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Top Ten Prerequisites for the Model Chinese Sourcing Project - Stable design with little revisions needed
- Obtainable technology
- Detailed technical specifications available, such as engineering drawings, prototypes, production samples, etc.
- Labor-intensive product(s)
- Realistic, well-researched target price
- Minimum sample order of $50,000; annual orders greater than $500,000
- Initial order is at least one container load (20' or 40' container) of items which freight cost is an insignificant part of total cost
- Estimate of annual volume based on solid market research and client demand
- Minimum 90-days lead time for initial order
- Potential to be an on-going or expanding program
Note: A feasibility study will quickly show if Chinese sourcing is a cost-effective solution balancing risk and cost savings. If you are interested in having us conduct a feasibility study for you, please contact us. |
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