Why Work With China IPO?
- China IPO is a consulting company specializing in assisting foreign companies to establish source in China.
- China IPO offers high-level expertise in China sourcing strategies, tactics, and processes.
- China IPO focuses on manufacturers and other who want assistance in increasing their purchasing/sourcing effectiveness and efficiency with Chinese suppliers of goods and services.
Our most important customers are purchasers in small and medium size companies. These purchasers may be charged with resonsibilities for sourcing in China. They do not want to waste their time or risk their money looking for bargain information or questionable expertise.These purchasers are very sensitive to risking their company's name and reputation. China IPO reduces the level of risk companies have sourcing in China.
When our clients wish to source from offshore, there is a temporary need for very high-powered expertise. They need to establish sourcing knowledge of new potential Chinese suppliers or improve their sourcing from existing Chinese suppliers.
Our clients come to us for scalable, temporary expertise. They understand that our kind of expertise is very difficult and expensive to get from full-time, permanent employees. Furthermore, their needs are temporary: the crunch is at the time of sourcing new components/products.
Our clients come to us because we reduce their sense of risk in the management and politics of new sourcing opportunities. If things go wrong, they have experts to blame. If things go right, they get the credit.
Ways We Can Work Together
Retainer Consulting. We represent a client company as an extension of its purchasing/sourcing functions. This begins with complete understanding of the client company's situation, objectives, and constraints. We perform services for the client effortlessly and seamlessly as if we were the temporary employees of our clients.
Project Consulting. Proposed and billed on a per-project and per-milestone basis, project consulting offers a client company a way to harness our specific qualities and use our expertise to solve specific problems, develop and/or implement plans, and develop specific sourcing information.
Market Research. A group study is a packaged and published complete study of a specific supplier, industry, or topic. Examples include studies of the implications of changing suppliers for a specfici product or component.
Training. Our experienced “China Hands” (more than 40 years of experience doing business in China) provide “hands on” training at two different levels on “How to Do Business in China”. The basic seminar is for businessmen and women with limited experience in China and their spouses. The advanced seminar is for those businessmen and women who have considerable experience with China but who need to exploit that knowledge by “going on to the next level” of actually getting their sourcing plan executed in China. All of our training is unique because each seminar is staffed with two instructors (an American expatriate and a Chinese-American) providing a broad viewpoint on all aspects of ChinaBizNow. All our staff live and work in China and only leave China when there is a requirement to conduct a seminar. Online training at both levels is also available.
How to Work in Sourcing With China IPO?
China IPO works closely with our customers from the beginning of a project to ongoing product delivery. The offshore sourcing process to an international customer typically comprises three stages:
1. REQUEST FOR QUOTATION
CUSTOMER
Send to China IPO by email a statement/scope of work indicating the services you would like ChinaBizNow to perform for you in China. A somewhat complete list of China IPO Sourcing services is shown below:
- Reviewing Chinese supplier quality systems
- Reviewing Chinese supplier production capability
- Reviewing buyer plans and specifications for “contractibility” and ease of understanding by Chinese suppliers
- Conducting “soft metrication” of plans and specifications
- Performing value engineering/value analysis of buyer plans and specifications
- Negotiating and writing quality international contracts and purchase orders in both English and Chinese
- Inspecting Chinese supplier production while in process as well as completed goods for contract compliance and quality
- Accomplishing “expediting” of production and delivery from Chinese suppliers
- Assuring goods are properly prepared for export
- Managing the transportation and export of goods from China
- Facilitating buyer-supplier negotiations or conducting negotiations on behalf of buyer
- Resolution of buyer-supplier disputes behalf of buyer
- Providing translation and interpretation services as needed
- Other sourcing services not included above. (Customer describe)
Please provide by email or otherwise a complete package including contract/purchase order terms and conditions, specification(s), drawing(s), quantity/volume, and any special requirements to China IPO, preferably by email. This package might include a sample.
CHINA IPO
Evaluate statement/scope of work and submit either firm-fixed-price or time-and-materials proposal for the required services.
2. QUALIFICATION
CUSTOMER
Evaluate proposal for services from China IPO.
Issue purchase order with statement of work for services to China IPO by Fax or Email.
PLEASE NOTE: China IPO will NOT BE the supplier of the goods and the name of the Chinese supplier must appear on any contracts or purchase orders issued by the purchaser!
CHINA IPO
Commence work on the Customer’s Purchase Order and provide periodic reporting on project execution.
3. PRODUCTION, DELIVERY, AND PAYMENT
CUSTOMER
Issue production PO directly to the supplier or require China IPO to issue the PO using the customer’s “paper”.
Receive products, conduct receiving inspection, and make payments to the Chinese Supplier and China IPO.
CHINA IPO
Assist the Customer as directed in the Customer Purchase Order to China IPO.
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