24 posts tagged RFQ

Quote & Order Monitoring Around China Holiday Season

Tis the season to watch out for quotes and order - being diligent around the China Holiday.
Around the Lunar New Year holiday, tis the season for uncertainty and large margins of error when it comes to your China sourcing projects. Any time of the year, you need to double-check your quotes, right? Any time of the year, orders require control, right? Even more so during this holiday season....

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Timing Before and After the Chinese New Year

Whenever you're negotiating prices and planning summer orders, timing is something to watch out of the corner of your eye when doing it around Chinese New Year.
This time of year, post Christmas holiday and prior to the Chinese New Year holiday, morphs into a giant blob. For some importers, it can be an inefficient and frustrating time. Here are some reminders on timing during this time period and what to look out for.  This applies to both before and after the Chinese Holiday....

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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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Quoting a Product: When Specs are For Reference or Confirmed

Quoting a product concept is a process, not a 1-time clean hit without any messiness.
You've sent the supplier a concept for your product and now they're quoting a concept. The range of effort goes from half-hearted quoting to quoting to the best of their ability, but either way, the supplier's quoting a CONCEPT....

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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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Discrepancies in Product Inquiries & Communication

If the buyer is not using precision in their communication to their vendors, there will be discrepancies in their product inquiries.
When sending in your own product inquiries, have a sharp eye out for discrepancies. Discrepancies commonly lurk inside of the communication and info from BOTH buyer and supplier....

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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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Pithy Year-End China Importing Reminders

China importing tips and reminders as we ring in 2016.
As 2016 is right around the corner, here are some year-end China importing reminders. Keep these tips at the forefront of your thinking during your sourcing and manufacturing endeavors....

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Mindset in Reviewing China Price Quotes

China Price Quotes Require Scrutiny
Analyze. Dissect. Scrutinize As a buyer, these words should come to mind whenever you think of China price quotes. When reviewing price quotes from your China vendor, having the proper mindset will be a key factor in successfully handling the quoting phase of the project. ...

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Things to Include in Your China Sourcing Inquiries

China sourcing inquiries should have a structure.
Here are 5 things to include in your China sourcing Inquiries. Some buyers send quickie truncated emails via their iPhone. Some buyers send a nice mockup drawing but with little actual written specifications. Should there be a consistency in your China sourcing inquiries? Or is it no matter how it's done, as long as it gets done? ...

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Advice on Sending Specs to Suppliers in China

Properly sending specs to suppliers in China includes precision, evidence, attachments and discussion
Sending specs to suppliers in China via digital medium, ie email and documents, is the focus of this post. Consider if you walked by your supplier's desk and you had a stack of unorganized, messy documents. Would you think about carelessly tossing the documents in a untidy heap onto the supplier's desk and before the supplier is able to voice a response you say, "quote me asap" and scurry off, expecting the quote to come back to you in a precise way? Of course not, right? You wouldn't do this in person. So why when sending specs to suppliers in China, do importers do the exact same scenario...but over email? ...

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Considerations for Requesting a Price From a China Supplier

The factory does not exist to serve the importer. Keep in mind these considerations for requesting a price from a China supplier.
Here are some considerations for requesting a price from a China supplier. Know who you are working with. Success comes when you think like your vendors think. This could be 1st time suppliers or suppliers, that maybe you have worked with a bit but nothing on a large scale. A large scale client would be one that the owner of the factory is aware of. A client who orders considerable volume. A volume that is not only considerable for you, the buyer, but also considerable for the factory...

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Before You Start the Project; 6 Questions to Ask in China Sourcing

Fundamental questions to ask in China sourcing that can determine your order's success.
Before you start the project, here are 6 questions to ask in China sourcing. Without covering your bases, the project could be problematic or dead out the gate. ...

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