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Join Renaud Anjoran, Founder & CEO of Sofeast, in this podcast aimed at importers who develop their own products as he discusses the hottest topics and shares actionable tips for manufacturing in China & Asia today! WHO IS RENAUD? Renaud is a French ISO 9001 & 14001 certified lead auditor, ASQ certified Quality Engineer and Quality Manager who has been working in the Chinese manufacturing industry since 2005. He is the founder of the Sofeast group that has over 200 staff globally and offers services (QA, product development & engineering, project management, Supply Chain Management, product compliance, reliability testing), contract manufacturing, and 3PL fulfillment for importers and businesses who develop their own products and buyers from China & SE Asia. WHY LISTEN? We‘ll discuss interesting topics for anyone who develops and sources their products from Asian suppliers and will share Renaud‘s decades of manufacturing experience, as well as inviting guests from the industry to get a different viewpoint. Our goal is to help you get better results and end up with suppliers and products that exceed your expectations!
Episodes
Friday Dec 01, 2023
Should you be wary of the cheapest Chinese suppliers?
Friday Dec 01, 2023
Friday Dec 01, 2023
Adrian hosts and Renaud is onboard to offer some cautionary advice about working with 'the cheapest Chinese supplier' with a focus on relatively ordinary consumer and electronic products. What might sound like a good deal could actually land you in hot water. Here's why...
Show Sections
00:00 - Greetings and introduction: Should we be wary of choosing the cheapest supplier?
05:35 - Warning signs from cheap suppliers.
09:54 - Do lowest prices = a stable relationship for the mid to long-term?
15:18 - Does a manufacturing contract protect you from the supplier making changes due to not being able to afford to honor low prices?
17:55 - What type of factory are you even dealing with?
24:36 - An example quote for very low-cost plastic injection mold tooling and the problems you might face in future if you accept.
27:23 - Avoiding the cheapest options and doing due diligence is a must for certain product types.
29:21 - What can go wrong when you work with a cheap/bad supplier?
33:47 - Is it really impossible to get a small factory to do a good job?
39:18 - Wrapping up.
Related content...
- The four levels of Chinese factories
- Learn how to source from China: DIY Sourcing from China Podcast Series
- Free eBook: How To Find A Manufacturer In China: 10 Verification Steps
- Hands-on buyers: qualifying factories and nurturing them
- Hands-off buyers: accepting the risks of importing
- Get help from Sofeast to do your due diligence on potential suppliers: Background Checks on Suppliers
Get in touch with us
- Connect with us on LinkedIn
- Send us a tweet @sofeast
- Prefer Facebook? Check us out on FB
- Contact us via Sofeast's contact page
- Subscribe to our YouTube channel
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