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General FAQs2021-12-01T08:45:03+00:00

General FAQs

When it comes to fulfillment, you might feel dizzy with the complexity of the process.

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What sort of product sourcing do Sourcing Riders deal in?2021-11-19T11:23:37+00:00

We deal in all sorts of categories. We have a huge network of suppliers connected with us to ensure production of almost every possible category.

Is it compulsory to get your product Trade Mark Registered before you launch?2021-11-19T11:23:01+00:00

It is not compulsory, you can do that later. But the ideal situation is to get it done as soon as possible.

 

Is it necessary to get your product’s Patent Check done?2021-11-19T11:21:53+00:00

No, it is not necessary, you can skip this process, However, it is crucial to save you from a big loss in future. Better play safe!

What are the modes of Payments to Suppliers?2021-11-19T11:21:30+00:00

Work with an expert sourcing agent while route your payments through them. As they are more involved in the verification process since they can physically visit and verify your supplier.

Can you sign a Non-Disclosure Agreement with your supplier?2021-11-19T11:21:11+00:00

Yes, you can. However, it is up to you how you would want to proceed.

What are the 6 R’s of purchasing?2021-11-19T11:20:04+00:00

Right Quality

Right Quantity

Right Time

Right Source

Right Price

Right Place

What is the first step in the sourcing process?2021-11-19T11:18:46+00:00

Understanding the category and your target audience preferences.

What is the strategic sourcing process?2021-11-19T11:17:56+00:00

Strategic sourcing is an approach to procurement which involves a collaborative process between the buying and selling organizations. Strategic Sourcing professionals must be able to consider all aspects of the procurement, from expenditure to usage and track records, in addition to being familiar with supplier capabilities.

What is the estimated time to source a sample from china?2021-11-19T11:17:17+00:00

According to the China exporters, it takes 1 to 2 weeks to source a sample from China, depending on the supplier. On average it takes 10-15 days for the production of  a sample from the supplier.

What are the considerations for the sourcing process?2021-11-19T11:15:28+00:00

The sourcing process is a multi-step method for identifying and evaluating suppliers, vendors or partners that meet the requirements of the business. Once the decision is made on who the supplier will be, then negotiations can begin.

Listed below are some of the considerations for the sourcing process:

Finding the right supplier. There are multiple decisions to be made when choosing who to use as your supplier. One consideration is to ask yourself if they are viable for growing with your company, or if it is time to move on. Other considerations include the ability to meet deadlines and your budget.

Quality of product. A supplier will often give you samples to ensure the quality is up to your standards. Any changes in this area should be discussed early on, as this will affect the overall cost of your product.

Scope. The supplier should be able to accommodate all that you need, as well as be able to grow if your needs change.

Price. This is an important consideration, as a supplier who charges more may not always mean higher quality.

Product liability and safety. This includes the supplier’s ability to protect you from lawsuits, as well as keeping the products safe during transport and storage.

Delivery and lead times. It is important to work out these details early on as this impacts the overall cost of the product.

Tracking and communication throughout the process. The supplier should be able to keep you up-to-date on any changes. They should also be able to answer any questions you may have throughout the process.

Contracts, invoices and payments. The supplier should have a standard contract that includes any important details, as well as the ability to provide you with accurate invoices and payments.

Business etiquette. This includes the supplier’s professionalism and ability to work with your company.

The right sourcing process will include many different considerations for your company, but some of the most important are quality, price and lead time.

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Sourcing Riders, Where Sourcing Just Feels Right!

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Let’s Make Things Happen

We at Sourcing Riders take our job as a challenge to execute your business’s backbone building. As we believe, Sourcing is the most crucial stage after Product Research.

“Sourcing Riders delivered the work above our expectations. Highly Recommended.”

Robb Green

CEO – Solving Alpha

Farhan
CEO, Founder & Sourcing Expert
+86 (188) 7318 1461
Info@sourcingriders.com
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