Tuesday, November 7, 2017

Best Things You Should Know About Sourcing Agent

Hello Blog Readers,

Before I start my discussions on this TOPIC, Let me Introduce - Kai who started to work as an independent China Sourcing Agent and interpreter in Shenzhen few years ago.

He also founder of China SourceLink [China Trading Company]. Their main part of service is sourcing and logistics service. They help you to identify the qualified wholesalers, manufacturers, and factories for targeted merchandise with a desire price.

Moreover, they will be able to find the right factories or R&D engineering teams for prototyping or original design manufacturing(ODM).

I already JOINED THEIR TEAM at Facebook | Twitter | Instagram | Google Plus

If you are planning to purchase goods overseas for a bricks-and-mortar or online business, it might benefit to use the services of the sourcing agent. The sourcing agent can act as a trusted middleman who makes it easier to invest in stock that hasn't been seen in person, as well as to help with business manufacturing. Here are five of the benefits of outsourcing aspects of quality control:

There is a saying that businesses are built based on morality and reliability. So, make sure that the sourcing agent you choose has a high level of reliability and morality. They should not have a record of cheating their clients. In other words, you may want to look for an agent who is honest.

The agent should behave well and try his level best to protect the interests of buyers. Some agents ask for commissions from the buyer as well as the seller, which is not a good practice. So, you may want to be careful. If you want to be on the safe side, we suggest that you work with a sourcing company.

An excellent sourcing agent should spare no efforts in tirelessly searching and talking to the optional suppliers instead of stopping the efforts too early before finding out the best choices. Careful research should be carried out on the official registration details, business type, year of establishment, production capacity, engineering capability and technical standards to ensure the required products can be made with ideal standard and quality. Additionally, once a supplier is chosen by the buyer, a good sourcing agent should take the time to go to the factory in person to check the assembly lines, warehouse, quality control standards, etc and provide the latest information and analysis to the buyer with photos, meeting minutes, written reports for the client's evaluation and decision-making.

Being a sourcing agent, the professional should be able to deal with international issues, such as certificate issues, quota issues, tax issues, anti-dumping issues, just to name a few. For instance, if you want to export beef, you will have to ensure that your product has a label and rating from the target country. The target country may reject your product it is not labeled properly. This is true especially if you are going to export your beef to a Muslim country.

An agent who is a pioneer in the business would be able to tap multiple sources and bring in numerous quotations from various organizations across the nations to choose from and thereby offer excellent quality of services. However, one needs to be careful not to blindly trust the sourcing agents as they might be referring a particular organization with which they might possibly have tie-ups and work for their personal benefits.

In the first place, sourcing agents or representatives usually work in a smaller team or simply work alone, while trading companies work in bigger offices with multiple departments. The result is the expenditures burdened by the latter are much heavier. However, a bigger reason is the conflict of interests between the trader and the buyer, the trader will never share the manufacturer's information (contact, original price) with the buyers for fear that the buyer could skip the trader and deal directly with the original supplier, in all cases, the trader strikes a deal with the buyers at a hidden and highest margin, while the sourcing agent works for the buyer at a clear-set service fees. Coupled with the expense factor, the price the buyer could get from a trader is much higher than the fees he needs to pay a sourcing agent.

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