 3 categories –
accurate and detailed information will make all the difference to a good end product:

 

1. Specification

The more details, and the more accurate they are the better. Try not to leave any detail to assumption, even down to how want the product packaged and shipped.

What is the item? What are its defining points? If possible, an accompanying drawing showing details would be even better.

What is it made of, are there any grades relevant, does something else come with it, and is there something it is not? Because it is standard to you, does not mean we will be as familiar with it.

Remember we do not go to China because we want to buy from there, we go there because of value. If they already provide an item of quality suitable to the African market and we do not detail well enough, then we can find the item exactly what was asked for, but not what was meant and certainly not ideal for the UK market.

We cannot stress enough how important this aspect is – good Specification is key.

 

2. Volumes

How many will you buy?
It's easy to say "it depends upon the price" but actually it doesn't.

Clients know how many they want or can afford, the better price will just gives you a better chance of ordering or bringing forward the repeat order time, and a larger second order.

So how many are you thinking of, and what re-order frequency is probable?

 

3. What is your anticipated target price and
    what are you buying at now?

If you are not going to make a reasonable saving on production costs, then it doesn't make sense to go ahead, however, hoping to pay 10% of UK production costs is probably unrealistic too.

Keeping expectations at a more realistic level helps us to determine if we are finding the right supplier, and also gives us the ability to refine prices appropriately without coming back with unsuitable information.

Good instructions mean a better end product


Professional details culminate in a professional result for both us and our client

As you can see, we are keen to know as much information as we can in order to do our job well, and offer as professional a service as possible.

As we are doing all the preliminary work at no cost to you, we want to ensure we do the best job possible as efficiently as possible, including testing the supplier to ensure we are getting the right offer.

Unsurprisingly, if we are asked to spend a lot of time looking into a project with no solid details, no idea on pricing, but we know what they mean, that project will not have a high priority.

If you are ready to move forward and think we could help you source from China or the Far East, then please contact us for a free consultation.

 

Product Sourcing Services ... The Sourcing Expert you can trust