Sourcing from Asia
Sourcing from US and EU companies has been challenging. This is due to supply chain disruptions and trade conflicts. Companies around the world may also find higher-priced products that are not as high quality as Asian products.
Sourcing from Asia is an excellent alternative to sourcing from developed countries. Various countries in Asia are extensive production bases. They can produce affordable and high-quality goods to satisfy your local market.
This article will share the advantages of sourcing from Asia. You'll also learn how a good sourcing agent can improve your supply chain. let's start!
Why Do You Source from Asia?
Most companies source products from Asia for various interests. Here are the benefits you can get by sourcing from Asia:
1. Good Quality and Low Price
Asian countries focus on cost-effective and high-quality goods to increase their profits. They carry out good quality control based on high technical standards.
2. High Labor Intensity
Suppliers from Asian countries also typically have a large workforce. The manufacturing capabilities of these manufacturers can enhance your supply chain. You can get a lot of products from Asia to meet the huge demand.
3. Have Transportation Experience
Nine times out of ten the real problem for businesses is shipping. The good news is that Asian suppliers are very good at this. These trading companies are also experienced in exporting for your industry.
They have the expertise to handle shipping activities. For example, customs and product regulations. This will save you more shipping and customs troubles.
4. Abundant Product Selection
You will get a variety of options from these Asian trading companies. They have a comprehensive list of Asian suppliers and products for your industry. You can choose the best items for your favorite product category.
5. Policy Advantages
Asian countries have a policy advantage over Western manufacturers. Governments support their production, transportation, and other trade policies. You will be satisfied with the procurement process in Asia.
How can Asia Sourcing Agent help you?
Hiring a purchasing agent can be helpful for your business's supply chain.
Great Quality at a Great Price
Resellers can help your business source products.
RND excels at reducing profitability costs and finding lower-priced suppliers. We recommend using a purchasing agent to get a lower price. You will get a fair price, good quality, and high manufacturing capacity. Even adding in the cost of the buying agent, you can save even more money.
Negotiation Coordination
The right sourcing agent can be the liaison between you and your suppliers. These agents have the business knowledge and access to a reliable supplier network. Your agent will also communicate your requirements clearly to the vendor team without language barriers.
Technical Assistance
These purchasing agents also specialize in technical assistance. Buyers can rely on their agents to handle contracts, payments, and deliveries. They can even do quality control on your samples and orders.
RND purchasing agents can help you with various technical aspects. They employ quality control. Give you the AQL you need. And buy the best stock to generate higher profits.
Reduce Risk
Businesses can save even more hassle by hiring a sourcing agent from the Asian market.
RND has a long list of suppliers. They've worked with them. Therefore, there is no risk involved in dealing with them. Also, quality control helps differentiate quality.
They can reduce your company's risk throughout the supply chain.
One-Stop Purchasing Solution
Your agent can also arrange customs clearance and import licenses for your business. They can even handle overtime and consolidated shipments for you.
How to Spot a Reliable Asian Sourcing Agent?
Choosing a good sourcing agent for your business is crucial. Here are some ways you can verify them:
Business License
Licensing is the first thing I check whether the agent is in Asia or Europe. It ensures that the purchasing agent is genuine and understands the e-commerce business dealings. Super cool for a brand.
You should always look for a licensed buying agent with professional certification. For example, those with a Certified Supply Chain Professional (CSCP) may be more reliable.
Expertise and Experience
Finding someone with years of experience in your favorite industry is crucial.
They must be professional QA services. These services are specific to technical requirements and specifications.
Your sourcing agent needs to know how to validate contracts and enhance your supply chain.
Legal Knowledge
A good purchasing agent should be familiar with the regulations.
They shouldn't just rely on "relationships"/relationships. This is to avoid inappropriate business practices.
For example, import licenses, business processes, labor laws, medical regulations, etc.
Testimonials
You can also determine the trustworthiness of their services through online testimonials and reviews. Check if they have a professional website in fluent English. You should also focus on a good company reputation.
Supplier Network
Typically, an experienced purchasing agent has an extensive network of suppliers. You will get more choices in product sourcing of different quality levels.
Flexibility
Your purchasing agent should be close to the manufacturer. It will save you more cost and keep you updated quickly.
Transparency
Costs and manufacturing processes need to be transparent in the course of business. Just as importantly, they arrange factory tours at your request.
Predicting the Future of Sourcing in Asia
Since the 2020 hiatus, the Asian sourcing landscape has been in flux. Brick-and-mortar business is declining compared to the past. In the wake of the COVID-19 pandemic, more customers will focus on e-commerce activities in 2022. They prefer the adaptability of new technologies and sustainable technologies. Supply chains have transformed from traditional supply chains to digital supply chains.
Many companies are aiming to reduce their carbon footprint even more through digital procurement. It applies to materials, manufacturing capabilities, or transportation. Companies around the world also prefer cost-effective locations close to supplier bases.
They prefer faster product development, more accurate forecasts, and less downtime. All of this contributes to the faster delivery they want. Companies all over the world are also looking for one-stop solutions, whether they are wholesalers or retailers.
They select partners to complete supply and demand planning. Additionally, these companies also specialize in procurement, logistics, and manufacturing.
Final Thoughts
To adapt to the new normal, importers around the world have to source good products.
In this case, Asian countries are good options for sourcing products.
Many countries in Asia can meet the needs of Western customers. They have great production capacity.
You can also get good service, excellent product quality, and affordable prices here.
Consider finding a reliable sourcing agent or another trading partner to save the hassle. They help coordinate processes for better supply chains.
I hope this article was helpful in your journey of sourcing products from Asia.
Please feel free to visit RND for more useful purchasing information. RND is a China sourcing agent for professionals. Our original idea is to help foreign friends solve communication problems with Chinese factories and be responsible for the quality control of production. As demand for this service continued to increase, it became our main business. Over the past 16 years, we have built trusting relationships with clients from more than 50 countries. With our help, more and more of their products are featured and bestsellers on Amazon. If you are looking for a Chinese sourcing agent, welcome to contact us.