When you're looking to find a factory to produce your product, it's important to work with a sourcing company that can help you find the best supplier for your needs. Not all sourcing companies are created equal, so it's important to ask them some questions before you decide if they're the right fit for your business. In this blog post, we will discuss 10 questions you should ask a sourcing company before you hire them!
Question 1: How long have you been in business?
You want to work with a sourcing company that has a lot of experience. They should be able to answer this question easily and give you a sense of how long they've been in business.
Question 2: Do you have experience with my type of product?
It's important to find a sourcing company that has experience with the type of product you're looking to have produced. They should be able to provide you with examples of similar products they've sourced in the past.
Question 3: Do you have a list of factories that I can choose from?
The sourcing company should have a list of factories that they've worked with in the past and can recommend to you. They should also be able to provide you with contact information for these factories so you can reach out to them directly.
Question 4: What is your process for finding factories?
You want to find a sourcing company that has a well-defined process for finding factories. They should be able to tell you exactly how they find factories that match your specific needs.
Question 5: How do you vet the factories on your list?
The sourcing company should have a process for vetting the factories on their list. This process should include visiting the factory, meeting with the staff, and reviewing their production capabilities.
Question 6: Do you have any experience working with [country] factories?
If you're looking to have your product produced in a specific country, it's important to find a sourcing company that has experience working with factories in that country. They should be familiar with the local laws and regulations, as well as the culture and customs.
Question 7: What is your fee structure?
You want to find a sourcing company that is upfront about their fees. They should be able to tell you how they charge for their services and what is included in their fee.
Question 8: Do you offer any guarantee?
Some sourcing companies offer a satisfaction guarantee, which means they will find another factory if you're not happy with the one they've found for you. This can give you some peace of mind knowing that you're not stuck with a factory if it doesn't work out.
Question 9: Can you provide references?
The sourcing company should be able to provide you with references from past clients who have been happy with their services. These references can give you an idea of what it's like to work with the company and whether or not they're a good fit for you.
Question 10: Do you have any questions for me?
The sourcing company should be interested in learning about your specific needs and requirements. They should have some questions for you so that they can better understand what you're looking for.
Asking these ten questions will help you find the right sourcing company for your business. Once you've found a company that you're happy with, you can start working with them to find the perfect factory for your needs!