Top 5 Tips for Choosing a Product Sourcing Company Your Go-To Guide for Supplier Risk Mitigation | Page 3
Take an ‘under-the-hood’ approach, which means developing an understanding
of the facility (how many production lines, people, seasonality, size, turnover
etc.), their history, other clients (third party references if possible) and where their
expertise lies.
2. Ask for their registration documents
We do this as a matter of course. Although often in a foreign language, be sure
that the supplier is who they say they are and not an imposter! For example, an
export agent and not the ultimate manufacturer as this may lead to additional
costs and possible contractual complexities in the case of any disputes.
3. Check any quality certifications