Procurementadvice that a successful buyer should know
• Choose the right procurement channel
Commonprocurement channels include exhibitions, procurement through international
platforms such as Alibaba, Google search and factory procurement.
Exhibitions: exhibition as a platform for launching newproducts and making customers.
For anycompany, purchasing is the most critical step in their journey to the market.
But I often hear people say that purchasing is difficult and time consuming. So
how do you buy a batch of high-quality goods at a reasonable price? Please look
at the following suggestions.
• Choose the right procurement channel
Commonprocurement channels include exhibitions, procurement through international
platforms such as Alibaba, Google search and factory procurement.
Exhibitions: exhibition as a platform for launching newproducts and making customers.
Many uppliers will go there, so the advantage of purchasing through exhibiting is
that they can directly face products and suppliers and can learn more about the
products in time. However, due to the high cost of exhibiting, many other
factories are not willing to participate. So Isuggest that you can use the exhibition as a new channel for follow-up field
visits to suppliers. In the case of early small purchases, other methods can be
used for procurement.
Factory Procurement: Factory purchases are more targeted thanexhibitors, and the quality of the products can be clearly understood. However,
due to the long distance and tight schedule, it is recommended to go to the
very favorite factory for field visits. Inaddition, we can ask other suppliers to provide a video of their on-site
factory and ask the real person to appear in the video to confirm the
authenticity of the factory conditions.
International platform and Google search: With the development of the Internet era, thetrend of the B2B platform is getting better and better. But looking for
suppliers in this way can only see some external things, we can’t be sure if
they really have strength. So my advice is to ask them to provide avideo to confirm the authenticity. Or communicate with the salesperson tojudge their professionalism, and then decide which supplier to choose.
• When purchasing, don't just measure by price
Someforeign trade companies, foreign buyers and even some domestic purchasers
always measure the value of suppliers unilaterally by price. But what they don't
know is that some factories or suppliers often have poor quality in terms of
process, materials and related aspects because of the low price and in order to
save more costs. If they all belong to the factory, but somesuppliers offer higher quotations than others. At this time we need to know
their respective strengths and weaknesses, and whether they are willing to
lower some profits, rather than blindly pursuing low prices. In our Chinese
proverb, called "you get what you pay for ." Therefore,only use price to measure things is very insensible.
• Learn more about the industry price andquality areas that need to be procured
In myopinion, buyers can be broadly divided into two categories, one is a junior
salesperson and the other is a senior salesperson with a deep understanding of
the industry. Regardless of the type, you must conduct a marketsurvey of the products you need to purchase. And theprice and quality are often the most concern. For an early-stage buyer, it is
necessary to pay attention to the price and quality of the industry. Because itwill make you more understanding of the market.
For asenior buyer, understand the price and quality area of the industry, On the onehand, you can learn about the latest market situation yourself, and get the
most reasonable quotation in the first time, in order to choose the supplier
that suits you best; on the other hand, it is the improvement of your ability
and knowledge.
• When purchasing, flexible response,appropriate to adopt the recommendations of the supplier.
Ipersonally think this is very practical. If you always use only one way in
purchasing, you will find it hard to find a particularly good supplier over
time. When wetalk about cooperation, we should formulate procurement strategies from
multiple perspectives, and we can adopt appropriate strategies in the face of
different suppliers. Appropriate adoption of the advice given by thesupplier is also a way to get a little more understanding of the industry.
Suppliers may be longer in this industry than you, and they are likely to have
customers in your market, so They may know more about industry trends and
aspects of the source than you.
If you havemore good advise,Pls be free to discuss with me ,We are happy to share with you
ny informations if you like.
Alin Accessory-Daisy