In 2023, companies around the world are searching for new opportunities to expand their reach and maximize their profits. For these ambitious businesses, finding a reliable China Sourcing Company is essential - but it's also quite challenging!
According to a recent report published by U.S. Census Bureau, "From January to October 2022, U.S. import 462,575.1 million dollar goods from China, making them the third largest trade partner of China."
However, in 2022 the first and second largest trade partners of China are the ASEAN region (15.1%) and European Union (13.6%).
So, don't miss the opportunity and choose China as your sourcing partner in 2023.
But without the help of a sourcing partner, you're playing a high-stakes game of chance when it comes to sourcing from China - and the house always wins!
Join us on this journey as we explore the options and uncover the best practices to find a trustworthy sourcing company in China. With research, dedication, and maybe even a bit of luck, you'll soon find the perfect sourcing partner to help take your business to the next level.
Sourcing Companies in China – Your High-Quality Parts Sourcing Partner
Trusting an experienced and reliable sourcing company in China is like finding a pot of gold at the end of the rainbow; you know it's out there, but it's so hard to come by without the help of an expert!
Now you must be thinking, "Why can't I do it by myself."
Well, you can but it will take time and could bring uncertain results - due to the lack of control over certain things.
While sourcing a product from China, there are lots of things that are not under your control such as product quality, delivery time, fluctuating costs, and the ability to handle uncertainties.
That's where a Chinese sourcing company comes in.
Your sourcing agent will handle all the quality checks, product specifications, delivery time, and even negotiate with suppliers to save you money - now that's a real treasure!
It's not as easy as it sounds. You should know several ways to find the right Chinese sourcing company.
But before we explore, if you want to learn more about sourcing agents in China – Read our latest blog post!
Latest Blog Post: Professional Sourcing Agent Guangzhou China
3 Key Ways to Find a Reliable China Sourcing Company in 2023 – The Right Way!
Finding a Chinese sourcing company in 2023 can be tricky - with thousands of suppliers, how do you know which one to choose?
You might get impressed with a few words of the supplier but remember you have to deeply analyze their services and product quality before taking any decision.
Here are 3 key ways to help you find the right Chinese sourcing company in 2023:
1. Understand Your Needs and Conduct a Market Research:
Before starting your search for a sourcing company in China, it's important to have a clear understanding of your requirements - that's what most companies forget!
Get yourself a cup of coffee and think, "how can you find the best match when you don't even know what you want?"
The Right Way:
Develop a detailed list of your needs and expectations - product type, quality, cost, delivery time, etc.
Once you have a clear idea of your requirements, start researching the market - this will help you to find the best-suited sourcing company.
Some of the Chinese platforms such as Alibaba, Global Sources, and Made-in-China can provide useful insights into potential suppliers in China. You can also search for a Chinese sourcing company on Google and check out the websites of various companies to get a better understanding of their services.
But you need to be proactive because a lot of fake companies and agents are active on every platform – stay informed, stay safe!
The Common Mistake:
One of the most common mistakes done by companies is to study only the cheapest supplier. It might seem like an attractive option at first, but it's important to remember that if someone is offering a product at an extra low cost then there's a high chance that the quality might be compromised.
We recommend you make a list of several suppliers who match your requirements and then analyze them deeply. Ask for a quotation from each of them and compare the overall cost, quality, delivery time, and other factors to make an informed decision.
But out of thousands of available sourcing agents in China what are your chances to pick the right one?
Well, it's like one in a million!
But once you narrow down your search the process of finding a sourcing company becomes much easier.
2. Referrals and Recommendations
Word of mouth is one of the best-known methods to find a reliable Chinese sourcing company in 2023.
Ask your friends or business associates if they know any experienced and reliable sourcing agent from China who can help you with your product sourcing needs. Industry experts and businessmen can provide valuable insights about the credibility of a sourcing company and also share their experiences working with them.
Don't Do This:
Never go on the word of mouth only. An old saying goes, “trust but verify” - it's important to do research and check out the background of a company that is being referred to you.
Still don't understand - why you need to do this.
Being in the sourcing and contract manufacturing business for the past 7 years, we at Morpho MFG saw a lot of companies screwed up by trusting the wrong supplier.
And when we asked, "how did all of this happen?"
The answer was - "someone recommended that sourcing company on social media or they read a few great reviews about the supplier but didn't bother to do any further research."
But at the end of the day, they realized that those reviews and recommendations were biased or exaggerated - that's what we want you to avoid!
Ask for referrals and recommendations on different business networks and forums. Then, check out the company's profile and portfolio to get a better understanding of its credibility.
Don't forget to pay a visit to the company and conduct an on-site audit to find out more about them.
After all, it's always better to be safe rather than sorry!
3. Visit Trade Shows:
Trade shows provide an opportunity to meet a variety of suppliers in one place, and you can compare different options side-by-side.
Now that's the most suitable way to find out your potential suppliers.
You'll be able to interact with the suppliers face-to-face and get a better understanding of their services.
Here is the list of popular Chinese trade shows, with upcoming dates, where you can find reliable sourcing companies:
Spring 2023: April 15 - 19, April 23 - 27, and May 1 - 5.
Autumn 2023: Oct 15 - 19, Oct 23 - 27, and 31 Oct - 4 Nov.
International Internet of Things Exhibition
Upcoming date: May 17th - 19th, 2023.
Beijing International Auto Show
Upcoming date: June 7th - 9th, 2023.
The Yiwu Commodities Fair:
Upcoming date: Oct 21st - 25th, 2023.
East China Import and Export Commodity Fair (ECF)
Upcoming date: Nov 5th - 10th, 2023.
Now you must be thinking - "What if I don't have the time to attend a trade show?"
Well, that's totally understandable!
You don't need to worry if you are offshore and can't attend these trade shows.
All you need to do is to find a trustworthy contract manufacturing company in China. They will be your representative and fulfill all of your sourcing needs in the best possible way.
But wait - don't do it in haste!
We list down the four important things that you should keep in mind while choosing a Chinese sourcing company.
But before we proceed, if you have any doubt regarding getting your product manufactured in China you can consult our latest read.
Latest Read: Offshore Manufacturing in China
4 Things to Consider Before You Finalize Your Sourcing Partner in China
Before you sign the dotted lines make sure your potential partner meets all of these criteria:
1. Relevant Experience & Expertise:
Experience along with relevant expertise is the key to successful product sourcing. Make sure your prospective partner has experience in industry verticals similar to yours and they know the ins and outs of the sourcing process.
But how it will help you?
Working with an experienced sourcing company can save businesses both time and money. Not only do they have existing contacts in the right locations, but also use data to source products that optimize cost and quality.
They specialize in providing a customized supply chain solution tailored to customers’ needs – including managing production, audits, shipping, and negotiating the best prices.
We are not done yet…
The expertise of a sourcing partner on your side gives you stability and continuity of supply even if there are unexpected fluctuations in the market.
2. Physical Presence and Registered
In this day and age, having a sound physical presence is the utmost priority for most sourcing companies. Having a true physical presence in strategic locations is essential to ensure that business transactions are conducted conveniently, securely, and successfully.
To further ensure that every service provided by sourcing firms is safe and secure, businesses must also make sure to check their registration status - a clear sign that they operate legitimately and professionally.
Don't know how to check the registration status of a China sourcing company?
All you need to do is visit the China National Enterprise Credit Information Publicity System to check a company's registration status and other important information.
Needless to say, physical presence and registration status should always be on top of your list when you look for quality sourcing companies.
3. Quality Control System:
Think for a moment, "Would you even buy some food that is not tested or certified for quality and hygiene?"
The same thing applies to sourcing products from China. Quality control has always been and will remain an integral part of the product-sourcing process.
Before finalizing your Chinese sourcing company, make sure they have a robust quality control system in place.
The Right Way:
The best way to do this is by asking for their quality control process. They should be able to provide you with protocols and procedures that they follow. At Morpho MFG, we have an in-house team of quality control professionals who conduct quality checks at various stages of production. We also ensure that every product is tested for optimal performance before it gets shipped - all in one place!
Don't Forget This:
Ask for credentials about their quality control systems such as ISO certificates, third-party audit reports, and other certifications.
Are you interested in learning more about the benefits of outsourcing quality control to China – Don’t miss our blog post!
Related Blog: Outsourcing Quality Control to China
4. After-sales and Pre-sales Services:
The after-sales services of a Chinese sourcing company usually matter more than pre-sales.
After all, what good is the sourcing process if the company cannot guide you through the post-sales steps?
Most manufacturers give priority to the pre-sales process and usually tend to forget the after-sales service. It’s important to make sure that the company you are working with provides continuous assistance even after the product is shipped to its destination.
Why it's important?
Ask yourself, "What will you do if you face any issue after the product is delivered?"
Having a reliable sourcing company with good after-sales service will mean that they will be there to help you, no matter what the issue.
But wait - how will you overcome the language barrier?
After all, when it comes to product sourcing, communication is the key. One misunderstanding can result in costly delays or even a failed transaction.
Always prefer a sourcing firm with bilingual staff who understand your requirements and can also communicate with Chinese manufacturing companies easily.
And for this, Morpho MFG is your go-to place - no more language barriers!
China Sourcing Company or Agent – Which One to Choose?
Both a sourcing company and an agent can offer good opportunities; however, depending on your business operation, one may be better than the other.
A sourcing company will provide a direct route to the supplier. With this option, you are in control of every detail of ordering and shipping without needing to rely on another party. An agent is ideal if you are looking for a way to fulfill your low-production orders for any regular item.
Moreover, a sourcing company has access to several suppliers, so you can compare prices, quality, and even negotiate much better deals. On the contrary, an agent will only have access to limited suppliers - most of the time, they will also act as a middleman, taking up a commission from the supplier.
Who do you think can offer better services in the end?
A Chinese sourcing company, of course!
The Best Part:
Now here comes the best part!
At Morpho MFG, we offer the best of both worlds – sourcing and agent services in one place.
So why not let us help make your product sourcing journey a smooth sail?
Maximize Your Sourcing Potential in China with MorphoMFG
When it comes to trying to maximize your sourcing potential in China, MorphoMFG is the go-to company. Not only we have direct access to a large pool of factories and suppliers from diverse industries, but we also help companies mitigate their risks by providing detailed information regarding factory operations and quality standards.
We know that now you are thinking - "How we are different from other Chinese sourcing companies?"
At Morpho MFG, we take a holistic approach when assisting clients with their sourcing needs, using market intelligence and insights generated from data-driven decisions that allow clients to make informed choices.
Putting things aside, here is something that you should know about us:
We have several offices in Guangzhou, China, and have more than 7 years of experience in this field.
We have a dedicated team of bilingual professionals including engineers, quality control experts, customer care representatives, sourcing agents, and more.
Our services come with the promise of transparency, quality assurance, and timely delivery.
Due to our direct contacts with Chinese manufacturers, we are able to provide our clients with highly competitive prices - in a nutshell, we know how to negotiate!
Your product details and design is well-protected with us - all thanks to our "Component Control Method".
Want to learn more about us?
So what are you waiting for?
Let's get your product-sourcing journey started in China with MorphoMFG!
Frequently Asked Questions
I. Is Sourcing from China Expensive?
Sourcing from China isn’t necessarily expensive, however, it also isn’t cheap either.
Instead, you could say that it is affordable when you consider the quality of products and services available.
This isn’t surprising that the constant advancement in Chinese industry over the last few decades resulted in an increase in prices – with improvement in quality as well.
However, if you’re looking for a way to source quality products from China at the best possible prices, then MorphoMFG can help you.
For the better understanding of manufacturing cost of your custom ODM product in China - Check out our pricing guide.
Pricing Guide: Manufacturing Costs of Custom ODM Products in China
II. Which is the Best Sourcing Company in China?
When it comes to sourcing a supplier from China, there is no shortage of companies claiming to be the best. But with so many out there, it can be difficult to know which one is the real deal and which one is taking advantage of unsuspecting buyers.
The Hidden Side:
Most of the sourcing companies took advantage of new buyers who were not familiar with the Chinese market.
But how will they do that?
The answer is simple - by charging high commission fees or offering the lowest possible price but with hidden costs!
Whenever you partner with any sourcing company, write down all of your terms and conditions including the commission fees, responsibilities, payment terms, delivery dates, and more in a contract.
Need Professional Help?
MorphoMFG is the one-stop-shop solution for all of your sourcing needs in China. Our team of experts offers the most reliable and cost-effective services with a commitment to quality and transparency. So why wait? Schedule a call with us today and hand over your sourcing needs to experts!