asourcing asiaTM : Managing Business in Asia 

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Frequently asked questions
Good business decision with well informed information.

 

 

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Why we need an Asian connections.?

Optimize your manufacturing and buying activities. Asia is a continent consists of many fast developing countries that have hundreds and thousands of opportunities to do your manufacturing or buying. Using an Asian connections does not only help in the speed of your business but most important your organization will benefit from obtaining the correct assurance information and giving best options to your business interest. In other words having more alternatives to add value to your business.

How an Asian connection works.?

Sourcing for best value buy is a return of your investment. So sourcing becomes an important part of Asian connections. Your organization will have more options to choose base on our feasibility studies and select what is the most profitable solutions. Using benchmarking against and among suppliers and manufacturers conducted by us for your organization to have the maximum returns in your requirements.



How can sourcing in Asia save me money?

Production costs in Asian countries are far lower than those in developed countries; and at the same time these countries are rapidly industrialising their economies. The savings to be made will obviously vary depending on the product required, but substantial economies are obtainable. You can do manufacturing or buying of cheaper materials. You may also support in marketing your products to Asia.
 

What services can you provide?

We are a full service sourcing company; so as well as providing identification and qualification of suitable manufacturer/s, we can also offer design, supply chain, and commercial services to our customers

We source a vast range of products from the simplest manufactured goods needing the minimum involvement from us, to technically complex assemblies requiring our continued attention throughout the whole supply cycle.
 

How do you charge for your services?

We charge a small administration fee. A team will work on a sourcing enquiry and the small up-front fee that we charge is there to ensure the seriousness of the enquiry on the customers’ part. When or if an order is placed, a percentage fee is linked to the items sourced, and will be negotiated dependent upon quantities.

We also make charges for extra services such as; design services, quality inspections, accompanied site visits, customs clearance, and other requested activities. Which are agreed with the purchaser before hand.

Only administration minimum charges (not a professional fees) will be incurred if the sourcing is done within a group of our holding companies which specialise in printed circuit board assembly (PCBA), plastic injection, metal stamping, rubber molding and sub-contracting works and others.

 

How are goods paid for?

Most product quotes are presented CIF to the required delivery port. Therefore the offer would include all manufacturing costs, shipping costs, and our charges.

We can arrange for local customs clearance and delivery, and will quote for this service separately if required. However depending on the country of origin and of final destination there will be handling, tariff and/or tax charges for which the purchaser will be responsible.
 
In the first instance, transactions will be secured with an Irrevocable Letter of Credit. Later when a strong relationship is built with a supplier other arrangements can be made.

For instance L/C’s can be complicated and expensive to administer, and some purchasers prefer T/T payment or other methods, we will try to accommodate your wishes in this regard.
 

What should I do if want an item to be quoted?

We receive enquiries for a large variety of products every day. Some enquiries are serious and some are speculative. Whilst we welcome all communications, in order to move projects to a meaningful stage we will need the following items/information from you.
 

• Drawings
• Technical and materials requirements
• Samples (if available)
• Required numbers
• Required timings
• Quality inspection requirements
• Current Costs
• Packaging requirements
• Additional information at your discretion

What realistically, are the minimum quantities?

Quantity depends on the product. But economies of scale exist when sourcing overseas and we would normally advise customers to be thinking of at least US$100,000 per year. Smaller one off projects can be undertaken but supplier factories are less enthusiastic about smaller orders and this is reflected in the prices charged.
 

How long does the process take?

For items that are already produced in the market from which we are sourcing, the lead times can be quite short; we can normally produce a quote for you within 2-3 weeks. For simple products where a sample and/or comprehensive drawings are available we would hope to be able to provide a quote within 4-6 weeks. Complex sourcing projects can take many months to come to completion.

Once a firm order has been placed we must give the manufacturer time to produce the goods, this once again depends on complexity and other factors but will normally take 4-8 weeks.

The goods then need to be shipped which will take 2-4 weeks by sea and a matter of days by air. So when other delaying factors are taken into account, you can see that the whole process can be a fairly lengthy procedure.
 

Can you ensure confidentiality?

We treat all information provided by our customers in the strictest confidence, and will use it for no other purpose than to provide the services that have been requested.

A Non Disclosure Agreement can be implemented if the project requires it, we have standard contracts or we can work with our clients legal advisors.
 


 

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