One of the first steps every company must take before starting to import from China is to search for and verify the supplier they will work with. This task can be much more complex than it seems at first glance, as China is a vast country with a large number of manufacturers and suppliers to choose from.
Conducting a proper search requires knowing how the Chinese industry operates, understanding negotiation processes, and knowing the most reliable verification methods. Having the support of a company that helps with the localization and verification of the supplier will make this task much more agile and effective.
Supplier verification with Bull Importer
A management company not only saves time but also allows for the location of more quality suppliers, increasing the chances of success in the import operation. We must not forget that not all suppliers are reliable. Our experience in dealing with Chinese suppliers and manufacturers enables us to locate suppliers that offer legal guarantees, meet delivery deadlines, and ensure the quality of their products.
At Bull Importer, we advise and guide our clients to avoid making the most common mistakes when importing without sufficient experience.
- We negotiate with the supplier the most advantageous Incoterm, usually CIF or FOB, depending on the destination port fees and the cost of transportation from the port to the importer’s warehouse.
- We compare offers from different suppliers by analyzing the offered price, minimum order quantity (MOQ), the quality of their goods, and delivery times, as well as verifying that they have the necessary permits and approvals.
- We avoid intermediaries thanks to our offices in exporting countries and contacts with the best manufacturers. This way, we save unnecessary costs for our clients.
- We always advise that when placing the order, all specifications of the product and packaging are detailed. Additionally, we recommend requesting samples to verify that the quality and finish of the product match what was requested.
- Finally, we negotiate the payment method that offers the most guarantees for the importer, usually a letter of credit or bank transfer. This choice is always made after verifying the supplier and ensuring they have an export license.
SMEs now have many facilities to import from China or other countries. However, verification at the source is a necessary step to carry out a commercial operation of this nature with maximum guarantees.
A comprehensive management company simplifies the procedures and negotiates with suppliers, saving costs, time, and headaches upon receiving the goods.
Our presence in China allows us to be closer to suppliers and, therefore, to carry out supplier verification with greater security.