How to manage your chinese suppliers
Many customer/supplier relationships start nice and end up really ugly. Nurturing a relationship for 5+ years is a rare accomplishement. Most often, it ends up in arguments and bad feelings.
And what happens when a factory is late, when quality is less-than-desirable, or when a supplier increases prices at the last moment? The importer's business suffers.
From my observations, following a few guidelines is enough. Some buyers really get the best out of their Chinese suppliers, but they are a small minority.
I listed 15 strategies to manage your suppliers the right way:
There are basically three areas that you have to work on:
- Set up the right buying processes;
- Control quality systematically;
- Communicate with suppliers for the best results.
Do you want more in-depth advice about this topic?
Download our free e-book about supplier management!