The development prospects of the sourcing company
In the early stage of reform and opening up, due to the strict control of the import and export rights of enterprises by the state, purchasing companies were once all the rage in China. In recent years, as the cost of manufacturing in China has risen, many foreign buyers, in order to reduce costs, purchase directly from factories or choose other purchasing channels. In this context, what is the development prospect of the sourcing company?
Why are customers more inclined to factories?
Because it can control costs well, achieve low prices, quick response, and strong ability to deal with problems, many customers like to find factories to cooperate, so it is not so difficult to receive orders.
What about the sourcing company? Do they have any advantages for customers to place orders?
1. The sourcing company has a rich variety of products, and the cost of customers is reduced
What do you say about cost reduction? Generally, a sourcing company either acts as an agent for many brand products or sells many types of products, offering customers a wide range of options.
Although the price of purchasing directly from the factory is lower than through a foreign trade company, a customer often needs a variety of products, and sometimes it is difficult to obtain satisfaction from a single factory.
2. The sourcing company has strong communication skills
Many purchasing companies have professional talents in small languages. The factories generally only speak English. Most countries do not speak English. Those non-English-speaking countries have a large market.
3. The sourcing company has strong adaptability.
We all know that the factory generally produces a certain product, and sometimes the quality control needs to be adjusted by itself, but it may not meet the customer's requirements.
However, sometimes the sourcing company only needs to change the factory, which is more flexible. The problem of the factory will not fatally affect the business of the sourcing company. Another point is that because the sourcing company is an independent entity, many customers like to find a trading company as a long-term cooperation, and let them help contact the factory for production, which is equivalent to an office of the customer in China. Such a relationship is also a model for long-term development of trading companies.
4. The stability of the sourcing company
As a customer, he needs a stable supply channel. After all, he is not a direct consumer, so he must be able to purchase normally at any time to ensure normal supply (to the customer's next home).
If he purchases directly from the factory, once there is a problem in the factory, he will face the problem of how to find a substitute. Finding a substitute is not easy and takes time. There is a disconnect in the overall supply chain, and through purchasing The company's procurement must be much more stable.
Generally speaking, compared with other purchasing channels, the sourcing company is more professional and trustworthy, and it is also the best choice for many foreign buyers. I believe that in the future, the sourcing company can survive for a long time, and the development prospects of the sourcing company are still very promising.
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