CPS Asia Sourcing and Consulting

Cps asia sourcing and consulting email format

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CPS aims at breaking down trading barriers in cross-boarder transactions, while returning business to its original simplicity. We adopt methodical approaches to sourcing in China and help you avoid the following common mistakes: • Inadequate Due Diligence Performed on Suppliers. Check online reviews, follow up by telephone, verify its registration and certification, visit the supplier yourself, hire a sourcing service provider (don't forget to also verify this third party). • Lack of Protection for Payment and Quality Issues. Choose a safer payment method, define clearly what is the "quality" required and what are the exact "delivery terms", place a small initial order for samples, diversify your supply chain for when a supplier seeks unjustified price increases. • Transportation Cost Miscalculation. Work with a freight forwarder if you are new to international logistics. Make a decision on the trade-off of time and cost. Don't overlook the small costs for they can cost you the profitability over time. • No Written Contracts Reviewed by Attorneys. To adequately protect your interest, you must have a detailed written contract, preferably reviewed by a cross-border transaction attorney, to ensure a favorable provisions to buyers (namely, you). • Miscommunication with Chinese Factories In cross-border transactions, you can't afford to say that you and your supplier "kind of" understand each other’s expectations. Engage a Mandarin speaker, preferably a native speaker who also knows the business culture. Do not rely on your supplier’s interpreters. CPS provides customized production services, work with us to discover the beauty of simplicity.
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