Snippets

Many smaller businesses still baffled by sourcing agents at sourcingcheap.com , especially there's ambiguous and outdated information online misleading them. Therefore, I taken care of 8 buyers’ most concerned and confused questions regarding sourcing agency and gave you the most objective answers.

You are suddenly confronted with a big unknown inside a country you could have never even visited before. You have to find suppliers, assess if they'd like to manufacture your products or services, verify if they are indeed who people say they are – established manufacturers but not traders, middlemen or fly-by-night operators. You also have to judge quotes, check samples, ensure quality control, manage lead times and make sure that the product reaches your self time.

It’s as if starting your small business from scratch. The only difference quite simply will have to accomplish this in another country, a large number of miles away. And the people you may be dealing with there speak some other language and are within a different time zone.

Retail giants for example Wal-mart and Target are common procured their items by sourcing agents or trading companies.

In all these instances, it’s easy for that sourcing agent to get a low-cost (and sometimes low-quality) manufacturer and split the real difference with the factory. For instance, a sourcing agent could charge a business owner $1,000 upfront for any job which costs $500. The $500 difference gets split relating to the sourcing agent as well as the manufacturer – along with the entrepreneur knows nothing. Other sourcing agents charge hidden commissions or work simply source the merchandise from a different factory compared to the one they’ve advertised.

It is extremely hard for a businessman to verify that the sourcing agent is being transparent relating to role inside transaction. But, sourcing agents can even be invaluable partners.