Q. Would sourcing from China be the best route for my company to take?
A. Too many companies have rushed into China in hopes of realizing significant cost savings as well as increased revenues. In the end those who acted only tactically have lost investment dollars and have missed key market opportunity windows. China should be looked at strategically and not acted upon impulsively. Key questions that you and every firm must address include:
- How can I leverage lower manufacturing costs to solidify and grow my position in my current markets?
- Will a lower cost structure allow me to move into adjacent markets and compete for new business?
- Are my customers moving to China or buying from Chinese sources?
- Are my competitors moving to China and restructuring the cost equation in my industry?
- What type of relationships do I need in China to ensure my success?
- How do I manage those relationships effectively?
- What are the benefits that I expect to receive from China and in what time frames can I receive them?
Only after these questions are answered and a China strategy is developed can you determine if this is the right route for your business to take.
Q. Why should I work with CEP?
A. CEP guarantees ease of mind in all of your transactions. All inconveniences with dealing with local factories are eliminated. We stand as your satellite office here in China and you could monitor all of your purchases as if you were personally here. No need to waste time, money and worry with sending people to China to go over things. We act here on your behalf.
Q. What is a factory evaluation and why do I need it?
A. Clients usually want a factory evaluation before doing business with a particular factory. The evaluation will consist of a detailed report with photos which can help a buyer determine if they are interested to work with this factory. As the number of factories in China continues to multiply, many clients want some type of assurance that the information provided by the factories are true and verifiable. Especially in the internet age it is common so see some very nicely designed websites with impressive claims. However, the reality can be very different than what factory portrays. A factory evaluation will give you a clear indication if their representations are indeed true.
Q. What are the terms of businesses that CEP is capable of?
A. CEP is capable of handling all terms of business from FOB to CIF to DDP (Delivery Duty Paid). We provide services that will take care of everything until your purchases reach your warehouse and we tailor-make them to suit each of our partners' preference.
Q. What products does CEP handle?
A. CEP's organizational structure is arranged into two divisions - Consumer and Industrial Goods. We provide sourcing and quality assurance for Consumer Goods such as textiles, garments and home products and for Industrial Goods such as industrial components and construction materials. Each division is composed of select individuals who have an extensive range of experience to offer in handling your purchases. |