Before deciding whether outsourcing production to China is right for your company, here are the key factors you should consider:
- Due to China’s continuing growth in the global export market, massive internal investment in infrastructure and technology is making the process ever more efficient.
- The level of benefit your company can enjoy from outsourcing to China depends mainly on the amount of labour cost involved in manufacturing your product. The higher the proportion of labour costs in the production of your product, the more likely it is you’ll make a dramatic saving with a move to China.
- Manufacturers usually require an official product order and deposit of 30% of the order value before starting production. The balance will then payable on shipment.
- Lead times depend on the complexity of the product being manufactured or sourced, but can range from as little as 25 days up to 70 days.
- Drakon International will not assist in the sourcing of counterfeit goods.
Once you do decide that outsourcing to China is the right decision for your business, then call Drakon International. Getting this right will be the foundation of your success for a long time to come.
