Montag, 26. April 2010

Freitag, 23. April 2010

How to Import from China 10 Easy Steps

Importing products from China is quite easy! With some patience and persistence you too will soon be able to reap the benefits of importing products from China directly to your country.

Steps

1.     Importing begins with products. Identify the product you are interested in and go straight to the manufacturer to receive a quote on the quantity you desire. The easiest way to do this is with a comprehensive, search of manufacturers on the Global Sources website http://www.globalsources.com. Global Sources is a publicly traded company that has been connecting global buyers with suppliers from Asia for over 37 years. Global Sources personally visits each manufacturer to ensure you work with only quality, verified suppliers.
2.     After searching for your desired product manufacturers, send an inquiry to them through Global Sources. Contacting Global Sources' verified suppliers is a free service to the buyer! Be sure your inquiry includes detailed product specifications and the quantity you would like to import.
3.     Upon receiving your inquiry, the manufacturers will then contact you directly. Based upon suppliers' responses to your inquiry, select a few potential suppliers and request a product sample. Be sure to discuss price, shipping, and payment terms during this stage.
4.     After receiving some samples, select a supplier you would like to work with based on product quality, price, and proposed payment terms.
5.     Contact your local customs office and international trade association to help you select a customs house broker and freight forwarder. For the first time importer, use more individualized services, since you will need more attention than you expect. Ask the customs house broker and freight forwarder for a detailed break-down on the costs and regulations for importing these goods into your country.
6.     Do your homework first on compliance issues. You must understand the relevant import compliance regulations beforehand. Besides US Customs and Border Protection, other government authorities like USDA, FDA, DOT, and ATF also regulate imports. Go to the websites of these agencies to register and/or download the necessary forms.
7.     Place a trial order with the selected manufacturers by way of a written purchase order. In the purchase order, be sure to include a detailed description of the products, trade terms, and a list of all necessary shipping documents.
8.     Appoint a reputable inspection company (ex: http://www.asiainspection.com) to check your goods on site in the factory. This is usually done a few days before the expected shipping date. This will minimize your risk in receiving defective or non-conforming goods.
9.     Issue a real power of attorney for your customs broker to act on your behalf when the goods arrive in your country.
10. Track your shipments and customs clearance. Your forwarder and customs broker will take care of the logistics for transportation and customs clearance; however you may be called on for additional information.
11. Your products have now arrived! It's time to sell your products and make some profit!

To find out more: Click here.

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