A sourcing agent is a representative from a particular region who can do all kinds of outsourcing jobs on behalf of an employer. In present days, sourcing agents are located in low-cost countries. High-cost countries have those companies who want to gain a competitive advantage by buying things, components or materials from low-cost countries. Some of the low-cost countries are China, Thailand, Vietnam and some Latin American locations. Those who are not interested in setting up an IPO or international procurement office at the desired location can employ a representative in that country to search, select and bargain with the suppliers. A good sourcing agent in China plays a very important role in doing good business there. A China sourcing agent is very much important when somebody wants to place a large order in the country. They can help in finding out and verifying suppliers who are good.
Some other functions for which they are needed are quality control, loading process supervision, shipping support, warehousing, controlling the business risks, supporting the legal contracts and after sales service. But, it is always not easy to find a good sourcing agent.
The Functions of a Good Sourcing Agent
A good China sourcing agent is responsible for the following functions:
- Finding new products and suppliers.
- Verifying the authenticity of the already existing suppliers.
- Negotiating the price and supply chain management.
- Inspecting and auditing the existing suppliers.
- Drafting formal purchase contracts.
- Quality control management.
- Supporting shipping and supervising the loading process.
- Supporting the customs clearance.
- Attending any trade fair on behalf of the customers.
A China sourcing agent also helps to collect information on the latest trends about the market as well as business trends.
How to Choose a Good Sourcing Agent
In China, every city has a dedicated industry of its own and each product has many manufacturing bases. So, it becomes very difficult to choose a good sourcing agent China has to offer as some things are to be kept in mind. First, they should be asked to provide at least 3 client references as this will help to build trust. Second, only those agents should be contacted whose office is near the manufacturing base of the industry. Their business license and export license in China should be checked as an important security step. Most importantly, they should have enough professional experience as many sourcing agents often lack the necessary knowledge about the market. A China sourcing agent should also be aware of the product safety regulations in the market. Visit at chinese manufacturer
Importing from China varies in experience depending on the product. There are certain products which are very complicated like machines whereas others can be as simple as furniture. Only those agents should be hired who have enough knowledge on the product and bring about the much-desired effect in a business transaction.
For finding out the right sourcing agent, enough time should be taken to arrive a decision. Moreover, you may also visit http://www.chinese-manufacturer.com for more details on how the right sourcing agent can assist you in your business. For more information, visit at: HTTP://WWW.CHINESE-MANUFACTURER.COM/CHINA-SOURCING-AGENT-IMPORTS-MANUFACTURING-DIRECT-SOURCING/.