Nowadays, importing from China is becoming increasingly popular and a strategic imperative, if you are looking for good products at cheap price but without having to compromise on quality. There are thousands of various factories in China specialize in different products, how to find a right and the high-quality manufacturer is often one of the first steps to start up your importing business – and it is absolutely one of the most important
Importing from overseas involves too many aspects, if you cannot manage this by yourself, you might need help from a sourcing agent that can handle those tasks.
Sourcing agents are a shortcut to finding your ideal supplier. They cut out all the legwork that you would have to do and minimize the risk involved in trying a new factory.
Why you need a sourcing agent?
There are many reasons to hire a sourcing agent but the main one is that you are more likely to find a high quality product quickly and efficiently.
Sourcing from overseas means it’s difficult to follow up suppliers locally, you cannot keep an eye on the quality of the products you buy. Also, communication between you and suppliers is inefficient and not clear, if it’s not face to face, (you are dealing with people of different culture and language). A large part of ensuring that the goods you receive conform to your standard and are able to be resold in your market is finding a reliable supplier.
A professional sourcing agent acts as a trusted middleman, who is ready to invest his time and efforts to ensure you access reliable suppliers so that you can get the correct products at a reasonable price. With the help of a professional sourcing agent, you are more likely to save time, minimize costs and maximize profits.
What you will benefit from sourcing agents?
With a sourcing agent on your side mean you are not alone! Sourcing agents live in your supplier’s native country. They are from your supplier’s country – and they know how to navigate it far better than you will:
- Sourcing agents can immediately spot scams;
- You don’t have to pay suppliers anything until you’re 100% sure of them;
- Sourcing agents can identify new suppliers that make your products at the right price and quality levels;
- Sourcing agents speak the native language and navigate the culture, which means there will be fewer communication barriers;
- They help develop new products/styles with these suppliers;
- You don’t have to do any legwork;
Reduce Overall Expense
If you do not have the plan to set up sourcing office to manage the operation in China, then a sourcing agent can be your local representation and work closely with your company to research, find, negotiate and manage suppliers in China. They can also assist with market research, quality control, pre-shipment inspection, customs clearance, and supplier network development.
The investment of hiring a sourcing agent will reduce your overall operating expense to increase revenue.
Sourcing agents can visit factories and quality check in person.
90% of the goods shipped from China are without quality check from 3rd party or from customers themselves, normally the quality control is implemented by factories. Whether you receive good quality products or not mostly depend on the suppliers’ integrity. In this case, a sourcing agent can arrange quality check for every order before shipment and give you 100% sure about the quality.
Enhanced security and safety
Doing business always accompany with risks and benefits, it’s very important to see the possible risks and know how to avoid them. Sourcing from overseas is not an easy work, there are many uncertainties could happen, for example, you have visited a supplier and the first impression to you is that they seem OK, but in fact they’re bad suppler only do one-time business, or the supplier meet financial crisis at a time and couldn’t produce your orders, or they send you substandard products, etc, What’s more, as your suppliers are on the other side of the planet, you can’t check on site regularly to see what’s going on.
This is where you can benefit from having a sourcing agent. A sourcing agent knows the ins and outs of the business in their country, they can visit the suppliers constantly to see what’s going on and report to you immediately if there is anything goes wrong. They can ensure you access trusted suppliers so that you get the qualified products.
What’s the downside of using a sourcing agent?
Profession – In China you can find many sourcing agents that employ themselves in various industries, sourcing all sorts of products. You should be careful of these sourcing agents if the products you need are relatively technical and professional. They are more likely do not have the expertise and experience to find these products for you, and of course, cannot find you the good quality product at a reasonable price.
Transparency – Your sourcing agent’s job is to get you the best quality product at an affordable price that they can find – end of. Sometimes, they might just tell you the price and the product details and that’s it. This means that you aren’t aware of who your supplier is and you have no idea whether or not the price they offer is the initial price from suppliers. They might add a little commission in it, or they take red envelope from suppliers, you don’t know.
Responsibility – Sourcing agents being as a third party, liaise between you and the suppliers since they work closely with suppliers, it’s important to know who they will defend if any mistake happens in the supplier management process.
Penglight is a sourcing agent and service company, unlike the other common sourcing agencies, we specialize in LED light and we do it well. If you are looking for a professional sourcing agent to help you with importing business, Penglight can be the right choice!