Sourcing

Image of three business people working at meeting

Low wage rates, large scale infrastructure investments by the government, expanding manufacturing capabilities and a series of trade regulatory reforms mandated by WTO membership have made China the largest supplier of consumer goods and the most ideal sourcing base in the world.

However, there are a variety of issues for companies to think about and deal with before sourcing in China. These issues include:

– Lack of accurate market information which makes supplier selection difficult
– Lack of effective quality control system
– Ambiguous legal and regulatory environment
– Differences in cultural norms and protocols
– High variability of local manufacturer capabilities
Success can be achieved with Raydwell’s sourcing services. Through our well-established networks and resources in China, Raydwell can:
  • – Select reliable third party organizations to conduct an on-site quality assessment
  • – Identify and refer the most appropriate supplier candidates to clients international standards and the standards of the clients’ companies
  • – Design and implement effective internal management and quality control system
  • – Provide in-depth knowledge of relevant Chinese regulations
  • – Perform thorough due-diligence and monitoring of all commercial and governmental relationships