One of the most important concerns of any buyer is the cost of products sourced from China. The sourcing agent will make negotiations easier across various suppliers. So, if you are looking to get the best possible price on your procurement process, it is better that you understand the thinking behind the manufacturer’s pricing decisions. This will make it easier to negotiate a fair price without being overly forceful and rude. Here is a detailed guide about how supplier pricing is done and what methods are used for it. The Pricing Goals of Manufacturers  When determining the price of a product run, the manufacturer will consider the basic law of economics in terms of supply and demand. But remember that this is only an external force over a long-term period. The two main internal forces that work with supplier pricing when buying building materials supply wholesale are the internal cost structure and the pricing goals. So, the pricing goals of the manufacturer can be summarized as follows: Obtaining sufficient expected returns, which is divided into long-term and short-term returns For a longer period, by creating the largest total profit with control over revenue and total cost. The pricing goals are reasonable...

Today, we focus on sourcing steps when buying from China. We know how difficult it can be for import startups, local buyers seeking to outsource manufacturing and young entrepreneurs to get familiar with global sourcing. Buying wholesale from China not only requires planification, funds and a sales outlet. Many times over, we have been asked what IncoTerms mean, or how to handle customs clearance for goods made in China. Whether you import from China, Turkey or any other country, understanding the sourcing steps is the cornerstone to the success of your purchasing wholesale from China.    Reach Out to Sourcing Companies Your first step is to contact a reliable sourcing company. They can make your buying process stress-free. You can get all the information on a single platform and reach out to the market anytime, anywhere, without visiting China for research purposes. This can save you a lot of time, energy, and money taken for visiting Chinese factories and negotiating with suppliers.   Reach the Market by Visiting Factories and Manufacturers Physically visiting manufacturers and factories can be time-consuming, but it will allow you to identify the products and negotiate with the suppliers. Buying wholesale products from China directly from the...

Businesses are not easy to run! You need to source products from a place where the goods are reliable, reasonably priced, and of high quality. Probably that’s the reason why most business owners opt for sourcing their products from China. Here’s a post that highlights why sourcing products from China is recommended. Everything’s Reasonably Priced, and the Quality is Excellent. The best part about sourcing products from China is – you get quality products, and everything’s reasonable too. Some might believe Chinese products are not durable, but that’s incorrect. Businesses have found suppliers that make excellent-quality products. Even some of the top U.S.-based clothing brands source their clothing from China. The reason why it’s cheap is that the labor cost is fairly low, so the items are inexpensive. Businesses want affordable products but also need good quality, so China is the best bet for sourcing products. It’s Time to Scale Up! China’s infrastructure is quite robust. Most manufacturers have in-depth knowledge and several years of expertise in supply chain management. You may increase the sourcing of products from thousands to even more than a million in a few days. That’s because the manufacturers can scale up their manufacturing whenever they want....

According to world trade statistics, no less than 16% of consumer goods were imported from China in 2020. While Germany came in 2nd position with only 8.55% of consumer goods exported globally. One can imagine the sheer number of Quality Inspectors travelling back and forth factories to inspect goods in China. Here are the main reasons why Buyers use JS Sourcing quality services:

Notwithstanding COVID-19 preventive actions, coupled with a low consumption for the last year, China is still the go to destination for buying wholesale globally. Whether foreign buyers seek low-cost made in China, or competitive advantage over their local competitors, or even an improved economies of scale, Chinese wholesalers help import businesses to maintain a profitability overall. While the margins offered by low end products are reducing due to the increase in workforce wages and stricter regulations, there is still a lot to do with middle-end and high-end Chinese wholesalers. Today’s workshops and factories have never been as well-managed and equipped. Export companies in China have gathered a great amount of knowledge about products, international standards, and foreign business habits. In a nutshell, Chinese wholesalers have come a long way when looking 30 years back. Nowadays, the challenges when dealing with importing wholesale from China are for example the sheer number of so-called “wholesalers”, “exporters”, and “trading-companies”. This alone can feel overwhelming even to a seasoned buyer. So, together, let’s see what China wholesale strategy may work for your business. Step 1 : Finding the right Chinese Wholesale Company “A chain is no stronger than its weakest link” makes a lot...

According to global trade statistical data, China produced 28.7% of the world’s manufacturing output in 2019 compared to the US’s 16.8%. It is no wonder that China’s nickname is “the factory of the world”. In 2022, many may think that China industrial output is dropping due to COVID-19 related disruptions. Yet, in 2021, the country recovers with an increase of 10% in industrial production. According to a recent survey conducted by Industry leader, China still accounts for at least 50% of manufactured goods traded worldwide. Whether it is hardgoods, softgoods, electronics or  toys, China remains the largest manufacturing nations from where international manufacturers, traders, or importers buy from. If you engage in buying from China, you must ensure your products are made to your exact specifications and adhere to the established quality standards. To prevent a shipment of defective items, or subpar goods from China, it is essential to have a quality program in place.  You can achieve this thanks to quality control (QC) and inspection from a top China inspection company. You can be sure your Chinese manufacturer or supplier will meet your quality criteria if you put the requisite quality control and inspection procedures in place. Two steps...

As a property owner, you know that finding the right kind of furniture for your business space can be a daunting task. There are many factors to consider, from budget to style to functionality. And if one is not careful, your team can easily spend too much money on furniture that doesn’t meet the space requirements. When sourcing contract furniture for your hospitality business, there are a few things to consider. This post will share five essential tips for finding the right furniture for any business space. By following these tips, your business will be able to find furniture that is both stylish and functional – and that won’t break the bank. What is Contract Furniture? Contract furniture is a type of furniture that is specifically designed for commercial use. This can include office furniture, hotel furniture, restaurant furniture, and more. Contract furniture is usually more durable and long-lasting than residential furniture, as it needs to withstand heavy use in various settings. Contract furniture is a great option if your team is looking for furniture for a specific business. When choosing contract furniture, it’s important to consider the particular needs of the concerned industry and select pieces that will be...

As of September 13th, 2021, Shanghai Municipal authorities have stopped almost all rail and flight activity bound from Shanghai in order to protect China from typhoon.

Let's look into the types of Chinese suppliers and how to select the best Chinese manufacturing Companies for your business. It is the first step to building an efficient and sustainable supply chain in China.