If you find 30 potential suppliers that all seem capable of making the product you want, how to pick the best one? With B2B platforms like Alibaba and Global Sources, many buyers ask themselves that question. And an easy answer is "I will ask for free samples and see who says yes and makes good-looking samples". … [Read more...]
What Are Your Non-Recurring Engineering Costs for Production in China?
Many importers want to have their own (customized) products made in China. One common mistake they make is forgetting to calculate the entire project costs. In particular, they forget about Non-Recurring Engineering (NRE) costs -- many companies call this R&D. Some Chinese suppliers make it all look so easy at the beginning when manufacturing new products… To avoid this trap, you should understand what NRE includes. … [Read more...]