Sofeast
Contact

Tag: finding new suppliers

India Gaining Popularity over China as a Near-Shoring and Sourcing Destination

Posted on by sofeast

India Gaining Popularity over China as a Near-Shoring and Sourcing DestinationMost importers have been affected by supply chain disruption in recent years. Zero-Covid in China, exploding shipping costs, component shortages, the invasion of Ukraine, political tensions between China and the West, and the impacts of Covid on Western economies causing effects like high inflation, and more; all of these factors have had an effect on supply chains.

In 2019 it’s arguable that many observers wouldn’t necessarily have foreseen India as the recipient of a lot of China’s former trade in 2023, but here we are, and India’s popularity as a sourcing destination for key components and assembly is on the up-and-up. European countries are also starting to see India as an appealing near-shoring destination. Why so?

Continue reading “India Gaining Popularity over China as a Near-Shoring and Sourcing Destination”

How To Reduce Risks As Your Order Sizes Grow When Working With Chinese Manufacturers?

Posted on by sofeast

How To Reduce Risks As Your Order Sizes Grow When Working With Chinese ManufacturersDespite the pandemic’s numerous lockdowns during 2020 and 2021, one positive result has been a boom in sales for a lot of businesses as many consumers have chosen to upgrade electronic, exercise, and home office equipment, furniture, home and kitchenware, etc, due to spending more time at home and outdoors than before.

If your sales have been on the up you may be placing larger orders with suppliers in China than before, and with larger orders comes higher risks and more money at stake.

If you want to reduce your risks, several approaches may make sense for you, and I’ll outline four here…

Continue reading “How To Reduce Risks As Your Order Sizes Grow When Working With Chinese Manufacturers?”

How To Find Trustworthy Suppliers In China In 2021

Posted on by sofeast

How To Find Trustworthy Suppliers In China In 2021

In the wake of the coronavirus pandemic, we have had numerous customers who are sourcing new components, materials, and products come to us requesting our help with how to find trustworthy suppliers in China.

There are 2 key reasons for this:

  1. They lost suppliers who either folded or were unable to continue delivering expected results due to the virus’ effects on their businesses (lockdown in China, loss of revenue and deep internal changes, the disappearance of key sub-suppliers, etc).
  2. Foreign importers are almost completely unable to visit China and conduct their own supplier visits these days and there’s no indication as to when that might change.

Sofeast is and has always been on the ground here in China throughout the pandemic. So, if you’re in this position, here’s how we have helped customers like you find trustworthy suppliers in China.

Continue reading “How To Find Trustworthy Suppliers In China In 2021”

OEM, ODM, Contract Manufacturers: Which Chinese Supplier To Choose?

Posted on by sofeast

OEM, ODM, Contract Manufacturers: Which Chinese Supplier To Choose?

By Fabien Gaussorgues, Sofeast COO

Do you prefer to work with an OEM or an ODM? What are their pros and cons? And what is a CM?

This is particularly important if, as the importer, you want to develop a new product that is different from what is already on the market. The advice in this article is especially suitable for mechanical and/or electrical products.

Continue reading “OEM, ODM, Contract Manufacturers: Which Chinese Supplier To Choose?”