Product Sourcing Now!

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Product Sourcing As a procurement professional, you need a solution that helps you Communication and coordination with China Manufacturers, Recommend new suppliers, and continually evaluate and tracking project progress.  Product Sourcing is a Sourcing Service Provider that has been assisting companies with oversea outsourcing requirements for 20 years.  Engagements with Tom Wang may include Market Assessment, Supplier Information Aggregation, Sourcing Strategy Development, Bid Solicitation and Evaluation, Auction Negotiation and Supplier Selection, Contract Recommendation and Implementation.

Product Sourcing was established to collaborate small-to-mid-size businesses in their execution to find alternative manufacturing solutions in Asia.  We are not tied to any suppliers and our sourcing consulting team is capable of helping your company in searching ranked suppliers in various categories or industries from all over the world.

The industries that Product Sourcing. has successfully sourced are Textile, Security, Telecom, Electronics, Computer, Auto Parts & Accessories, Machinery, Direct Materials and MRO.  Clients save average 18% on their expenditure management by choosing Ready Market for their procurement project.  In order to serve the best, we provide flexible fee options for our clients.  Purchases can choose between contingency (gain sharing) based billing, fee for service or a hybrid of both solutions.

Our services are designed for international buyers who would like to search for qualified manufacturers/suppliers.  By providing an application that outlines the basic product requirements, a number of reputable suppliers in Asia are arranged for online negotiation.  The whole communication will be escorted and interpretation will be provided, we make sure the solution is being deployed and the goal is obtained successfully.

Product Sourcing Services and operating procedures:
6 Step To Success With China Sourcing

1.You supply product information such as specifications, drawings, special material requirements, target price, quantities and anticipated lead-time.

2.A thorough analysis of your product is performed by our Taiwan engineering staff to help determine whether it is a "sourcing" project (product is currently being manufactured within your specifications) or a "contract manufacturing" project.  We will determine the tooling cost and ask you whether or not you want a tooled sample or a "hand-made" sample.  If it is the latter, there may be a "tooling" charge.

3.Your products are sourced from either already existing sources of production or manufacturing through our family factories or trusted pre-screened factory network, working on your behalf we negotiate the best possible price for you (we are 'not' factory agents), you are then provided a quotation that will include our service fee (generally 5~8%) for the product which will include estimated delivery time.

4.If a sample order is requested, a quotation for the sample is provided and upon your inspection and approval, purchase orders for contract quantities are placed.

5. Mass production is begun, you advise us of your preferred shipping methods (air or ocean freight).

6.Production is completed, packaged according to your specifications and your order is loaded into a shipping container for delivery to your facility. 

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Key issues of Sourcing from China.

We understand the key issues in China sourcing because we have dealt with them many times, and we have people on the ground in China to address them for you. Here are the key issues you must consider when looking for a China manufacurer:

    * Best prices
    * High, consistent quality
    * Reliable supply
    * Financing & ownership of dies & molds
    * Non-compete
    * IP protection
    * Best logistics

Transparency

We represent your interests and only your interests. We provide you with prices direct from the China manufacturer with no mark-ups. Your people will communicate directly with the China suppliers we recommend as well as with our own staff who are managing the project both here and in China. Our profit comes only from an agreed-upon commission from you.