1 Cent of Saving Wins 2 Cents of Earning.

                                                               —— MSCN

Supplier Sourcing / Procurement Project Support / Logistics Coordination

Question 1: How to Find Qualified Suppliers?

Our Answer:

B2B websites: We identify and get the first view of potential suppliers.

Fairs / Exhibitions: We talk face-to-face to suppliers, and obtain directories and brochures.

News papers / Magazines / Yellow pages / Recommendations: We find useful information 

and communicate.

Social medias: We can get to know more about the certain industry and background of 

potential suppliers by searching and reading information shown on social medias.

Question 2: Where to Find Qualified Suppliers?

Our Answer:

China has a lot of industrial concentration key areas for commodities, where factories 

making similar products are gathering together. 

This gives us enough advantages to find reliable suppliers and competitive prices.  

Examples:

Mug / wine opener: main manufacture area--Yongkang / Wuyi,etc.

Hat / shirts / belt: main manufacture area--Jinhua / Yiwu / Shishi / Dongguan / Shenzhen,etc. 

Question 3: How to Choose Suppliers?

Our Answer:

1) NDA or CA: 

We've got names and contact information of potential suppliers. 

How to identify those who are qualified, capable, and ready to do business? 

How to test their price reasonable or not? 

Are they competitive  enough? 

It is a good method by using some old parts’ specifications to test. 

But before that, remember to sign the NDA or Confidential Agreements, it is the 1st priority.

2) GTCP & GTR: 

Potential suppliers will be given with technical requirements about quality, as well as those 

about commercial regulations. The cooperation way need to be aligned with them before any 

further contact. 

3) T-RFQ: 

We send out old parts’ specifications for test-RFQ to collect information as detailed as possible.

4) Costing Analysis: 

It is necessary. Autonomous analysis of potential suppliers' costing structure can lead us see 

through their quotation strategy. It depends on the know-how of the certain industry, of course.

Question 4: How to Evaluate Suppliers?

Our Answer:

We now can reject uncooperative potential suppliers, and have a list of who are willing. 

Next, we will implement on-site audit, and do the objective supplier-scoring.

You may have met some suppliers always saying “No problem!” “Everything is OK!”.

However, they always fail and let you down.

That's why analysis of every details of their production capacity is so important, include: 

factory size, employee quantity, turnover rate, worker experience, machine capacity...

Some suppliers're telling lies about their financial condition. 

Financial sustainability is definitely a key topic to focus on, through checking their

Business License; National Tax Registration Certificate and Invoicing, etc, can have

a general view, but far not enough.

To get a better view, we have to consult to:

The State Administration for Industry and Commerce; 

The National Administration of Taxation; 

The local and higher Law Court. 

What we need to figure out is whether they have bad or illegal records, or they're 

getting involved in financial disputes. 

Safety, Safety, Safety! Top important!

We will keep you away from any possible business risks.

Question 5: How to Finalize the Sourcing Job?

Our Answer:

We implement the "Turn-Key".

After all been analyzed, we will provide you with quotation reports, i.e. summary reports

of all commercial details, all supporting documents, qualification audit reports and any 

other analysis will be presented as well. 

Sourcing in China, we're the best in the world!