Supplier Verification
China is a land of opportunity, much like the Wild West once was in the United States.
Sadly, much like the Wild West doing business in China can be fraught with danger too - an inherent problem when faced with low governmental control combined with a corner-cutting, quick buck mindset of some of the local population.
This can often mean that the person you are doing business with has no legal right to do business, or is in fact a middle man rather than the end of the supply chain, or may even be unable to produce the products they claim they can.
If you want to do business in China, without spending large amounts of time in the country, you need to ensure that you evaluate your suppliers thoroughly, which is where China Supplier Verification comes in.
There are companies in China which specialize in checking the authenticity and capability of suppliers, and for a relatively small fee you can reduce the risks of doing business in China dramatically.
Supplier Verification is a safety check for your peace of mind.
What are the benefits of Supplier Verification? • Legal documents are inspected, you can be sure that your supplier has the legal right to conduct business in that country and also to export to your market.
• Business type is confirmed, this helps you to cut out the middle man and move directly to the source of the product, maximizing the value in your supply chain and ensuring a better control of the quality of finished products.
• Key legal signatories are identified.
In Chinese companies often only one person is authorized to sign contracts and make commitments; you can make sure you're dealing with that person.
• Product type and quality control procedures can be verified - if your order 1,000 high-definition television sets you don't want to receive 500 broken air conditioning units do you?
Sadly, much like the Wild West doing business in China can be fraught with danger too - an inherent problem when faced with low governmental control combined with a corner-cutting, quick buck mindset of some of the local population.
This can often mean that the person you are doing business with has no legal right to do business, or is in fact a middle man rather than the end of the supply chain, or may even be unable to produce the products they claim they can.
If you want to do business in China, without spending large amounts of time in the country, you need to ensure that you evaluate your suppliers thoroughly, which is where China Supplier Verification comes in.
There are companies in China which specialize in checking the authenticity and capability of suppliers, and for a relatively small fee you can reduce the risks of doing business in China dramatically.
Supplier Verification is a safety check for your peace of mind.
What are the benefits of Supplier Verification? • Legal documents are inspected, you can be sure that your supplier has the legal right to conduct business in that country and also to export to your market.
• Business type is confirmed, this helps you to cut out the middle man and move directly to the source of the product, maximizing the value in your supply chain and ensuring a better control of the quality of finished products.
• Key legal signatories are identified.
In Chinese companies often only one person is authorized to sign contracts and make commitments; you can make sure you're dealing with that person.
• Product type and quality control procedures can be verified - if your order 1,000 high-definition television sets you don't want to receive 500 broken air conditioning units do you?
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