Many business owners in many countries have considered importing certain goods from other countries since there are less costly in those countries. Sourcing is the process of identifying a third party to help you get suitable suppliers of certain products from a particular country. However, the vast number of products and foreign buyers have led to the importation of low-quality goods and capital loss among many. This has forced many people to seek help from sourcing agents. However, choosing the right agent may also be a daunting task as not all agents are honest and can maintain professional standards.
This articles focuses on how to hire the best sourcing agent , here are a few tips to help you choose the right agent:
1. Experience
The difference in market structure and system of operations calls for professional involvement. And with differences in culture, customs, and mindset, you need to choose a sourcing agent who has several years of experience from the country you are sourcing from. This individual knows what to do best to attain the best results. Their expertise can also help them overcome several problems that may arise during procurement.
These experts are also less likely to miss the small details that may cost the processes; thus, you are assured success. This is one the biggest pillar for success of your business.
2. Reputation
A sourcing expert such as China Sourcing Agent should have a proven track record. Their previews works should meet your expectations and standard. Ask for references from other importers who have bought goods from that country, or references of their previous customers and clients and know their level of professionalism. You can also check the review section of their websites for recommendations.
Do cross check them in your trusted network. The sourcing agent must have a very strong reputation in the market, so you can be relaxed in your monetary transactions with him/her.
3. License and Insurance
A professional sourcing agent should be licensed and insured. This license shows that they meet the set standards by the government to be involved in such activities and that they are legally operating in the country. At the same time, the insurance cover will cover the process as there can be loss or damage. They should also be able to provide you with the necessary documentation for your sourcing and shipping process. These documents should include a Certificate of Origin, Bill of Lading, detailed packing list, among others.
The sourcing agent must score 100% on all legal procedures. This might be tedious and time consuming process but it will help you in any bank audit, if you need any bank loan in future. But, it is one of the key factor in the arena of how to hire the best sourcing agent.
4. Excellent customer care
A good sourcing agent will ensure customer satisfaction on any question you might have. They should be in a position to pick your calls at any time whenever an emergency arises and provide the necessary information. They should also help their clients find common goods by putting measures to deal with quality issues. They should also speak your language to ensure good communication as you may need to talk directly at times.
From your side, try to avoid any mediators and coordinators. You need a smooth online and offline communication, to make hassle free importing of goods.
5. Timely delivery
Be keep to inquire from the references the time delivery of this sourcing agent. A review of late deliveries should be really looked at as it is a red flag even if other indicators are good.
Hiring a professional sourcing agent for your business helps you build trust as you will know the glowing testimonials from their previous customers. An authorized and licensed agent will offer you quality services that meet the standards of the government. Choose an insured agent such as China Sourcing Agent for easy compensation in case of a defect.