Manufacturing is by far the most outsourced service, because it is a labor-intensive activity that can be performed cheaply by low-wage workers. Developing countries often do not possess sufficient resources to produce capital-intensive services such as engineering design in an economically efficient manner.
China’s current outsourcing market is growing an estimated 30 percent annually, and many countries have relocated their headquarters to China to establish businesses. Manufacturing in China opens a world of possibility to create a wide range of products and innovations. In addition, bringing product manufacturing to China allows you to create a higher volume of product for reasonable cost. With a little research and sourcing, you can build a partnership to manufacture your latest product invention. If your competitors successfully outsource manufacturing in China, they can offer prices to your customers that are 30 percent to 50 percent less than they are currently paying.
China has a huge network of potential factories to work with. It is China Find’s specialty to understand your business and production needs, in order to direct you towards the factory which is in the best position to manufacture your product.Once a factory has been selected, China Find will manage all aspects of production from prototypes and sampling to quality assurance. At each step, a detailed report including photos will be provided to you.
China is a country where many things are possible — but nothing is easy. Understanding the business culture, getting all your business disciplines intimately involved in your manufacturing operations there, and mastering the details are the prongs of a winning approach.
Steps To Take
Register your Trademarks in China
Registration can protect your future access to the Chinese market, prevent the export of counterfeit goods from China, and prevent a competitor from registering your mark in China, which would prohibit you from exporting your own product from China.
Product Quality and Payment Terms
The rule here is simple. Do not make final payment to your Chinese manufacturer until you are confident you will be getting an on time shipment of the correct items and quantities at the quality standards you require. This usually means you must incur inspection costs in China and provide for a clear procedure for dealing with these problems as they arise. You must take the lead on this.
Hire An Agent
To conduct business in China, you’ll need a local intermediary, an agent who can represent your interests, provide the right introductions, and negotiate agreements. The ideal agent should be fluent both in English and the local Chinese dialect in the region where you plan to do business.
Sell a Vision For The Future
Letting Your enthusiasm and entrepreneurial spirit shine through will show your production source that you are a serious partner. A Chinese manufacturer will be more eager to partner with you even if you are just starting off very small, if you can demonstrate you have a vision beyond just one order.
Check Out the Manufacturers' Production Capabilities
Their history, quality and their credentials to make sure they are first rate. If possible ask for references of companies they have worked with. Contact those companies and ask them what their business relationship was like. A few good referrals is a sign they know what they're doing.
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