CPS Asia Sourcing and Consulting
www.cps-asia.comCPS aims at breaking down trading barriers in cross-boarder transactions, while returning business to its original simplicity. We adopt methodical approaches to sourcing in China and help you avoid the following common mistakes: • Inadequate Due Diligence Performed on Suppliers. Check online reviews, follow up by telephone, verify its registration and certification, visit the supplier yourself, hire a sourcing service provider (don't forget to also verify this third party). • Lack of Protection for Payment and Quality Issues. Choose a safer payment method, define clearly what is the "quality" required and what are the exact "delivery terms", place a small initial order for samples, diversify your supply chain for when a supplier seeks unjustified price increases. • Transportation Cost Miscalculation. Work with a freight forwarder if you are new to international logistics. Make a decision on the trade-off of time and cost. Don't overlook the small costs for they can cost you the profitability over time. • No Written Contracts Reviewed by Attorneys. To adequately protect your interest, you must have a detailed written contract, preferably reviewed by a cross-border transaction attorney, to ensure a favorable provisions to buyers (namely, you). • Miscommunication with Chinese Factories In cross-border transactions, you can't afford to say that you and your supplier "kind of" understand each other’s expectations. Engage a Mandarin speaker, preferably a native speaker who also knows the business culture. Do not rely on your supplier’s interpreters. CPS provides customized production services, work with us to discover the beauty of simplicity.
Read moreCPS aims at breaking down trading barriers in cross-boarder transactions, while returning business to its original simplicity. We adopt methodical approaches to sourcing in China and help you avoid the following common mistakes: • Inadequate Due Diligence Performed on Suppliers. Check online reviews, follow up by telephone, verify its registration and certification, visit the supplier yourself, hire a sourcing service provider (don't forget to also verify this third party). • Lack of Protection for Payment and Quality Issues. Choose a safer payment method, define clearly what is the "quality" required and what are the exact "delivery terms", place a small initial order for samples, diversify your supply chain for when a supplier seeks unjustified price increases. • Transportation Cost Miscalculation. Work with a freight forwarder if you are new to international logistics. Make a decision on the trade-off of time and cost. Don't overlook the small costs for they can cost you the profitability over time. • No Written Contracts Reviewed by Attorneys. To adequately protect your interest, you must have a detailed written contract, preferably reviewed by a cross-border transaction attorney, to ensure a favorable provisions to buyers (namely, you). • Miscommunication with Chinese Factories In cross-border transactions, you can't afford to say that you and your supplier "kind of" understand each other’s expectations. Engage a Mandarin speaker, preferably a native speaker who also knows the business culture. Do not rely on your supplier’s interpreters. CPS provides customized production services, work with us to discover the beauty of simplicity.
Read moreCountry
City (Headquarters)
Qingdao
Industry
Employees
1-10
Founded
2017
Social
Employees statistics
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Founder and General Manager
Email ****** @****.comPhone (***) ****-****