- Jul 23, 2024 5 Minutes ReadDirect sourcing involves purchasing directly from the manufacturer without any middlemen or sourcing agents in its supply chain. Though it is a popular method to buy products, it has several pitfalls. Hence, most builders go through sourcing agents. In this post, we will examine the various limitations of direct factory purchase and how sourcing agents can help improve the profit margins. One of the main disadvantages of direct sourcing building materials to supply wholesale is that it is a time-consuming process, which is difficult to scale up if your business starts to grow. Many buyers who use this model have trouble with suppliers not being able to meet their demands and product quality issues. Let us see each of these limitations in detail. Limited Product Offerings When sourcing directly from the manufacturer, you often have access to products offered only by that one supplier. This is problematic because sometimes the product offering may not meet your needs. If you find a similar item elsewhere, it may not be as high quality as the original product. Issues with Product Authenticity When purchasing directly from a manufacturer, there is no way one can guarantee that the products are authentic unless the manufacturer has...
- Mar 08, 2024 7 Minutes ReadToday, 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...
- Apr 07, 2023 4 Minutes ReadBusinesses 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....
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