10 posts tagged quotes

Quantity, Quantity Scales and MOQ

Be precise as possible in your communication with your Chinese vendor. Even when it comes to order quantity in your RFQ
Here are some refreshers on your quantity request when sending in inquiries to vendors in China sourcing. Your initial inquiry sets the stage for supplier buyer interaction. The quantity request portion of your inquiry is a vital part of that inquiry. This may not be the most exciting post...come to think of it, none of my posts are that exciting. ...

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Reasons Your Quoted Price Changes

Quoted price changes happen for various reasons.
Many times in China sourcing, during the sampling and pre-order steps, the quoted price goes up. Is it supplier blunder, something diabolical or reasonable ebb-and-flow of pricing that client should expect in early stages?...

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Buyer Sourcing Approach: Read My Mind and Do it Right!

The buyer may think, "read my mind and get it right". But not a strong sourcing approach. Roll up sleeves and establish practical game plan.
A large portion of sourcing and product development is tackled from the position of "Read my mind and do it right." Ok, this is not literally said or even thought, but the practical actions of the would-be-buyer reflect this attitude....

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More Practicality When Reviewing Supplier Price Quotes

When errors in suppliers' price quotes go unnoticed, at best you can expect time loss or annoying, surprise price increases. At worst the hidden errors lead to massive mass production headaches.
Price quotes from China require the buyer (if they want to avoid error) to sit down, think about the project, consider what MAY go wrong and formulate questions and scenarios in their minds. This is Part III to the other posts on tackling China supplier quotes and here we go with more glorious practicality....

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A Practical Step in Analyzing Quotations

A practical way to carefully go through quotations from Chinese suppliers.
In the unofficial Part I to this post, I discussed the "mindset in reviewing China price quotes." Now, let's pinpoint a practical step in going over your quotations from offshore suppliers....

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Will the Supplier Know What You Mean?

One wrong word from the buyer side can confuse the supplier and throw off an RFQ. Think about your inquiry like you are working at a control panel and whenever you send a request for quotation to your supplier, it is like you are pushing buttons in a machine....

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Tighten Up Quote Requests

Email, communicate and quote efficiently from China vendor
With initial quote requests you send your vendor in China, you set the course for success or for a path of inefficiency. Here are a few ideas to tighten up quote requests in China sourcing. ...

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Price Change Shock in China Sourcing

"Suppliers cannot be trusted; they change the price in the middle of the project!" "They quoted the low price and then did the ol' switcheroo, just to get me in!" These are common laments you may hear from folks who source and import from China. Although there is truth to these statements, it's not the whole truth. With a bit of effort, you can avoid price change shocks....

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Unrealistic Requests in China Sourcing

Avoid unrealistic requests in China sourcing. Make practical, achievable requests from buyer to supplier
In China sourcing, a good way to hurt your credibility with factories and potential supplier partners is to make unrealistic requests....

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Watering Down Your Inquiry in the Quoting Process

Give a Credible Inquiry to Your China Vendor.
When sourcing direct from China, avoid watering down your inquiry. When you inquire for a price from a vendor and kickstart a project; you want to establish some sort of credibility with the company providing you the quote. You want to give them a reason to quote you. When you grab your inquiry or RFQ by the shoulders and pick the poor guy up and dunk him in a bucket of water over and over and then hand this sopping wet request to your supplier, it no longer makes the job appealing....

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