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Should you be wary of the cheapest Chinese suppliers?

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Manage episode 387031138 series 2919180
Content provided by Sofeast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sofeast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Adrian hosts and Renaud is onboard to offer some cautionary advice about working with 'the cheapest Chinese supplier' with a focus on relatively ordinary consumer and electronic products. What might sound like a good deal could actually land you in hot water. Here's why...

Show Sections

00:00 - Greetings and introduction: Should we be wary of choosing the cheapest supplier?

05:35 - Warning signs from cheap suppliers.

09:54 - Do lowest prices = a stable relationship for the mid to long-term?

15:18 - Does a manufacturing contract protect you from the supplier making changes due to not being able to afford to honor low prices?

17:55 - What type of factory are you even dealing with?

24:36 - An example quote for very low-cost plastic injection mold tooling and the problems you might face in future if you accept.

27:23 - Avoiding the cheapest options and doing due diligence is a must for certain product types.

29:21 - What can go wrong when you work with a cheap/bad supplier?

33:47 - Is it really impossible to get a small factory to do a good job?

39:18 - Wrapping up.

Related content...

Get in touch with us

Subscribe to the podcast

There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please:

  continue reading

107 episodes

Artwork
iconShare
 
Manage episode 387031138 series 2919180
Content provided by Sofeast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sofeast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Adrian hosts and Renaud is onboard to offer some cautionary advice about working with 'the cheapest Chinese supplier' with a focus on relatively ordinary consumer and electronic products. What might sound like a good deal could actually land you in hot water. Here's why...

Show Sections

00:00 - Greetings and introduction: Should we be wary of choosing the cheapest supplier?

05:35 - Warning signs from cheap suppliers.

09:54 - Do lowest prices = a stable relationship for the mid to long-term?

15:18 - Does a manufacturing contract protect you from the supplier making changes due to not being able to afford to honor low prices?

17:55 - What type of factory are you even dealing with?

24:36 - An example quote for very low-cost plastic injection mold tooling and the problems you might face in future if you accept.

27:23 - Avoiding the cheapest options and doing due diligence is a must for certain product types.

29:21 - What can go wrong when you work with a cheap/bad supplier?

33:47 - Is it really impossible to get a small factory to do a good job?

39:18 - Wrapping up.

Related content...

Get in touch with us

Subscribe to the podcast

There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please:

  continue reading

107 episodes

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