More and more business owners are reaping the advantages of lower cost of living conditions in emerging economies by outsourcing manufacturing to those countries. But, it can be difficult to organise a transition to out-of-country manufacturing. There are language barriers, importation issues, quality concerns, and worries about the business relationship itself. In this article we look at how you can evaluate a potential manufacturing partner. We will put some emphasis on doing business with China, the most popular destination for outsourced manufacturing today.
Once you have identified one or more potential manufacturers, you need to evaluate whether those companies meet your needs. Here are some techniques for doing just that.
- Every Chinese company with a website must have and display an ICP number on their home page. If they don't you should automatically exclude them from your sourcing (Hong Kong websites are excluded from this requirement). You can use the manufacturer's website ICP number to determine the website ownership, and check whether there have been any complaints about the supplier.
To verify an ICP number follow the steps below:
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Article Source: Wholesale Directory of Dropshippers and Wholesalers and eBay Market Research.