Supplier Evaluation

Looking to place an order with a new Chinese supplier?

Are you sure they’re reliable?

Or are they really a factory as they claim rather than a trading company?

Supplier fraud is undoubtedly the biggest risk for buyers importing from China.

The truth is, if a buyer is scammed, the chances of being able to recover damages are almost zero.

You may be using alibaba.com to find your supplier, or you may have heard of Trade Assurance.

But is that safe enough?

Alilbaba Review

What is Supplier Evaluation?

Supplier evaluation is the process of deciding whether a potential supplier is a good fit for your company. It’s also known as a supplier audit or due diligence.

at HUACI Sourcing, our supply chain experts perform a comprehensive examination to reveal the truth about your supplier.

Who Benefits From Supplier Evaluation Service?

If you’re an importer trying to source potential suppliers online (like alibaba.com or made-in-china.com, etc.,) you’d better have a further check on your supplier before placing an order.

Our supplier evaluation service will be helpful for you if you have the following questions:

  • Is this supplier legitimate?
  • Is this supplier telling the truth about their company?
  • Is this supplier a real factory or just a trading company?

Why do You Need to Have a Supplier Evaluation?

It’s much easier to import from China than ten years ago.

Thanks to the online marketplaces, you don’t have to fly to China to discuss your order any longer.

However, that brings in a new problem: you have to make all your decisions based on suppliers’ online performances.

Supplier’s years of operation are not a safe guarantee.

years of operation on alibaba

Five-year alibaba account holder leasing sub-accounts to other companies

Five-year alibaba account holder leasing sub-accounts to other companies

Simply put, the company you’re contacting could be any random suppliers or even a company that doesn’t exist!

A supplier has a good looking website doesn’t mean they have a good record

During supplier evaluation for a client, we found out one of his potential suppliers has been sued for failing to deliver goods as contracted several times.

suppliers has been sued for failing to deliver goods

Keep your intellectual property safe.

An importer would like to build a new brand in his country, and he found an OEM supplier who had years of experience manufacturing for his competitor.
South African Brand Being Registered in China By Supplier

South African Brand Being Registered in China By Supplier

He was going to approach this supplier for a quote, but he finally gave up this idea, because we found this supplier had secretly registered their client’s brand in China.

What Is in a Supplier Evaluation Report?

HUACI Sourcing offers 3 different supplier evaluation solutions to meet buyers’ needs at different stages.

Supplier Evaluation BASIC: includes all the essential company background details. With the BASIC plan, you will be able to know if this supplier is existing and if it is a real factory or not.

Supplier Evaluation PRO: in addition to the information included in the BASIC plan, risk and intellectual property information is included in determining the supplier’s reliability effectively.

Supplier Evaluation 360-DEGREE: in addition to information on the PRO Plan, it also includes verifying suppliers’ relevant certifications (e.g., production management systems such as ISO) and customs records for exported products.

“By failing to prepare, you are preparing to fail.”
In fact, 95% of supplier scams in China can be avoided, but only if you are well prepared.
Stay Safe With HUACI SOURCING
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