3.Be Prepared for Success

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Don’t Let Your Chinese Supplier Think, He Just Cant 1 of 5

Posted by Manoj on 12 Dec 2007 | Tagged as: International Documents

Yes, you are reading correctly. The Title is not a misprint, it is true, dont let them think. If you follow what i show you, you wont let them think. 

 

Ok, lets get into the “real stuff”. 

Here are the type of documents you will need to handle in your import adventures. There might be more, but these comprise 99% of all dealings.  

Most important for you is that I have written them down in  SIMPLE english for you to grasp it  quickly . Ill also be putting this guide up in pdf format so you can donwload it as a resource and reference guide. 

You will encounter the following documents in this order: 

SALES CONTRACT : This is the contract the chinese supplier will send to you informing you of all the details of his items, price, reference, delivery times, payment terms etc. He will ask you to sign back. 

What i normally do is copy the details into my Purchase Order and i send it to the supplier for him to confirm back to me. There are many reasons fow why i do this. 

From my experience, we as buyers assume that the supplier already knows what we want. I dont know if this is simple lazyness from our part  or that we have too many things to do and forget the fact that WE CANNOT LET THEM THINK. My experience has taught me that this is the worst mistake we can make.  

Treat them as children and all will be fine. Let them think and you will spoil everything. You got to realise that they have never been taught to think the way you have. They have been used to following orders, that is how they brain works. It is not their fault, but it is the way things are. 

Hence it is your job to know this and make life simple for them and for you. 

Be Prepared for Success in China

Posted by Manoj on 10 Dec 2007 | Tagged as: 3.Be Prepared for Success

The basics of success are simple and true to every part of life, whether it is business of personal relationships. 

You want to buy, they want to sell, you want the goods at your price, they want to sell at their price , you both agree and  sign a negotiated contract which is to be excuted and delivered.  

The reality however is much different. 

You want to buy, they want to sell. You want the goods 100% delivered as you saw them in their factory at your price, they want to make as much money from the product by lowering the cost. 

You both agree on a deal and sign a negotiated contract. You “hope” that the goos arrive in good condition. They “hope” that you don’t realise the difference in quality and / or the delay in delivery. 

You can imagine what kind of Disaster is lying ahead. 

You need to be prepared for what you are about to face. Be prepared both mentally and physically for what is lying ahead of you.  

- Be prepared to change course from time to time. 

- Be prepared to face some of the hardest and longest negotiations you’ve ever seen.  

- Be prepared to always have an ace up your sleeve. 

- Be prepared to have patience, a loooot of patience, ( even more than with your wife… ). 

- Be prepared to tell white lies. 

- Be prepared to make friends. 

- Be prepared to give respect and receive respect. 

- Be prepared to not believe anything they say. 

- Be prepared to not judge them. 

- Be prepared to acknowledge that in most cases they have a short-term business outlook with you.  

- Be prepared to know that in most cases they don’t know the value of a lifetime customer. No one has ever taught them. 

- Be prepared to not try to change them. They are the way they are. 

- Be prepared to have a plan B ready in case all fails. 

- Be prepared to know that there will always be someone who buys cheaper than you. 

- Be prepared to know that there will always be someone who buys more expensive than you. 

Finally, be prepared to know that China is unique.  

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