Collection of information
Posted: Wed Feb 12, 2025 9:49 am
In fact, whether you find suppliers online or attend trade shows, you'll find that you meet the same suppliers both online and offline. So why not save money and meet them online?
Contact your Chinese manufacturers - Make a list of the manufacturers you found on Made-in-China.com.
You need to know what type of supplier your company needs. Collect detailed and accurate information from each of your suppliers before making a list. To make things easier, you can choose the companies you frequently purchase from. Then pass this list to your purchasing department.
Once you have a list of 10-15 Chinese manufacturers portugal number data for each category, you will want to create a request for additional information and forms. Such as company name, address, phone number, tax, email, key contacts, taxation, payment terms, price, etc.
2. Evaluate the results.
Once you receive quotes and forms, choose the one that fits your needs. If a vendor requires payment to be completed within 15 days, but your capital cycle is one month, you need to exclude them to avoid late fees. Simply choose a vendor whose payment needs are closer to your accounting cycle.
Negotiate
1. Never compromise in communication
You must have a lower limit. And know the lower limit of your suppliers. If the price or other conditions do not satisfy your lower limit, try to let them know and continue the negotiations.
Contact your Chinese manufacturers - Make a list of the manufacturers you found on Made-in-China.com.
You need to know what type of supplier your company needs. Collect detailed and accurate information from each of your suppliers before making a list. To make things easier, you can choose the companies you frequently purchase from. Then pass this list to your purchasing department.
Once you have a list of 10-15 Chinese manufacturers portugal number data for each category, you will want to create a request for additional information and forms. Such as company name, address, phone number, tax, email, key contacts, taxation, payment terms, price, etc.
2. Evaluate the results.
Once you receive quotes and forms, choose the one that fits your needs. If a vendor requires payment to be completed within 15 days, but your capital cycle is one month, you need to exclude them to avoid late fees. Simply choose a vendor whose payment needs are closer to your accounting cycle.
Negotiate
1. Never compromise in communication
You must have a lower limit. And know the lower limit of your suppliers. If the price or other conditions do not satisfy your lower limit, try to let them know and continue the negotiations.